Gold Price Today: Gold prices are on an incredible rise this March, reaching a new all-time high in the bullion market. On March 20, the price of 24-carat gold jumped to Rs 88,761 per 10 grams (excluding GST), breaking the previous day's record of Rs 88,649. In contrast, silver experienced a minor dip, dropping from its peak of Rs 1,00,400 per kg to Rs 99,613.
Gold and Silver Prices Today (Without GST)
According to the India Bullion and Jewellers Association (IBJA), the rate of gold for different purity levels are:
- 24-carat gold: Rs 88,761 per 10 grams
- 23-carat gold: Rs 88,406 per 10 grams
- 22-carat gold: Rs 81,305 per 10 grams
- 18-carat gold: Rs 66,571 per 10 grams
- 14-carat gold: Rs 51,925 per 10 grams
These are the GST-free prices, when you add 3% GST, the retail price of 24-carat gold climbs to Rs 91,423 per 10 grams.
Gold Rate In March: Soaring High
Gold has seen a significant increase of Rs 3,705 per 10 grams since the start of March, while silver has also soared high, climbing Rs 6,488 per kg. Since the beginning of the year 2025, gold has jumped by Rs 13,021, and silver has gone up by Rs 13,951.
Gold All-Time Highs In March 2025
- March 19 – Rs 88,680 per 10 grams
- March 18 – Rs 88,354 per 10 grams
- March 17 – Rs 88,101 per 10 grams
- March 13 – Rs 86,843 per 10 grams
Silver also reached a record high of Rs 1,00,400 per kg on March 19 before experiencing a slight decline today.
Why Gold Price Is Rising?
The global economic uncertainty, concern around traffic war after the US president threatened reciprocal tariff, robust purchases by central banks, and a weakening dollar. In these times of geopolitical tensions and concerns over tariff wars, particularly under the leadership of former President Donald Trump, investors are increasingly turning to gold as a reliable safe-haven asset.