In the last few days, gold prices have seen a lot of fluctuations. Recently, on 17 March 2025, there was a major change in gold prices, which has increased considerable curiosity between investors and customers. In this article, we will discuss in detail about the new prices of 24 carat gold and explain the reasons behind it.
Gold has always been considered a safe investment option, especially in the time of economic uncertainty. In recent times, the policies of the global economic trends and the Federal Reserve have greatly influenced the prices of gold. In addition, there is an increase in demand for gold on festivals like Holi, which increases its prices.
Gold Price Trends
| City | Price of 24 carat gold (10 grams per 10 grams) |
| Delhi | ₹ 89,843.0 |
| Chennai | ₹ 89,691.0 |
| Mumbai | Around ₹ 86,087.0 |
| Kolkata | Around ₹ 86,085.0 |
| Bangalore | Around ₹ 89,780.0 |
| Hyderabad | Around ₹ 87,780.0 |
| Changes compared to last week | -1.0% (24 carats) |
| Changes in comparison to last month | -1.6% (24 carats) |
Due to fluctuations in gold prices
Gold prices have seen a lot of ups and downs in recent times. Many reasons account for this:
- Global Economic Trends: Economic uncertainty and global economic trends affect gold prices.
- Federal Reserve policies: Monetary policies of Federal Reserve also affect gold prices.
- Currency exchange rates: Indian rupee exchange rates also affect gold prices.
- Festive demand: Gold demand increases on festivals like Holi, which increases prices.
Future of gold prices
It is important to know what will be the prices of gold ahead. In recent times, gold prices have voiced a lot of ups and downs, but it still remains a safe investment option. Gold prices may change depending on global economic trends and policies of Federal Reserve.
Factors affecting gold prices
Gold prices depend on many factors:
- Economic uncertainty: Gold prices rise at the time of economic uncertainty.
- Currency exchange rates: Indian rupee exchange rates affect gold prices.
- Central bank policies: The policies of central banks also affect gold prices.
- Festive demand: Gold demand on festivals increases, which increases prices.
Benefits of investment in gold
There are many advantages to invest in gold:
- Safe investment: Gold is a safe investment option, especially the time of economic uncertainty.
- Security against inflation: Gold is a good security shield against inflation.
- Liquidity: Gold can be easily converted into cash.
- Diversification: Gold is a good option for diversification in portfolio.
Future and investment strategy of gold prices
It is important to know how gold prices will be ahead. In recent times, gold prices have voiced a lot of ups and downs, but it still remains a safe investment option. Investors should consider inclusion of gold in their portfolio, especially when global economic trends are uncertain.
Strategies for investment in gold
There are some strategies to invest in gold:
- Long -term investment: Gold is a good investment option for long periods.
- Diversification: Include gold in your portfolio so that the risk is reduced.
- Regular investment: Investing in gold at regular intervals can be a good strategy.
conclusion
Gold prices have always been subject to fluctuations, but it remains a safe investment option. Global Economic Trends, Federal Reserve policies, and currency exchange rates affect gold prices. Investors should consider inclusion of gold in their portfolio.
Disclaimer: This article is for general information and it would be appropriate to consult a personal financial advisor for any investment decision. Gold prices depend on market conditions and how it will be in the future, there is no guarantee.
