On March 19, 2025, gold prices in India witnessed a slight increase, showcasing a positive trend in the precious metal market. The 24-carat gold rate is currently pegged at ₹9018.3 per gram, reflecting a rise of ₹460.0. Meanwhile, 22-carat gold is priced at ₹8268.3 per gram, marking an increase of ₹420.0. Over the past week, the fluctuation in 24-carat gold prices has been recorded at -1.86%, with a more significant decline of -3.37% over the last month. In addition, silver is also seeing a rise, with the current price set at ₹107200.0 per kg, up by ₹1300.0.
Regional Gold Prices in Southern India
Here’s a brief overview of the latest gold rates across major cities in South India:
Chennai
- Current Rate: ₹90031.0 per 10 grams
- Previous Day (March 18, 2025): ₹89681.0
- Last Week (March 13, 2025): ₹88011.0
Bangalore
- Current Rate: ₹90025.0 per 10 grams
- Previous Day: ₹89675.0
- Last Week: ₹88005.0
Hyderabad
- Current Rate: ₹90039.0 per 10 grams
- Previous Day: ₹89689.0
- Last Week: ₹88019.0
Visakhapatnam
- Current Rate: ₹90047.0 per 10 grams
- Previous Day: ₹89697.0
- Last Week: ₹88027.0
Vijayawada
- Current Rate: ₹90045.0 per 10 grams
- Previous Day: ₹89695.0
- Last Week: ₹88025.0
Silver Prices in Southern Cities
The silver market is also reacting positively, with the following prices noted across major southern cities:
- Chennai: ₹115800.0 per kg (Previous Day: ₹114600.0)
- Bangalore: ₹106200.0 per kg (Previous Day: ₹105000.0)
- Hyderabad: ₹116400.0 per kg (Previous Day: ₹115200.0)
- Visakhapatnam: ₹114800.0 per kg (Previous Day: ₹113600.0)
- Vijayawada: ₹117200.0 per kg (Previous Day: ₹116000.0)
Key Influencers on Gold and Silver Prices
The prices of gold and silver are subject to various fluctuating factors which include:
- Global Demand: The worldwide appetite for these precious metals plays a crucial role in pricing.
- Currency Value: Fluctuations in currency values, especially the US dollar, impact the investment appeal of gold and silver.
- Interest Rates: Higher interest rates can diminish the attractiveness of these metals as they yield no interest income.
- Government Policies: Regulations around the trading of gold and silver can have a direct effect on market prices.
- Global Events: Economic shifts, geopolitical tensions, and other international occurrences can greatly influence demand.
Expert Insights
Jewelers and market analysts often provide valuable insights into market trends and potential shifts in pricing, making their perspectives crucial for investors and consumers alike.
For more detailed information on gold prices in major northern cities, click here.
Stay tuned for daily updates on gold and silver prices, ensuring you remain informed about your investments!
