KKN  Gurugram Desk | Gold and silver prices saw a marginal decline on March 1, 2025, in major Indian cities. The price of 24-carat gold in India stood at ₹8,700.3 per gram, reflecting a drop of ₹540 per 10 grams. Similarly, 22-carat gold was priced at ₹7,976.3 per gram, marking a decline of ₹500 per 10 grams.

In the silver market, 1 kg of silver was available at ₹100,000, showing a ₹1,000 decrease from the previous day. The market has been witnessing price fluctuations due to global trends, currency value changes, and economic conditions.

Gold Prices in Major Indian Cities (March 1, 2025)

Here’s a look at gold rates in major Indian cities for today:

Gold prices have shown a downward trend over the past week and month, with a weekly decline of 0.05% and a monthly dip of 5.43%.

Silver Prices Across Major Cities (March 1, 2025)

Silver prices also declined slightly today, reflecting market fluctuations and global demand shifts.

Gold Rate Trends Over the Past Week

The gold market has been fluctuating due to multiple factors, including global economic conditions and currency value shifts. Here’s how gold prices have changed over the past week in southern Indian cities:

This decline in gold prices suggests that market investors are closely monitoring the trends, while jewelers may see increased buying activity in the coming days.

Silver Price Trends Over the Past Week

The silver market has also shown price variations in major cities.

Factors Affecting Gold and Silver Prices

Gold and silver rates are influenced by multiple domestic and international factors. Here are the key aspects affecting prices:

1. Global Demand and Supply

• The demand for gold and silver in international markets directly impacts their prices.
• Increased demand from central banks or global investors can drive prices higher.

2. Currency Fluctuations

• The US dollar’s strength against the Indian rupee influences gold and silver prices.
• A weaker rupee leads to higher gold prices, while a stronger rupee may reduce prices.

3. Interest Rates and Inflation

• Higher interest rates reduce gold’s appeal as it does not generate income like bonds or savings.
• Inflation often boosts gold demand as investors see it as a safe-haven asset.

4. Government Policies and Regulations

• Changes in import duties, GST, and other taxation policies impact gold and silver prices in India.
• Restrictions on gold imports or changes in RBI policies can affect prices.

5. Economic and Political Factors

• Economic instability, geopolitical tensions, and stock market trends impact the price of precious metals.
• Events such as global recessions, trade wars, or conflicts increase demand for gold and silver.

Should You Invest in Gold and Silver Now?

With gold and silver prices fluctuating, investors are wondering whether this is a good time to invest.

✔ If you are a long-term investor, gold remains a safe bet against inflation and economic uncertainty.
✔ Silver prices are more volatile but offer opportunities for short-term traders.
✔ Jewelers and retail buyers can take advantage of the recent price dip for making purchases.

???? Gold prices have dropped slightly across major Indian cities, with 24K gold at ₹8,700.3 per gram.
???? Silver prices have also declined, with 1 kg of silver now at ₹100,000 in Delhi.
???? South Indian cities, including Chennai, Bangalore, and Hyderabad, have also witnessed a price drop.
???? Global economic conditions, currency fluctuations, and demand patterns continue to impact gold and silver rates.

For the latest gold and silver price updates, investment insights, and market trends, stay tuned to KKNLive.com!