Gold and Silver Rate Today, 3 March: Check the Latest Prices of 24K and 22K Across Major Indian Cities

Gold prices have surged once again as the festive season approaches, adding to the buying pressure in the domestic bullion market. On Tuesday, the second trading day of the week, gold rates recorded a strong jump across most major cities in India. The rise has made jewellery purchases and fresh investments slightly more expensive for buyers.

The price of 22 carat gold increased by about ₹1,000 per 10 grams in several cities, while 24 carat gold witnessed a rise ranging between ₹1,050 and ₹1,150 per 10 grams. With prices moving upward steadily, many buyers are now rethinking the timing of their purchases.

If you are planning to invest in gold coins, bars, or jewellery, here is a detailed look at the latest city wise rates.

New Delhi
In the national capital, gold prices have climbed noticeably. The rate of 22 carat gold has increased by ₹1,000 and is now ₹1,56,650 per 10 grams. Meanwhile, 24 carat gold has jumped by ₹1,050 and is currently priced at ₹1,64,480 per 10 grams. The steady rise reflects strong festive demand as well as global market cues.

Mumbai
India’s financial capital is also witnessing higher bullion prices. The rate of 22 carat gold now stands at ₹1,56,150 per 10 grams after a ₹1,000 increase. The 24 carat gold rate has risen by ₹1,050 to reach ₹1,63,690 per 10 grams. Gold demand in Mumbai remains active, especially ahead of wedding and festive purchases.

Kolkata
In Kolkata, gold prices have moved up in line with the national trend. The 22 carat gold rate has touched ₹1,57,150 per 10 grams after a ₹1,000 rise. The price of 24 carat gold has increased by ₹1,050 and is now ₹1,65,010 per 10 grams. Buyers are closely tracking daily movements before making large purchases.

Hyderabad
Hyderabad recorded one of the sharper increases today. The price of 22 carat gold has risen by ₹1,100, bringing it to ₹1,56,600 per 10 grams. The 24 carat gold rate has climbed by ₹1,150 and is now ₹1,64,430 per 10 grams. The city traditionally sees strong gold buying interest during festive periods.

Chennai
Gold rates in Chennai have also increased significantly. The price of 22 carat gold is currently ₹1,56,600 per 10 grams after a ₹1,100 rise. The 24 carat gold rate stands at ₹1,64,430 per 10 grams. Chennai remains one of the largest gold consuming markets in the country.

Bengaluru
In Bengaluru, the rate of 22 carat gold has climbed by ₹1,000 to ₹1,56,750 per 10 grams. The 24 carat gold price has gone up by ₹1,050 and is now ₹1,64,590 per 10 grams. Investors and retail buyers alike are keeping a close watch on further price movements.

What This Means for Buyers

The consistent upward movement in gold prices suggests strong demand and firm global trends. Festive buying, wedding season demand, and international market factors often influence these daily fluctuations.

For investors, gold continues to remain a trusted hedge against inflation and market volatility. For jewellery buyers, tracking daily price updates can help in planning purchases more wisely. As prices remain volatile, staying informed is the key to making smarter financial decisions.

Silver Rate Today: 999 Purity Prices Drop by ₹5,000 Across Major Indian Cities

While gold prices are moving upward, silver has brought a welcome surprise for buyers. The price of 999 purity silver has fallen by ₹5,000 per kilogram across several major cities in India, offering some relief to consumers ahead of Holi.

If you have been planning to buy silver coins, jewellery, or utensils for festive gifting or investment, this dip could be the right opportunity. Here is a clear look at the latest city wise silver rates.

New Delhi
In the national capital, the price of 999 purity silver has dropped by ₹5,000 and is now ₹3,15,000 per kilogram. Just a day earlier, silver was trading at ₹3,20,000 per kilogram.

Mumbai
In Mumbai, silver rates have also declined by ₹5,000. The current price stands at ₹3,15,000 per kilogram, compared to ₹3,20,000 per kilogram recorded previously.

Chennai
Silver buyers in Chennai are seeing similar relief. The rate of 999 purity silver has fallen by ₹5,000 and is now ₹3,15,000 per kilogram. The previous day, the metal was priced at ₹3,20,000 per kilogram.

Bengaluru
In Bengaluru, silver prices have slipped by ₹5,000 to reach ₹3,15,000 per kilogram. Earlier, it was trading at ₹3,20,000 per kilogram.

Hyderabad
Hyderabad has also recorded a ₹5,000 drop in silver rates. The metal is now available at ₹3,15,000 per kilogram, down from ₹3,20,000 per kilogram.

What This Means for Buyers

The drop in silver prices offers a timely opportunity for festive shoppers and investors. Silver is often purchased during celebrations, weddings, and special occasions, and even a small price change can make a noticeable difference when buying in bulk.

If you were waiting for a dip, this could be a good time to consider your purchase. As always, keeping track of daily market movements can help you make a smarter and more cost effective decision.


Disclaimer: Gold and silver prices mentioned in this article are based on market updates at the time of publishing. Rates may vary depending on city, jeweller margins, taxes and market fluctuations. Readers are advised to verify the latest prices with their local jeweller or authorized dealer before making any purchase or investment decision.