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Gold prices in India fell after hitting all-time highs. On Sunday morning, the yellow metal was trading at Rs 79,400 per 10 grams for 22-carat and Rs 86,620 per 10 grams for 24-carat in Mumbai.
In futures trade on the Multi Commodity Exchange (MCX), gold contracts for April delivery declined Rs 554 to Rs 85,320 per 10 grams.
Gold Rate Today in India: Gold prices remained steady on Sunday days after hitting all-time highs. On Sunday morning, the yellow metal was trading at Rs 79,400 per 10 grams for 22-carat and Rs 86,620 per 10 grams for 24-carat in Mumbai.
Silver price, on the other hand, also remained unchanged on Sunday morning.
Known for its unmatched purity, 24-carat gold continues to attract buyers seeking premium quality. Meanwhile, 22-carat gold, prized for its durability and timeless charm, remains a favourite among jewellery enthusiasts and investors alike, striking a balance between elegance and practicality.
Here’s a detailed breakdown of gold prices across key cities (March 2, 2025):
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | Rs 79,550 | Rs 86,770 |
| Jaipur | Rs 79,550 | Rs 86,770 |
| Ahmedabad | Rs 79,450 | Rs 86,670 |
| Patna | Rs 79,450 | Rs 86,670 |
| Mumbai | Rs 79,400 | Rs 86,620 |
| Hyderabad | Rs 79,400 | Rs 86,620 |
| Chennai | Rs 79,400 | Rs 86,620 |
| Kolkata | Rs 79,400 | Rs 86,620 |
Silver Price Today In India (March 2, 2025)
On the other hand, silver prices witnessed steady movement to trade at Rs 97,00 per kg in the spot market across major Indian cities.
What Factors Affect Gold Prices In India?
International market rates, import duties, taxes, and fluctuations in exchange rates primarily influence gold prices in India. Together, these factors determine the daily gold rates across the country.
In India, gold is deeply cultural and financial. It is a preferred investment option and is key to celebrations, particularly weddings and festivals.
With constantly changing market conditions, investors and traders monitor fluctuations closely. Staying updated is crucial for effectively navigating dynamic trends.