On March 22, 2025, gold prices saw a slight dip, creating waves in the precious metals market. In India, 24-carat gold is now priced at ₹9038.3 per gram, reflecting a decrease of ₹460.0 from the previous day. The 22-carat gold rate stands at ₹8286.3 per gram, down by ₹420.0. Recent trends reveal a 0.86% decline in gold prices over the past week and a 2.65% drop in the last month. Meanwhile, silver is currently priced at ₹106000.0 per kg, experiencing a reduction of ₹2300.0.
Gold Rates Across Major South Indian Cities
When it comes to gold rates, here’s how the top cities in South India stack up today:
Chennai
- Current Price: ₹90231.0/10 grams
- Previous Day: ₹90471.0/10 grams
- Last Week: ₹89691.0/10 grams
Bangalore
- Current Price: ₹90225.0/10 grams
- Previous Day: ₹90465.0/10 grams
- Last Week: ₹89685.0/10 grams
Hyderabad
- Current Price: ₹90239.0/10 grams
- Previous Day: ₹90479.0/10 grams
- Last Week: ₹89699.0/10 grams
Visakhapatnam
- Current Price: ₹90247.0/10 grams
- Previous Day: ₹90487.0/10 grams
- Last Week: ₹89707.0/10 grams
Vijayawada
- Current Price: ₹90245.0/10 grams
- Previous Day: ₹90485.0/10 grams
- Last Week: ₹89705.0/10 grams
Silver Prices in Major South Indian Cities
Silver prices are also experiencing fluctuations. Here’s the latest data:
Chennai
- Current Price: ₹114600.0/Kg
- Previous Day: ₹116800.0/Kg
- Last Week: ₹114700.0/Kg
Bangalore
- Current Price: ₹105000.0/Kg
- Previous Day: ₹107200.0/Kg
- Last Week: ₹105100.0/Kg
Hyderabad
- Current Price: ₹115200.0/Kg
- Previous Day: ₹117400.0/Kg
- Last Week: ₹115300.0/Kg
Visakhapatnam
- Current Price: ₹113600.0/Kg
- Previous Day: ₹115800.0/Kg
- Last Week: ₹113700.0/Kg
Vijayawada
- Current Price: ₹116000.0/Kg
- Previous Day: ₹118200.0/Kg
- Last Week: ₹116100.0/Kg
Factors Influencing Gold and Silver Prices
The fluctuation in gold and silver prices is driven by multiple factors, including:
- Global Demand: The overall appetite for these precious metals worldwide significantly affects pricing.
- Currency Fluctuations: Variations in the strength of the US dollar against other currencies can impact their desirability.
- Interest Rates: Elevated interest rates may make gold and silver less appealing since they do not provide interest income.
- Government Regulations: Policies concerning the gold and silver trade can cause price shifts.
- World Events: Economic conditions and geopolitical events play a crucial role in the demand and price of precious metals.
Expert Insights
Jewelry professionals often provide valuable market insights that can help investors and consumers navigate the complexities of gold and silver pricing. Their expertise can shed light on upcoming trends and potential price movements.
For a detailed overview of gold prices in major cities across the North, click here.
