Gold prices experienced a slight rise on Wednesday after falling for five consecutive days. The easing of the US dollar and uncertainty surrounding upcoming US import tariffs provided some support to the demand for gold.
Gold Prices in India
24K Gold: ₹89,400 per 10 grams (up ₹11)
22K Gold: ₹81,950 per 10 grams In Delhi, 24K gold was priced at ₹89,550 per 10 grams, and 22K gold at ₹82,100 per 10 grams, both showing an increase of ₹100 from the last close.
Gold Prices Across Key Cities
Delhi: 22K Gold ₹82,100 | 24K Gold ₹89,550
Mumbai: 22K Gold ₹81,950 | 24K Gold ₹89,400
Chennai: 22K Gold ₹81,950 | 24K Gold ₹89,400
Kolkata: 22K Gold ₹81,950 | 24K Gold ₹89,400
Silver Prices in India
Silver saw a significant rise of ₹1,000, reaching ₹1,02,000 per kg in early trade. This was amid increased demand in the local market, though the strengthening US dollar did affect sentiment slightly. Silver prices had remained flat at ₹1,01,000 per kg on Tuesday.
Silver Prices in Major Cities
Delhi: ₹1,02,000 per kg
Mumbai: ₹1,02,000 per kg
Chennai: ₹1,11,000 per kg
Kolkata: ₹1,02,000 per kg
Comparison of Gold and Silver Prices This Week
Gold prices have experienced some correction after reaching lifetime highs, with a stronger rupee also playing a role in reducing prices. In contrast, silver prices have remained relatively flat due to weak local demand, with the rebound of the US dollar adding downward pressure.
Price Comparison This Week
| Date | 22K Gold (per 10g) | 24K Gold (per 10g) | Silver Price (per kg) |
|---|---|---|---|
| Mar 26 | ₹81,840 | ₹89,280 | ₹1,00,900 |
| Mar 25 | ₹81,850 | ₹89,290 | ₹1,01,000 |
| Mar 24 | ₹82,150 | ₹89,620 | ₹1,01,000 |
| Mar 22 | ₹82,300 | ₹89,780 | ₹1,01,000 |
| Mar 21 | ₹82,700 | ₹90,220 | ₹1,03,000 |
| Mar 20 | ₹83,100 | ₹90,660 | ₹1,05,100 |
| Mar 19 | ₹82,510 | ₹90,010 | ₹1,04,100 |
Overall, both gold and silver have experienced fluctuations this week, with gold prices showing a minor upward movement on March 26, while silver saw a notable increase in local demand, reflecting a dynamic market.
Related topics：
- What is the Value of 18K Gold?
- Why Does Gold Price Increase During War?
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