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Gold and Silver Rate Today (March 2, 2025): Check Latest Prices Before Buying

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KKN Gurugram Desk

KKN Gurugram Desk | If you are planning to buy gold or silver ahead of Holi for a wedding, function, or investment, then checking the latest rates is essential. As per today’s gold and silver price trends, gold prices have reached ₹86,000 per 10 grams, and silver is trading above ₹97,000 per kg. The recent fluctuations in the bullion market have influenced these rates. Here’s a detailed look at the latest gold and silver prices in major Indian cities and how you can check the purity of gold before purchasing.

Gold Price Today – March 2, 2025 (Sunday Rates)

Gold prices have surged in the Indian market, reflecting global trends in bullion rates. On March 2, 202522-carat gold is priced at ₹79,550 per 10 grams, while 24-carat gold is trading at ₹86,770 per 10 grams. The 18-carat gold rate is ₹65,090 per 10 grams.

Latest Gold Rates in Major Indian Cities (10 Grams Price)

City 18K Gold Rate (₹) 22K Gold Rate (₹) 24K Gold Rate (₹)
Delhi 65,090 79,550 86,770
Mumbai 64,970 79,400 86,620
Kolkata 64,970 79,400 86,620
Chennai 65,400 79,450 86,620
Bhopal 65,010 79,450 86,670
Indore 65,010 79,450 86,670
Jaipur 65,000 79,550 86,770
Hyderabad 65,000 79,400 86,620
Lucknow 65,000 79,550 86,770
Chandigarh 65,000 79,550 86,770

Gold rates fluctuate daily based on international market trends, demand, and currency exchange rates. Investors and buyers should check the latest gold prices before making any purchase.

Silver Price Today – March 2, 2025

Silver prices have also seen a rise, reaching ₹97,000 per kg in various cities.

Latest Silver Rates in Major Indian Cities

City Silver Rate (₹ per kg)
Delhi 97,000
Mumbai 97,000
Kolkata 97,000
Jaipur 97,000
Ahmedabad 97,000
Lucknow 97,000
Bhopal 96,900
Indore 96,900
Hyderabad 1,05,000
Kerala 1,05,000
Chennai 1,05,000
Madurai 1,05,000

Silver is a preferred choice for investment and jewelry purchases. The price of silver changes based on global demand, supply, and currency fluctuations.

How to Check Gold Purity Before Buying?

Before buying gold, it’s essential to check its purity to ensure you get genuine gold. The Bureau of Indian Standards (BIS) certifies the purity of gold through the Hallmarking System. Here’s how you can check:

Gold Purity Chart (Hallmark Certification)

Gold Type Purity Level Hallmark Stamp
24 Carat 99.9% Pure 999
23 Carat 95.8% Pure 958
22 Carat 91.6% Pure 916
21 Carat 87.5% Pure 875
18 Carat 75.0% Pure 750

How to Verify Gold Authenticity?

  1. Check the Hallmark – A genuine gold ornament will have a BIS Hallmark, indicating its purity.
  2. Verify Purity with Karat Meter – Jewelry stores use a karat meter to check gold purity.
  3. Understand Gold Alloys – 22-carat gold contains 91.6% pure gold mixed with copper, silver, or zinc for durability.
  4. Avoid Non-Hallmarked Jewelry – Always buy hallmarked jewelry from reputed jewelers to ensure authenticity.
  5. Check for the Jeweler’s Identification Mark – Reputed jewelers have their unique identification mark on hallmarked jewelry.

Why Gold and Silver Prices Fluctuate?

Gold and silver prices change due to several factors, including:

  • Global Market Trends – International gold and silver prices affect domestic rates.
  • USD to INR Exchange Rate – Fluctuations in the dollar value impact gold rates in India.
  • Demand and Supply – Higher demand for gold and silver increases their price.
  • Inflation – Rising inflation often leads to an increase in gold rates.
  • Government Policies – Import duties and GST rates affect the final price of gold and silver in India.

Best Time to Buy Gold and Silver?

  • During Festivals and Weddings – Demand for gold rises during Diwali, Akshaya Tritiya, and wedding seasons, making prices fluctuate.
  • On Price Drops – Buyers should monitor gold and silver price trends and purchase when rates decline.
  • Before Inflation Rises – Gold is a hedge against inflation, making it a good investment when inflation is expected to rise.

Gold Investment Options in 2025

If you want to invest in gold without buying physical jewelry, here are some options:

  1. Gold ETFs (Exchange-Traded Funds) – Invest in digital gold without the risk of theft or storage issues.
  2. Sovereign Gold Bonds (SGBs) – Issued by the Indian government, offering interest along with price appreciation.
  3. Digital Gold – Buy gold online through investment platforms like Paytm, Google Pay, or banks.
  4. Gold Coins and Bars – Buy 24K gold coins or bars from reputed jewelers or banks.
  5. Gold Mutual Funds – Mutual funds investing in gold-related assets.

The gold and silver rates on March 2, 2025, indicate a rising trend in bullion prices. Gold has crossed ₹86,000 per 10 grams, while silver is above ₹97,000 per kg.

If you are planning to buy gold jewelry, coins, or silver ornaments, it’s essential to check today’s latest rates. Always ensure to verify the purity before purchasing. With fluctuating prices, keeping an eye on the gold market trends can help make a profitable investment.

Stay Updated on Gold and Silver Prices!

For daily gold price updates, silver rates, and investment tips, keep checking our website. Stay ahead of the market and make informed buying decisions!

This post was published on March 2, 2025 16:34

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KKN Gurugram Desk

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