
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:
City | 22-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.