As of March 20, 2025, gold and silver prices have seen some interesting movements, capturing the attention of investors across India. Gold has experienced a slight uptick, with 24-carat gold now priced at ₹9062.3 per gram, showing an increase of ₹440.0. Meanwhile, 22-carat gold is valued at ₹8308.3 per gram, marking a rise of ₹400.0. Silver has also climbed, currently priced at ₹108200.0 per kilogram, which indicates a gain of ₹1000.0.
Current Gold and Silver Prices in Major South Indian Cities
Chennai
- Gold Price: ₹90471.0 per 10 grams
- Yesterday’s Price: ₹89571.0
- Last Week’s Price: ₹88611.0
Bangalore
- Gold Price: ₹90465.0 per 10 grams
- Yesterday’s Price: ₹89565.0
- Last Week’s Price: ₹88605.0
Hyderabad
- Gold Price: ₹90479.0 per 10 grams
- Yesterday’s Price: ₹89579.0
- Last Week’s Price: ₹88619.0
Visakhapatnam
- Gold Price: ₹90487.0 per 10 grams
- Yesterday’s Price: ₹89587.0
- Last Week’s Price: ₹88627.0
Vijayawada
- Gold Price: ₹90485.0 per 10 grams
- Yesterday’s Price: ₹89585.0
- Last Week’s Price: ₹88625.0
Silver Prices in Major South Indian Cities
Chennai
- Silver Price: ₹116800.0 per Kg
- Yesterday’s Price: ₹114500.0
- Last Week’s Price: ₹112800.0
Bangalore
- Silver Price: ₹107200.0 per Kg
- Yesterday’s Price: ₹104900.0
- Last Week’s Price: ₹103200.0
Hyderabad
- Silver Price: ₹117400.0 per Kg
- Yesterday’s Price: ₹115100.0
- Last Week’s Price: ₹113400.0
Visakhapatnam
- Silver Price: ₹115800.0 per Kg
- Yesterday’s Price: ₹113500.0
- Last Week’s Price: ₹111800.0
Vijayawada
- Silver Price: ₹118200.0 per Kg
- Yesterday’s Price: ₹115900.0
- Last Week’s Price: ₹114200.0
Factors Influencing Precious Metal Prices
The valuation of gold and silver is subject to numerous determinants that can cause significant fluctuations. Here are some key factors:
- Global Demand: The worldwide appetite for gold and silver directly influences pricing.
- Currency Values: Variations in the value of currencies, especially the US dollar, can impact the desirability of these metals.
- Interest Rates: Increases in interest rates may diminish the attractiveness of gold and silver, as they yield no interest.
- Government Policies: Regulations concerning gold and silver trading can sway market prices.
- Global Events: Economic trends, geopolitical tensions, and other international occurrences can affect market demand for these precious metals.
Insights from Jewelers
Industry experts, such as jewelers, often provide critical insights into market trends and the potential for price shifts, making their opinions valuable for investors and consumers alike.
For a comprehensive overview of gold prices in major northern cities, click here.
By staying informed about gold and silver price movements, investors can make more strategic decisions in a dynamic market.
