- By Aditya Pratap Singh
- Mon, 24 Mar 2025 01:17 PM (IST)
- Source:JND
Gold Price Today: Monday, March 24, saw a drop in gold prices, which had recently peaked. Gold has lost about Rs 900 since last Friday. 24-carat gold is selling for more than Rs 89,900 per 10 grams in major cities throughout the nation, while 22-carat gold is selling for more than Rs 82,400 per 10 grams. After a precipitous decline of Rs 4,000, the price of one kilogram of silver has now dropped to Rs 1,00,900.
Gold Rate Today IN Hyderabad, Delhi, Mumbai, Lucknow, Patna And Other Cities
| City Name | 22 Karats Gold Price | 24 Karats Gold Price |
| Delhi | Rs 82,300 | Rs 89,770 |
| Mumbai | Rs 82,150 | Rs 89,620 |
Ahmedabad | Rs 82,200 | Rs 89,670 |
| Bangalore | Rs 82,150 | Rs 89,620 |
| Chennai | Rs 82,150 | Rs 89,620 |
| Chandigarh | Rs 82,300 | Rs 89,770 |
| Hyderabad | Rs 82,150 | Rs 89,620 |
Jaipur | Rs 82,300 | Rs 89,770 |
| Kolkata | Rs 82,150 | Rs 89,620 |
| Lucknow | Rs 82,300 | Rs 89,770 |
| Patna | Rs 82,200 | Rs 89,670 |
| Gurugram | Rs 82,300 | Rs 89,770 |
Why Have Gold Prices Dropped?
A stronger US dollar, investor profit booking, and weakness in international markets are the main causes of the decline in gold prices. Gold prices typically experience pressure when the dollar strengthens because investors find the yellow metal less appealing. Market sentiment has also been impacted by remarks made by US Federal Reserve Chairman Jerome Powell about the country's rising inflation rate.
How Do Indian Gold Prices Get Set?
Government taxes, global market trends, and the value of the Indian rupee all affect gold prices in India. In addition to being a popular investment choice, gold has cultural and traditional significance, particularly during festivals and weddings when demand usually increases.