KKN Gurugram Desk | The price of gold and silver has seen a significant rise in the Indian market on Monday. 24-carat gold, which was previously trading at ₹85,056 per 10 grams, has now increased to ₹85,320 per 10 grams. This upward movement in gold prices reflects the ongoing global economic trends and fluctuations in demand and supply.
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At the same time, silver prices have also witnessed a surge, aligning with the recent trends in the precious metals market. The increasing investment in safe-haven assets like gold and silver has driven their prices higher, making it crucial for investors and buyers to stay updated on daily price changes.
Gold Prices Surge: Key Highlights
📌 24-carat gold price increased to ₹85,320 per 10 grams.
📌 Gold prices have been rising steadily due to global demand.
📌 Silver prices also saw an upward trend in the market.
📌 Gold is considered a safe-haven asset amid economic uncertainties.
The continuous price fluctuations in gold and silver make it essential for investors and consumers to track the market carefully before making buying or selling decisions.
Gold Price Movement: What’s Driving the Increase?
Gold prices have seen a steady upward movement, influenced by various global and domestic factors.
1. Rising Global Demand for Gold
Gold is a safe-haven investment during economic uncertainties. The rising demand from central banks and retail investors has contributed to higher gold prices.
2. Inflation and Economic Slowdown
Higher inflation rates and fears of an economic downturn have led investors to move their funds into gold. When inflation rises, gold prices also tend to increase as it acts as a hedge against economic instability.
3. Fluctuations in the US Dollar and Interest Rates
📌 Gold and the US dollar share an inverse relationship.
📌 When the US dollar weakens, gold prices increase globally.
📌 Central banks adjusting interest rates also influence gold prices.
4. Stock Market Volatility
Many investors turn to gold and silver when stock markets are unstable. Recent volatility in global equity markets has increased interest in precious metals, driving prices upward.
Current Gold Rates in Major Indian Cities
The price of gold differs from city to city due to factors like taxes, transportation costs, and local demand.
| City | 24-Carat Gold Price (₹ per 10 grams) | 22-Carat Gold Price (₹ per 10 grams) |
|---|---|---|
| Delhi | ₹85,320 | ₹78,250 |
| Mumbai | ₹85,280 | ₹78,200 |
| Kolkata | ₹85,300 | ₹78,220 |
| Chennai | ₹85,350 | ₹78,270 |
| Bangalore | ₹85,290 | ₹78,210 |
📌 Prices may vary based on local jeweler pricing and making charges.
Silver Price Movement: How is Silver Performing?
Silver, often referred to as “poor man’s gold”, has also seen a rise in its price. The growing demand from industrial and investment sectors has pushed silver prices up.
Current Silver Rates in India (March 4, 2025):
📌 Silver price per kilogram: ₹98,700 (up from ₹97,850)
📌 Industrial demand for silver is increasing, impacting prices.
📌 Silver remains a popular investment choice alongside gold.
Silver is widely used in electronics, solar panels, and medical equipment, making it an essential industrial metal. The rising demand for renewable energy sources has also boosted silver consumption.
Gold vs. Silver: Which is a Better Investment Right Now?
Gold Investment Benefits:
✔ Safe-haven asset during market uncertainties
✔ Long-term price stability
✔ Preferred choice for central banks and large investors
Silver Investment Benefits:
✔ Lower investment cost compared to gold
✔ Higher industrial demand growth
✔ More volatile, offering quick trading opportunities
For long-term security, gold is a better investment, while silver offers short-term trading advantages due to its market fluctuations.
Should You Buy Gold Now or Wait?
Investors and buyers must analyze the gold and silver price trends before making a purchase. Here are a few key considerations:
📌 If global inflation continues to rise, gold prices may see further growth.
📌 Interest rate hikes by central banks may slow down gold’s upward trend.
📌 Festive and wedding season demand can impact local gold rates in India.
If you are planning to invest in gold, it is advisable to buy in small quantities and monitor price movements before making bulk purchases.
Gold Investment Options in India
There are multiple ways to invest in gold in India:
1. Physical Gold
✔ Gold coins, bars, and jewelry
✔ High liquidity, but includes making charges
2. Gold ETFs (Exchange-Traded Funds)
✔ Investing in gold without holding physical assets
✔ Safer and lower transaction costs
3. Sovereign Gold Bonds (SGBs)
✔ Issued by the Reserve Bank of India (RBI)
✔ Fixed interest and no making charges
4. Digital Gold
✔ Buy gold online through mobile apps
✔ Stored securely by banks or gold companies
Investors should choose their gold investment method based on their financial goals and market knowledge.
📌 Gold prices have increased to ₹85,320 per 10 grams.
📌 Silver prices have also seen an upward trend.
📌 Global inflation and stock market volatility are influencing precious metal prices.
📌 Investors should analyze market trends before making gold or silver purchases.
Gold remains a preferred investment choice for long-term wealth preservation, while silver offers opportunities for short-term trading profits. Staying updated with daily gold and silver price changes is crucial for making informed investment decisions.
Whether you are buying for investment or personal use, tracking market fluctuations will help you make a profitable purchase.
With market fluctuations impacting gold and silver prices daily, keeping track of updates is essential for investors, traders, and buyers. Stay connected with financial news and expert analysis to make well-informed investment decisions.
For more updates on gold and silver price movements, investment strategies, and market trends, keep following us!
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