Gold and Silver Prices Today, March 18, 2025: Latest Rates and Market Trends in India
Gold and silver prices in India witnessed a slight dip on Tuesday, March 18, 2025, as global market trends and investor sentiment played a role in determining the rates of these precious metals. The price of 24-carat gold in India fell to ₹8,972.3 per gram, marking a decrease of ₹110, while 22-carat gold was priced at ₹8,226.3 per gram after a drop of ₹100.
The weekly fluctuation in 24-carat gold prices stood at -2.44%, whereas the monthly change reflected a decline of -4.02%. Meanwhile, silver prices also saw a slight decrease, currently standing at ₹1,05,900 per kg, down by ₹100 per kg.
Let’s take a detailed look at gold and silver rates in key cities across South India and explore the factors influencing these price movements.
Gold Rates in South Indian Cities (March 18, 2025)
The table below presents the latest gold rates in the top 5 South Indian cities:
| City | Gold Rate Today (₹/10g) | Gold Rate Yesterday (₹/10g) | Gold Rate Last Week (₹/10g) |
|---|---|---|---|
| Chennai | ₹89,571 | ₹89,691 | ₹87,501 |
| Bangalore | ₹89,565 | ₹89,685 | ₹87,495 |
| Hyderabad | ₹89,579 | ₹89,699 | ₹87,509 |
| Visakhapatnam | ₹89,587 | ₹89,707 | ₹87,517 |
| Vijayawada | ₹89,585 | ₹89,705 | ₹87,515 |
Silver Prices in South Indian Cities (March 18, 2025)
Similarly, here are the silver prices in the top 5 South Indian cities:
| City | Silver Price Today (₹/kg) | Silver Price Yesterday (₹/kg) | Silver Price Last Week (₹/kg) |
|---|---|---|---|
| Chennai | ₹1,14,500 | ₹1,14,700 | ₹1,09,600 |
| Bangalore | ₹1,04,900 | ₹1,05,100 | ₹1,00,000 |
| Hyderabad | ₹1,15,100 | ₹1,15,300 | ₹1,10,200 |
| Visakhapatnam | ₹1,13,500 | ₹1,13,700 | ₹1,08,600 |
| Vijayawada | ₹1,15,900 | ₹1,16,100 | ₹1,11,000 |
Factors Influencing Gold and Silver Prices
The prices of gold and silver fluctuate due to several key factors:
- Global Demand: The demand for gold and silver across the world significantly impacts their prices. Increased buying by central banks or investors can drive prices up.
- Currency Fluctuations: The value of the Indian rupee against the US dollar plays a crucial role in determining gold prices, as gold is internationally traded in dollars.
- Interest Rates: When interest rates rise, gold and silver become less attractive as investment options, leading to price declines.
- Government Policies: Policies related to gold imports, duties, and taxation impact prices in India.
- Geopolitical and Economic Factors: Global events such as economic slowdowns, political tensions, or inflation can influence gold and silver demand.
Frequently Asked Questions (FAQs)
Q1: What is the current price of 24-carat gold in India on March 18, 2025?
A: The price of 24-carat gold in India today is ₹8,972.3 per gram.
Q2: How much has the gold rate changed over the past week?
A: Over the last week, 24-carat gold prices have declined by -2.44%.
Q3: What is the silver price today in Chennai?
A: The silver price in Chennai today is ₹1,14,500 per kg.
Q4: Why are gold prices falling today?
A: Gold prices are declining due to factors like rising interest rates, global economic conditions, and currency fluctuations.
Q5: How do geopolitical events affect gold and silver prices?
A: Political tensions, wars, or economic crises increase demand for gold and silver as safe-haven investments, often leading to price surges.
Q6: Where can I check real-time gold and silver prices?
A: You can check real-time gold and silver prices on financial news websites, banks, and jewelry store portals.
Conclusion
Gold and silver prices have seen a slight drop today, influenced by market dynamics and global economic trends. Investors and buyers should stay updated with the latest rates before making purchasing decisions. As the financial landscape continues to evolve, keeping an eye on these factors will help in making informed investments in precious metals.
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Disclaimer: This blog post is for informational purposes only and should not be considered financial advice. Investors should conduct thorough research and consult with a qualified financial advisor before making any investment decisions.