Gold and Silver Prices Today March 24: Check Latest Rates in Major Cities

Gold and silver prices in India saw a noticeable drop on March 24, continuing the downward trend from the past few days. Weak domestic demand and global market pressure have pushed precious metals lower, making investors watch the market closely.

Gold has taken a significant hit, falling by more than Rs 9,000 per 10 grams recently. Silver has also declined sharply, dropping over Rs 10,500 per kilogram. Analysts link this fall to rising tensions in the Middle East, which have driven oil prices higher and increased inflation concerns. This, in turn, has raised expectations of stricter monetary policies globally.

Despite the recent dip, international markets showed a slight recovery in early trade. Gold prices edged up while silver also recorded modest gains, hinting at some short-term stability.

Gold Prices in Major Cities

Gold rates vary slightly across cities, with southern markets still quoting the highest prices.

• In Mumbai, gold is priced at around Rs 1,39,720 per 10 grams
• Delhi records a slightly lower rate of Rs 1,39,480
• Kolkata stands at Rs 1,39,530
• Chennai leads with Rs 1,40,120
• Hyderabad follows at Rs 1,39,940
• Bengaluru is close behind at Rs 1,39,830

Silver Prices in Major Cities

Silver prices are also moving along similar lines, with minor differences across regions.

• Mumbai: Rs 2,25,530 per kg
• Delhi: Rs 2,25,140 per kg
• Kolkata: Rs 2,25,230 per kg
• Chennai: Rs 2,26,190 per kg
• Hyderabad: Around Rs 2,25,890 per kg
• Bengaluru: Rs 2,25,710 per kg

Overall, the precious metals market is currently influenced by global uncertainties and economic signals. While prices have softened for now, fluctuations are expected to continue. For buyers, this phase could offer an opportunity, but keeping an eye on market trends remains important.


Disclaimer: Gold and silver prices mentioned in this article are indicative and may vary based on market fluctuations, local taxes, and jeweller pricing. Readers are advised to verify rates with local dealers or official sources before making any purchase or investment decisions.