Gold and Silver Rates Update: March 14, 2025
On March 14, 2025, gold prices saw a slight uptick, offering a glimmer of optimism for investors and buyers alike. The price for 24-carat gold in India has reached ₹8,876.3 per gram, marking an increase of ₹600. Meanwhile, 22-carat gold is priced at ₹8,138.3 per gram, reflecting a rise of ₹550. This week, gold has fluctuated by -0.38%, and over the past month, it has experienced a -0.94% change. In addition, silver is currently valued at ₹104,200 per kg, up by ₹1,000.
Gold Prices in Major Northern Cities
For those tracking gold prices across northern Indian cities, here are the latest figures:
- Delhi: Currently, the gold price stands at ₹88,763 for 10 grams, a rise from ₹87,653 yesterday and ₹87,323 last week.
- Jaipur: Gold is priced at ₹88,756 for 10 grams, increasing from ₹87,646 the previous day and ₹87,316 last week.
- Lucknow: The current price is ₹88,779 for 10 grams, up from ₹87,669 yesterday and ₹87,339 last week.
- Chandigarh: Presently, gold is ₹88,772 for 10 grams, a slight increase from ₹87,662 yesterday and ₹87,332 last week.
- Amritsar: The price has reached ₹88,790 for 10 grams, compared to ₹87,680 yesterday and ₹87,350 last week.
Silver Rates in Key Northern Markets
Silver prices have also seen movement across major northern cities:
- Delhi: The silver rate is now ₹104,200/kg, up from ₹101,000 yesterday and ₹102,300 last week.
- Jaipur: Currently priced at ₹104,600/kg, a rise from ₹101,400 yesterday and ₹102,700 last week.
- Lucknow: Silver is at ₹105,100/kg, compared to ₹101,900 yesterday and ₹103,200 last week.
- Chandigarh: The current rate is ₹103,600/kg, an increase from ₹100,400 yesterday and ₹101,700 last week.
- Patna: The silver price stands at ₹104,300/kg, up from ₹101,100 yesterday and ₹102,400 last week.
Understanding Fluctuations in Precious Metal Prices
The dynamics of gold and silver pricing are influenced by various factors, both globally and locally. Key elements include:
- Global Demand: Increased demand can drive prices upward.
- Currency Exchange Rates: Fluctuations in currency value can impact metal prices.
- Interest Rates: Higher interest rates may decrease the appeal of non-yielding assets like gold.
- Government Policies: Changes in regulations can affect market stability.
- Market Sentiment: Global events can lead to sudden shifts in prices.
To gain a deeper understanding of these trends, consulting with jewelers and market experts can provide invaluable insights into potential price movements.
For further information on gold rates in southern major cities, click here!