Suddenly a steep fall in the price of gold! Know the latest price of today Gold Rate Drop Today


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.

See also  19th installment of PM Kisan Yojana will be released on this day

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:

  1. Hallmark check: Hallmark guarantees purity.
  2. Purification: Make sure you are buying 22 carats or 24 carat gold.
  3. Price Comparison: Compare price to different jewelers.
  4. Get the bill: Don’t forget to take a bill on shopping.
  5. 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.

See also  You can take loan up to Rs 50000 through Aadhar card sitting at home

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.

Sharing Is Caring:

Hello friends, I am Ashok Nayak, the Author & Founder of this website blog, I have completed my post-graduation (M.sc mathematics) in 2022 from Madhya Pradesh. I enjoy learning and teaching things related to new education and technology. I request you to keep supporting us like this and we will keep providing new information for you. #We Support DIGITAL INDIA.

Leave a Comment