KKN Gurugram Desk | As March comes to an end and the arrival of April draws near, many people are contemplating buying gold and silver. If you’re planning to invest in precious metals today, it’s crucial to check the latest market rates before making any decisions. On March 24, 2025, both gold and silver prices have seen a decline, with a fall of ₹210 per 10 grams for gold and ₹100 per kilogram for silver.

In today’s gold and silver market trends, the price of 22-carat gold is ₹82,450 per 10 grams, while the price of 24-carat gold is ₹89,980. The rate of 18-carat gold is ₹67,460 for 10 grams. Meanwhile, the price of silver has climbed close to ₹1,00,900 per kilogram.

Let’s take a closer look at the details of gold and silver prices in various cities across India and understand the key factors affecting the market.

Latest Gold and Silver Rates on March 24, 2025

Gold Price Trends in India

18-Carat Gold Rates:

• Delhi: ₹67,340 for 10 grams

• Kolkata and Mumbai: ₹67,220 for 10 grams

• Indore and Bhopal: ₹67,260 for 10 grams

• Chennai: ₹67,850 for 10 grams

22-Carat Gold Rates:

• Bhopal and Indore: ₹82,200 for 10 grams

• Jaipur, Lucknow, and Delhi: ₹82,300 for 10 grams

• Hyderabad, Kerala, Kolkata, and Mumbai: ₹82,150 for 10 grams

24-Carat Gold Rates:

• Bhopal and Indore: ₹89,670 for 10 grams

• Delhi, Jaipur, Lucknow, and Chandigarh: ₹89,770 for 10 grams

• Hyderabad, Kerala, Bengaluru, and Mumbai: ₹89,620 for 10 grams

• Chennai: ₹89,620 for 10 grams

Silver Prices in India

As of today, the silver prices have also experienced a shift. Below are the latest silver prices in different parts of India:

• Jaipur, Kolkata, Ahmedabad, Lucknow, Mumbai, and Delhi: ₹1,00,900 per kilogram

• Chennai, Madurai, Hyderabad, and Kerala: ₹1,09,900 per kilogram

• Bhopal and Indore: ₹1,00,900 per kilogram

Understanding the Purity of Gold: How to Check If Your Gold Is Pure

When investing in gold, it’s crucial to ensure that the purity of the metal is as advertised. The Indian Standard Organization (ISO) certifies the purity of gold through hallmarks. Let’s break down how to identify pure gold:

• 24-Carat Gold: This is considered 99.9% pure, meaning it contains almost no other metals.

• 22-Carat Gold: This gold is 91% pure, with the remaining 9% consisting of other metals like copper, silver, and zinc.

• 18-Carat Gold: This type of gold contains about 75% pure gold.

Gold jewelry and coins may display the following markings to indicate their purity:

• 24-Carat Gold: Marked with 999 (for 99.9% purity).

• 22-Carat Gold: Marked with 916 (for 91.6% purity).

• 18-Carat Gold: Marked with 750 (for 75% purity).

It’s important to note that 24-carat gold, being the purest form, cannot be made into jewelry easily because it is very soft. For this reason, most jewelers use 18, 20, and 22-carat gold to create jewelry.

What’s Affecting Gold and Silver Prices?

Several factors affect the prices of gold and silver, including:

• Global Market Trends: Fluctuations in the global financial markets, including changes in currency exchange rates and inflation, play a significant role in determining precious metal prices.

• Economic Data: Economic reports from major economies, especially India, can have a substantial effect on the demand for gold and silver.

• Geopolitical Events: Wars, conflicts, and political instability often drive investors toward safe-haven assets like gold and silver, causing their prices to rise.

• Supply and Demand: Any disruptions in the supply chain or increase in demand can cause an upward or downward trend in the prices of these metals.

Gold vs. Silver: Which is a Better Investment in 2025?

Gold and silver have long been considered safe investments, especially during uncertain economic times. However, the decision to invest in one over the other depends on a variety of factors:

• Gold: Generally seen as a more stable investment, especially in times of economic downturn. Gold’s value has been consistent over time, making it a preferred choice for investors seeking stability.

• Silver: While silver is more volatile than gold, it can offer higher returns during periods of economic recovery. The industrial demand for silver, especially in the technology and solar energy sectors, contributes to its price movements.

Should You Buy Gold and Silver on March 24, 2025?

Considering the current market rates, if you are planning to buy gold or silver on March 24, 2025, it’s a favorable time for those looking for affordable options. With gold prices around ₹89,000 for 10 grams and silver approaching ₹1,00,900 per kilogram, the prices have seen a noticeable dip. If you were planning on making an investment in gold or silver, now might be an opportune time before the prices fluctuate again.

However, it’s important to monitor the market closely and take into account any potential price changes over the next few days. Since gold and silver are considered long-term investments, making decisions based on short-term market movements might not always yield the best results.

As the gold and silver rates continue to fluctuate, it’s important to stay informed and check the latest prices before making any purchase. Whether you are buying gold for investment purposes, as a hedge against inflation, or for personal use, knowing the current market trends and understanding the purity of the metals you are purchasing will help you make a more informed decision.

With gold rates hovering around ₹89,000 and silver rates nearing ₹1,00,900 per kilogram on March 24, 2025, it might be a good time to invest, especially if prices continue to trend downward. Always keep in mind the factors influencing the price changes and consult with trusted dealers before making a purchase.