Gold prices have recently seen a huge decline, which has attracted the attention of investors and buyers. On 4 March 2025, gold prices were reduced in various cities of the country. While the price of 24 carat gold reached ₹ 86,600 per 10 grams, 22 carat gold is trading at ₹ 79,300 per 10 grams.
There are many global and domestic reasons behind this decline, such as dollar strength, change in inflation and profits by investors. In this article we will discuss the fresh sense and future possibilities due to the fall in gold prices.
What is today’s gold rate?
Today’s fresh gold prices and the main figures related to it are given below:
Description | Information |
24 carat gold price (10 grams) | ₹ 86,600 |
22 carat gold price (10 grams) | ₹ 79,300 |
Silver price (1 kg) | ₹ 96,900 |
Cause of fall | Dollar strength, profits |
Highest level (February 2025) | ₹ 87,600 (24 carats) |
Major reasons for fall in gold prices
1. Dollar strength
The US dollar’s strength in the international market has put pressure on gold prices. When the dollar is strong, gold becomes expensive in other currencies, which reduces its demand.
2. Profit booking
Gold prices were at record high in the last few months. In such a situation, investors started selling their holdings to earn profits, causing prices to fall.
3. Federal Reserve Trial
The possibility of increasing interest rates by the US Federal Reserve has also affected gold prices. High interest rates attract investors towards other assets.
4. Weak domestic demand
Weak demand by jewelery vendors and consumers in India is also a reason for the fall in prices.
Today’s gold price in major cities of India
City | 22 carat (₹/10 grams) | 24 carat (₹/10 grams) |
Delhi | ₹ 80,250 | ₹ 87,530 |
Mumbai | ₹ 79,300 | ₹ 86,600 |
Chennai | ₹ 81,000 | ₹ 88,000 |
Kolkata | ₹ 79,500 | ₹ 86,800 |
Bengaluru | ₹ 79,200 | ₹ 86,400 |
Fresh silver price
Silver prices are also facing ups and downs. Today the price of silver was recorded at ₹ 96,900 per kg. Last week, this rate reached ₹ 98,000 per kg.
Fautable things when buying gold
While buying gold, the following things should be kept in mind:
- Hallmark check: Hallmark guarantees purity.
- Purification: Make sure you are buying 22 carats or 24 carat gold.
- Price Comparison: Compare price to different jewelers.
- Get the bill: Don’t forget to take a bill on shopping.
- Know the current rate: Be sure to check the latest rate before shopping.
Factors affecting gold prices in future
1. International Market
Gold prices may be affected by global events such as war or economic crisis.
2. Dollar Index
The fluctuations in the dollar index directly affect the price of gold.
3. policies of central banks
The decisions taken by central banks on interest rates and inflation also decide the price of gold.
Would it be right to buy gold right now?
This time to buy gold can be right for those who see it as long -term investment. However short -term investors should wait until the market becomes stable.
conclusion
The recent decline in gold prices has made it a good option for investment and shopping. However, it is important to understand the market status and decide at the right time.
Disclaimer
This article is written only for the purpose of providing information. Seek expert advice before taking any financial decision and assess the current market situation. Gold and silver prices depend on global and domestic factors and there are fluctuations.