Gold and Silver Prices Update for March 11, 2025

On March 11, 2025, the gold market witnessed a slight uptick, with 24-carat gold priced at ₹8,800.3 per gram, marking an increase of ₹130.0. Meanwhile, 22-carat gold saw a similar rise, now costing ₹8,068.3 per gram, up by ₹120.0. Despite these recent gains, the price of 24-carat gold has experienced a -0.36% fluctuation over the last week and a -1.19% decline over the past month. In contrast, silver is currently priced at ₹102,000.0 per kilogram, reflecting a decrease of ₹100.0.

Regional Gold Prices in Southern India

Gold prices can vary significantly across different cities. Here’s a quick snapshot of the gold rates in major southern Indian cities:

• Chennai: Today’s gold price stands at ₹87,851.0 per 10 grams, up from ₹87,731.0 yesterday.
• Bangalore: Gold is priced at ₹87,845.0 per 10 grams, a slight rise from ₹87,725.0 the previous day.
• Hyderabad: The rate today is ₹87,859.0 per 10 grams, increasing from ₹87,739.0 yesterday.
• Visakhapatnam: Today’s price is ₹87,867.0 per 10 grams, up from ₹87,747.0 the day before.
• Vijayawada: Gold is currently ₹87,865.0 per 10 grams, a rise from ₹87,745.0.

Silver Prices Across Southern Cities

Silver prices are also seeing fluctuations. Here’s a summary of the current rates in southern cities:

• Chennai: Silver is priced at ₹110,600.0 per kg, down from ₹110,800.0 yesterday.
• Bangalore: The current price is ₹101,000.0 per kg, a decrease from ₹101,200.0 the day before.
• Hyderabad: Silver rates are at ₹111,200.0 per kg, down from ₹111,400.0.
• Visakhapatnam: The price stands at ₹109,600.0 per kg, down from ₹109,800.0.
• Vijayawada: Silver is currently ₹112,000.0 per kg, a slight drop from ₹112,200.0.

Factors Influencing Gold and Silver Prices

Gold and silver prices are affected by a myriad of factors that fluctuate daily. Here are some critical influences:

• Global Demand: The demand for these precious metals on an international scale can drive price changes.
• Currency Fluctuations: Movements in currency values, particularly the US dollar, can impact how attractive gold and silver are as investment options.
• Interest Rates: Higher interest rates can decrease the appeal of investing in gold and silver since they do not yield interest.
• Government Regulations: Policies governing the trade of gold and silver can greatly influence pricing.
• World Events: Economic shifts, geopolitical tensions, and other global occurrences can sway the demand and prices of these precious resources.

Understanding these factors can help investors make informed decisions about buying or selling gold and silver. If you’re interested in checking gold prices in major northern cities, click here.

By staying informed, you can navigate the market effectively, taking advantage of opportunities as they arise.