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On March 24, 2025, gold prices in India fell by Rs 150 after record highs. In Mumbai, 22-carat gold was Rs 89,620 per 10g, 24-carat was Rs 67,220, and silver was Rs 1,00,900 per kg.
In futures trade on the Multi Commodity Exchange (MCX), gold contracts for April delivery declined Rs 554 to Rs 85,320 per 10 grams.
Gold And Silver Price Today in India: On 24 March 2025, the price of gold experienced a sharp decline of Rs 150 in morning trade, following a period of stability after reaching record highs. The surge in gold prices to unprecedented levels was driven by global uncertainty and tariff threats from Donald Trump.
In Mumbai, gold was trading at Rs 89,620 per 10 grams for 22-carat and Rs 67,220 per 10 grams for 24-carat on Monday.
Silver also faced downward pressure during morning trading.
On MCX, Gold futures commodity was trading at Rs 87,738 per 10 grams. Meanwhile, silver futures was trading at Rs 98,220 per kg with a gain of 0.34 per cent.
Known for its unmatched purity, 24-carat gold continues to attract buyers seeking premium quality. Meanwhile, 22-carat gold, prized for its durability and timeless charm, remains a favourite among jewellery enthusiasts and investors alike, striking a balance between elegance and practicality.
Here’s a detailed breakdown of gold prices across key cities (March 24, 2025):
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | Rs 82,300 | Rs 89,770 |
| Jaipur | Rs 82,300 | Rs 89,770 |
| Ahmedabad | Rs 82,200 | Rs 89,670 |
| Patna | Rs 82,200 | Rs 89,670 |
| Mumbai | Rs 82,150 | Rs 89,620 |
| Hyderabad | Rs 82,150 | Rs 89,620 |
| Chennai | Rs 82,150 | Rs 89,620 |
| Bengaluru | Rs 82,150 | Rs 89,620 |
| Kolkata | Rs 82,150 | Rs 89,620 |
Silver Price In India Today (March 24, 2025)
On the other hand, silver prices witnessed a slight downward momentum to trade at Rs 1,00,900 per kg in the spot market across major Indian cities.
What Factors Affect Gold Prices In India?
International market rates, import duties, taxes, and fluctuations in exchange rates primarily influence gold prices in India. Together, these factors determine the daily gold rates across the country.
In India, gold is deeply cultural and financial. It is a preferred investment option and is key to celebrations, particularly weddings and festivals.
With constantly changing market conditions, investors and traders monitor fluctuations closely. Staying updated is crucial for effectively navigating dynamic trends.
