Gold and silver prices in India witnessed a significant rise on March 15, 2025, as global market trends, currency fluctuations, and investor sentiment contributed to the latest price movements. The cost of 24-carat gold in Delhi surged to ₹89,963 per 10 grams, while silver prices increased to ₹1,06,200 per kg.
Gold prices have been fluctuating due to global demand, inflation concerns, and geopolitical factors, making it a crucial asset for investors. Meanwhile, silver, known for its industrial and investment appeal, has also seen an upward trend. The rise in prices reflects the ongoing economic conditions and investor interest in precious metals as a hedge against market volatility.
Gold Prices Continue Upward Trend Across Major Indian Cities
The gold market in India experienced a notable rise in prices across key cities, reflecting changing investor sentiment and external market conditions. Here’s a look at gold rates in major metro cities as of March 15, 2025:
- Delhi: ₹89,963 per 10 grams (up by ₹1,200)
- Mumbai: ₹89,850 per 10 grams (up by ₹1,150)
- Kolkata: ₹89,780 per 10 grams (up by ₹1,120)
- Chennai: ₹89,811 per 10 grams (up by ₹1,200)
- Bangalore: ₹89,805 per 10 grams (up by ₹1,180)
The increase in gold prices aligns with recent global trends, where gold remains a preferred asset for investors amid financial uncertainty and inflationary concerns.
Silver Prices Surge Across Indian Markets
Along with gold, silver prices have also risen sharply, reflecting its growing demand in both investment and industrial sectors. The latest silver rates across major Indian cities are as follows:
- Delhi: ₹1,06,200 per kg (up by ₹2,000)
- Mumbai: ₹1,05,900 per kg (up by ₹1,900)
- Kolkata: ₹1,05,750 per kg (up by ₹1,850)
- Chennai: ₹1,14,800 per kg (up by ₹3,000)
- Bangalore: ₹1,05,200 per kg (up by ₹2,000)
The steady rise in silver prices can be attributed to increased industrial demand, global supply chain concerns, and ongoing fluctuations in the US dollar value.
Gold and Silver Prices in Southern India: Chennai, Hyderabad, and More
The southern markets, particularly Chennai, Hyderabad, and Bangalore, have recorded substantial changes in gold and silver prices:
Gold Prices in South India
- Chennai: ₹89,811 per 10 grams
- Hyderabad: ₹89,819 per 10 grams
- Bangalore: ₹89,805 per 10 grams
- Visakhapatnam: ₹89,827 per 10 grams
- Vijayawada: ₹89,825 per 10 grams
Silver Prices in South India
- Chennai: ₹1,14,800 per kg
- Hyderabad: ₹1,15,400 per kg
- Bangalore: ₹1,05,200 per kg
- Visakhapatnam: ₹1,13,800 per kg
- Vijayawada: ₹1,16,200 per kg
These fluctuations highlight the importance of local demand and supply factors in determining the price movements of precious metals in India.
Gold and Silver Prices in Northern India: Delhi, Jaipur, Chandigarh, and More
Gold and silver prices have shown consistent growth in northern markets, including Delhi, Jaipur, and Lucknow:
Gold Prices in North India
- Delhi: ₹89,963 per 10 grams
- Jaipur: ₹89,956 per 10 grams
- Lucknow: ₹89,979 per 10 grams
- Chandigarh: ₹89,972 per 10 grams
- Amritsar: ₹89,990 per 10 grams
Silver Prices in North India
- Delhi: ₹1,06,200 per kg
- Jaipur: ₹1,06,600 per kg
- Lucknow: ₹1,07,100 per kg
- Chandigarh: ₹1,05,600 per kg
- Patna: ₹1,06,300 per kg
Investors and jewelry buyers in northern India are closely watching the gold and silver market trends as price volatility remains a key factor.
Factors Influencing Gold and Silver Prices in India
The price fluctuations in gold and silver are influenced by several domestic and international factors:
- Global Economic Trends: Investors turn to gold and silver as safe-haven assets during periods of economic instability.
- US Dollar Exchange Rate: A weaker dollar makes gold and silver more attractive, leading to increased demand and higher prices.
- Inflation and Interest Rates: Higher inflation boosts gold demand, while rising interest rates can reduce its appeal.
- Central Bank Policies: Reserve banks’ decisions on gold reserves and monetary policies affect market demand.
- Geopolitical Uncertainty: Political and economic crises tend to drive gold prices higher as investors seek stability.
- Industrial Demand for Silver: Silver’s wide usage in electronics and solar panels contributes to its market fluctuations.
Investor Sentiment and Future Trends in Precious Metals
The rise in gold and silver prices indicates a shift in investor strategy towards risk-averse assets. With stock market volatility, many investors prefer precious metals as a long-term investment.
Market analysts predict gold and silver prices may continue to rise if inflation concerns persist and global demand remains strong. Additionally, India’s wedding and festive season contributes to the upward momentum, as demand for gold jewelry traditionally surges during this time.
Gold and Silver: The Preferred Investment Amid Market Uncertainty
As global markets experience fluctuations, the preference for gold and silver as investment assets remains high. With continued inflationary pressures and geopolitical risks, these metals are expected to maintain strong demand in the coming months.
Investors looking to capitalize on the rising gold and silver prices should stay updated with market trends and seek expert advice before making investment decisions.
