Mumbai: Gold and silver prices in India remained volatile on March 26, 2025, reflecting global market trends, investor sentiment, and currency fluctuations. While gold prices registered slight gains after a recent dip, silver continued its upward trajectory due to strong industrial demand. Investors and traders closely monitored global cues, including US interest rate expectations and economic policies, to gauge future price movements.
Also Read: Gold Rates Today – March 24, 2025: Prices Surge Amid Global Uncertainty
Gold Prices Across Major Indian Cities (March 26, 2025)
Gold prices experienced moderate gains across key Indian markets. Below are the updated rates:
| City | 22K Gold (₹ per 10g) | 24K Gold (₹ per 10g) |
|---|---|---|
| Delhi | ₹82,100 | ₹89,550 |
| Mumbai | ₹81,950 | ₹89,400 |
| Chennai | ₹81,950 | ₹89,400 |
| Kolkata | ₹81,950 | ₹89,400 |
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In Delhi, 24K gold was priced at ₹89,550 per 10 grams, up by ₹100 from the previous day.
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The Mumbai market witnessed similar price movements, with 24K gold at ₹89,400 per 10 grams.
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Chennai, a key consumer market, also saw stable pricing at ₹89,400 per 10 grams for 24K gold.
Gold prices remained steady due to investor interest and upcoming wedding season demand, with minor fluctuations in some cities.
Silver Prices Across Major Indian Cities (March 26, 2025)
Silver prices surged due to industrial demand and market optimism. Below are the latest silver rates:
| City | Silver Price (₹ per kg) |
|---|---|
| Delhi | ₹1,02,000 |
| Mumbai | ₹1,02,000 |
| Chennai | ₹1,11,000 |
| Kolkata | ₹1,02,000 |
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Silver prices in Delhi and Mumbai stood at ₹1,02,000 per kg, reflecting an increase of ₹1,000.
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Chennai recorded a higher silver price of ₹1,11,000 per kg, driven by increased industrial demand.
Silver prices showed a positive trend as the metal remained in high demand in the electronics, solar, and jewelry sectors.
Key Factors Influencing Gold and Silver Prices
Several factors contributed to the price movement of gold and silver:
1. Global Economic Trends
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The gold market remained sensitive to US Federal Reserve policies, with expectations of a possible rate cut boosting investor confidence.
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Rising geopolitical tensions increased demand for gold as a safe-haven asset.
2. Strength of the US Dollar and Inflation Trends
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A slight decline in the US dollar index made gold more attractive to international investors.
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Inflationary pressures continued to support gold prices as investors sought hedges against economic uncertainty.
3. Local Demand and Investor Sentiment
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Gold demand remained strong in India due to the ongoing wedding season and festival-related purchases.
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Silver demand was fueled by its increasing industrial applications, particularly in renewable energy and electronics.
4. Industrial Demand for Silver
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Silver, essential in green energy technology, witnessed a rise in demand from solar panel manufacturers.
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Limited supply and high industrial consumption contributed to the price surge.
Gold and Silver Price Trends Over the Past Month
The gold and silver markets have shown fluctuations over the past month, influenced by domestic and international developments.
Gold Price Trends (Past 30 Days)
| Date | 24K Gold Price (₹ per 10g) |
|---|---|
| March 1, 2025 | ₹88,700 |
| March 10, 2025 | ₹89,200 |
| March 20, 2025 | ₹89,100 |
| March 26, 2025 | ₹89,550 |
Gold prices increased steadily, with minor fluctuations, as investors reacted to central bank policies and inflation data.
Silver Price Trends (Past 30 Days)
| Date | Silver Price (₹ per kg) |
|---|---|
| March 1, 2025 | ₹99,000 |
| March 10, 2025 | ₹1,00,200 |
| March 20, 2025 | ₹1,01,500 |
| March 26, 2025 | ₹1,02,000 |
Silver prices maintained an upward trend, reflecting strong industrial demand.
Expert Insights: What to Expect Next?
Market analysts predict that gold and silver prices will remain bullish due to multiple factors:
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Global Market Trends: Uncertainty in global markets is likely to support gold prices.
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Demand-Supply Balance: A steady rise in silver demand may keep its prices elevated in the coming weeks.
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Interest Rate Decisions: Any change in interest rates by the US Federal Reserve will directly impact metal prices.
Experts advise investors to monitor international trends and domestic demand before making investment decisions.
For real-time updates on gold and silver prices, visit the official website of the National Stock Exchange (NSE).
