Today, on Saturday, March 8, gold has become cheaper. Gold prices are steadily declining on the day of International Women’s Day and before Holi. The price of gold has declined by Rs 300. In big cities of the country, 24 carat gold prices are trading around Rs 87,150 and 22 carat gold above Rs 79,800. The price of one kilogram of silver is at a level of Rs 99,200. Today, see the price of gold and silver of March 7.
Why did gold prices fall?
The main reason for the fall in gold prices is a possible change in investors’ vigilance and global economic policies. In particular, American tax policies and major economic figures, such as possible changes in employment rates and unemployment rates, are causing instability in the market. Due to this, the perception of investors is getting weaker, due to which the demand for gold is decreasing and prices are falling.
Gold price in Delhi-Mumbai
The price of 22 carat gold in Delhi was Rs 80,040 per 10 grams. The price of 24 carat gold in Delhi is Rs 87,300 per 10 grams. The price of 22 carat gold in Mumbai is trading at Rs 79,890 and 24 carat gold at Rs 87,150 per 10 grams. Know here on 8 March 2025, the price of gold in 4 big cities of the country.
City name 22 carat gold prices 24 carat gold at Delhi 80,040 87,300 Chennai 79,890 87,150 Mumbai 79,890 87,150 Kolkata 79,890 87,150
Silver rate
On 8 March 2025, the silver rate was Rs 99,200 per kg. Today, the price of silver has increased by about 100 rupees as compared to yesterday. The price of silver yesterday was Rs 99,100.
How is the price of gold determined?
The price of gold in India varies due to many reasons, such as international market prices, government tax and rupee fluctuations. Gold is not only a means of investment, but is also an important part of our traditions and festivals. Especially during weddings and festivals its demand increases.
