Gold prices saw a modest decline on Wednesday, March 12, 2025. In India, the price of 24-carat gold decreased by ₹350, now priced at ₹8,765.3 per gram. Similarly, the cost of 22-carat gold fell by ₹320, reaching ₹8,036.3 per gram.
Over the past week, 24-carat gold experienced a slight fluctuation of 0.33%, while its price has decreased by 0.72% over the last month. Meanwhile, silver rates also dropped, with the current price standing at ₹101,000 per kilogram, reflecting a reduction of ₹1,000 compared to previous levels.
Gold Prices in North Indian Cities
Gold prices have been tracking similar trends across various cities in North India, showing a decline when compared to yesterday and the previous week:
Delhi: Gold is priced at ₹87,653 per 10 grams today, down from ₹87,873 on March 11, 2025, and ₹88,163 on March 6, 2025.
Jaipur: Gold costs ₹87,646 per 10 grams today, a decrease from ₹87,866 yesterday and ₹88,156 last week.
Lucknow: In Lucknow, the price of gold is ₹87,669 per 10 grams, down from ₹87,889 yesterday and ₹88,179 last week.
Chandigarh: Gold prices in Chandigarh stand at ₹87,662 per 10 grams, down from ₹87,882 yesterday and ₹88,172 last week.
Amritsar: The cost of gold in Amritsar is ₹87,680 per 10 grams today, a decline from ₹87,900 yesterday and ₹88,190 last week.
Silver Rates in North Indian Cities
Silver prices have also dropped in North India, following similar trends to gold:
Delhi: Silver is priced at ₹101,000 per kilogram today, down from ₹102,100 yesterday and the same as last week’s price of ₹101,000.
Jaipur: Silver costs ₹101,400 per kilogram today, a reduction from ₹102,500 yesterday and the same as last week’s price.
Lucknow: In Lucknow, silver is priced at ₹101,900 per kilogram today, down from ₹103,000 yesterday and the same as last week’s price.
Chandigarh: Silver in Chandigarh is priced at ₹100,400 per kilogram, a decrease from ₹101,500 yesterday and the same as last week.
Patna: Silver in Patna costs ₹101,100 per kilogram today, down from ₹102,200 yesterday and the same as last week’s price.
Factors Affecting Gold and Silver Prices
The prices of gold and silver are impacted by a variety of factors, both global and local. Key influences include worldwide demand, currency fluctuations, interest rates, government policies, and global geopolitical events. Changes in these factors can lead to significant price movements in precious metals. Jewelers and market experts often offer valuable insights into these trends, helping consumers understand potential price fluctuations.
As market dynamics continue to evolve, keeping an eye on these key factors will be crucial for those involved in buying or investing in gold and silver.
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