On March 12, 2025, gold prices have seen a slight decline, impacting both consumers and investors alike. In India, the rate for 24-carat gold currently stands at ₹8765.3 per gram, marking a reduction of ₹350.0 from previous figures. Similarly, 22-carat gold is priced at ₹8036.3 per gram, down by ₹320.0. Over the past week, the price of 24-carat gold has fluctuated by 0.33%, while a monthly comparison shows a dip of 0.72%.

Current Silver Rates in India

The silver market isn’t immune to these shifts either. Currently, the price of silver in India is recorded at ₹101000.0 per kg, which reflects a decrease of ₹1000.0 per kg.

Gold Prices in Major Northern Cities

Here’s a breakdown of gold prices across five prominent northern cities in India:

• Delhi: Today, the gold price is ₹87653.0 for 10 grams, down from ₹87873.0 the previous day and ₹88163.0 from last week.

• Jaipur: Gold is priced at ₹87646.0 for 10 grams today, a decline from ₹87866.0 yesterday and ₹88156.0 last week.

• Lucknow: The current rate is ₹87669.0 for 10 grams, compared to ₹87889.0 yesterday and ₹88179.0 last week.

• Chandigarh: The price here is ₹87662.0 for 10 grams today, down from ₹87882.0 yesterday and ₹88172.0 last week.

• Amritsar: Today’s rate stands at ₹87680.0 for 10 grams, decreasing from ₹87900.0 yesterday and ₹88190.0 last week.

Silver Rates Across Northern Cities

In terms of silver, here’s how the rates are shaping up in key northern cities:

• Delhi: Silver is currently priced at ₹101000.0/kg, down from ₹102100.0/kg yesterday.

• Jaipur: The silver rate stands at ₹101400.0/kg, a decrease from ₹102500.0/kg yesterday.

• Lucknow: Today, silver is priced at ₹101900.0/kg, compared to ₹103000.0/kg yesterday.

• Chandigarh: The rate is ₹100400.0/kg, down from ₹101500.0/kg the previous day.

• Patna: Silver is currently at ₹101100.0/kg, down from ₹102200.0/kg yesterday.

Factors Influencing Gold and Silver Prices

Understanding the dynamics of gold and silver prices requires insight into various influencing factors. Key elements include:

• Global Demand: Trends in jewelry consumption and industrial use.
• Currency Exchange Rates: Fluctuations can affect import costs.
• Interest Rates: Higher rates often lead to lower precious metals prices.
• Government Policies: Tariffs and regulations can impact market stability.
• Global Events: Political and economic events worldwide can create volatility.

Jewelry experts often provide crucial insights into these trends and forecast potential price changes.

For those interested in tracking the gold rates in southern major cities, additional resources are readily available.