Gold and Silver Prices in India Today: March 10, 2025 – Latest Rates, Trends, and Expert Insights
Gold prices in India saw a guarded beginning to the week, with marginal losses indicating global market uncertainties and shifting investor sentiment. If you are monitoring gold prices in India today, here is a detailed analysis of rates, city-wise comparison and the major factors influencing the market.
Gold Prices in India Today: A Preview
24 carat gold in India on 10 March 2025 was ₹8,787.3 per gram, decreasing slightly by ₹10 from yesterday. The price of 22 carat gold also decreased to ₹8,056.3 per gram with the same drop of ₹10. Gold decreased by 0.62% during the past week, and there was a decrease of 0.55% in the month’s trend if compared with previous days.
In Delhi benchmark bullion market, saleable gold was 10 grams of 24 carat for ₹87,873, which decreased from ₹87,323 on March 9. Silver prices also relaxed and 1 kg silver was available for sale at ₹102,100 in Delhi, which was down by ₹100 from yesterday.
City-wise gold prices: Top 5 markets in North India
There are regional variations owing to local taxes, demand and logistics costs. Here’s how prices moved in top northern cities:
👉 Delhi: ₹87,873/10 gm (24K)
Yesterday: ₹87,323 | Previous week: ₹86,783
Insight: Delhi prices tend to be used as a national benchmark owing to its heavy trading volumes.
👉 Jaipur: ₹87,866/10 gm (24K)
Yesterday: ₹87,316 | Previous week: ₹86,776
Why lower? Local demand muted amid wedding season slowdown.
👉 Lucknow: ₹87,889/10 gm (24K)
Yesterday: ₹87,339 | Last week: ₹86,799
Trend: Prices are generally higher here because of transport charges.
👉 Chandigarh: ₹87,882/10 gm (24K)
Yesterday: ₹87,332 | Last week: ₹86,792
Factor: Nearest to refineries, and hence rates are competitive.
👉 Amritsar: ₹87,900/10 gm (24K)
Yesterday: ₹87,350 | Last week: ₹86,810
Note: Highest in the area on account of firm retail demand.
Silver prices: Strongest markets in North India
Silver prices too softened, Delhi trading at ₹102,100/kg. This is the city-wise split:
👉 Delhi: ₹102,100/kg
Yesterday: ₹102,300 | Last week: ₹100,000
Trend: Industrial demand quiet before quarterly production cycles.
👉 Jaipur: ₹102,500/kg
Yesterday: ₹102,700 | Last week: ₹100,400
👉 Lucknow: ₹103,000/kg
Yesterday: ₹103,200 | Last week: ₹100,900
Why the increase? Local jewellery demand is stable.
👉 Chandigarh: ₹101,500/kg
Yesterday: ₹101,700 | Last week: ₹99,400
👉 Patna: ₹102,200/kg
Yesterday: ₹102,400 | Last week: ₹100,100
Why is the price of gold and silver decreasing?
Today’s gold price in India is shaped by both domestic and global forces. And this is what they have to say:
👉 Global market pressures:
The stronger dollar and increasing bond yields have undercut the attractiveness of gold as a haven asset.
Quote: “Global gold prices are responding to Fed policy indications. Investors are balancing between inflation hedge and equity markets,” Ravi Sharma, commodity analyst, India Bulls says.
👉 Rupee strength:
The recent appreciation of the Indian rupee against the dollar has cut import prices, causing domestic prices to soften.
👉 Demand for jewellery muted:
Wedding season doldrums and high prices have suppressed retail buying.
👉 Industrial silver demand:
Decline in silver is attributed to reduced orders from the solar and electronics industries, though ETF investments are increasing.
What it implies for buyers and investors
Jewellery consumers: The decline offers a chance to purchase in advance of celebrations like Akshaya Tritiya (April 2025).
Investors: Experts recommend caution. “Invest 5-10% of your portfolio in gold as a hedge, but don’t go for bulk purchases until global cues settle down,” says financial planner Priya Kapur.
In the future: Dates to keep an eye on
March 15: The result of the US Federal Reserve meeting may impact gold prices.
April 2025: Akshaya Tritiya and wedding season may fuel demand.
Disclaimer: Prices are subject to change. Always verify with certified jewelers or exchanges before making purchases.
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