img

Gold Prices in India Drop Slightly on March 7, 2025 – Check Rates in Your City

New Delhi: Gold prices in India saw a slight dip on Friday, March 7, with 22-karat gold falling by ₹300 per 10 grams and 24-karat gold dropping by ₹330 per 10 grams.

Currently, the prices stand at:
22K Gold – ₹79,900 per 10 grams (₹7,990 per gram)
24K Gold – ₹87,160 per 10 grams (₹8,716 per gram)
18K Gold – ₹6,538 per gram

Gold rates fluctuate due to several factors, including global demand, currency exchange rates (especially USD-INR), interest rates, government policies, and international events.

Gold Rates in Major Indian Cities (March 7, 2025)

Check the latest gold prices in your city:

City22-Karat Gold (per gram)24-Karat Gold (per gram)
Delhi₹8,005₹8,731
Noida₹8,005₹8,731
Chennai₹7,990₹8,716
Bangalore₹7,990₹8,716
Mumbai₹7,990₹8,716
Hyderabad₹7,990₹8,716
Kolkata₹7,990₹8,716
Ahmedabad₹7,995₹8,721
Patna₹7,995₹8,721

Why Do Gold Prices Change?

Gold prices are highly volatile and influenced by multiple factors:

Global Economic Trends: Inflation, recession fears, and demand for safe-haven assets impact prices.
USD-INR Exchange Rate: A weaker rupee makes gold more expensive for Indian buyers.
Interest Rates: Higher interest rates make gold less attractive, causing prices to drop.
Government Policies: Import duties, taxes, and regulations affect domestic gold rates.
Market Demand & Supply: Jewelry demand, central bank purchases, and investment trends also play a role.

Planning to Buy Gold? Here’s What to Consider

Compare prices across cities and jewelers before making a purchase.
Check the BIS Hallmark to ensure purity.
Monitor global trends to buy during price dips.
Consider long-term investment goals if purchasing gold for savings.