KKN Gurugram Desk | After the festivities of Holi, if you are considering purchasing gold or silver, it is crucial to stay updated with the latest price trends. As of March 15, 2025, the prices of both gold and silver have seen a slight increase, and are now reaching new milestones. Gold has surpassed ₹88,000 per 10 grams, while silver has crossed the ₹1 lakh mark per kilogram. These price shifts are important for potential buyers to understand the current market dynamics.
Latest Gold and Silver Rates for March 15, 2025
Today, on March 15, the prices of gold and silver have experienced a noticeable rise. As of now, 22-carat gold is priced at ₹82,460 per 10 grams, while 24-carat gold stands at ₹89,940 per 10 grams. Additionally, the price of 18-carat gold is ₹67,470 for 10 grams. Meanwhile, silver has reached ₹1,03,100 per kilogram. These updated figures indicate a sharp upward trend in both precious metals, reflecting the ongoing demand in the market.
Gold Price Breakdown Across Major Cities
Let’s take a look at the prices of gold across major Indian cities:
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18-Carat Gold Rates
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In Delhi: ₹67,470 per 10 grams
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In Kolkata and Mumbai: ₹67,350 per 10 grams
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In Indore and Bhopal: ₹67,390 per 10 grams
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In Chennai: ₹67,860 per 10 grams
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22-Carat Gold Rates
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In Bhopal and Indore: ₹82,360 per 10 grams
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In Jaipur, Lucknow, and Delhi: ₹82,460 per 10 grams
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In Hyderabad, Kerala, Kolkata, and Mumbai: ₹82,310 per 10 grams
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24-Carat Gold Rates
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In Bhopal and Indore: ₹89,840 per 10 grams
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In Delhi, Jaipur, Lucknow, and Chandigarh: ₹89,940 per 10 grams
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In Hyderabad, Kerala, Bengaluru, and Mumbai: ₹89,790 per 10 grams
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In Chennai: ₹89,790 per 10 grams
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Silver Price Trends in Major Cities
Now let’s look at the current silver prices across key cities:
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Silver Prices Today:
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In Jaipur, Kolkata, Ahmedabad, Lucknow, Mumbai, and Delhi: ₹1,03,100 per kilogram
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In Chennai, Madurai, Hyderabad, and Kerala: ₹1,10,100 per kilogram
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In Bhopal and Indore: ₹1,03,100 per kilogram
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These trends show that silver has been consistently maintaining a high price across the country, with slight variations depending on the city.
How to Check the Purity of Gold: A Step-by-Step Guide
If you’re planning to buy gold, understanding its purity is essential. The Indian government, through the Indian Standard Organization (ISO), provides a hallmark system to identify the purity of gold. Here’s how you can check if the gold you are purchasing is pure:
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24-Carat Gold: 24-carat gold is 99.9% pure. When buying 24-carat gold, it should have a purity of 999.9.
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22-Carat Gold: 22-carat gold contains approximately 91% pure gold, with the remaining 9% consisting of other metals like copper, silver, or zinc. The purity of 22-carat gold should be 916.
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18-Carat Gold: This gold has a purity of around 75%. Its hallmark should read 750.
Gold jewelry often has markings indicating its purity, such as 999 for 24-carat gold, 958 for 23-carat, 916 for 22-carat, 875 for 21-carat, and 750 for 18-carat gold.
Why Are Gold and Silver Prices Rising?
Gold and silver prices fluctuate due to a variety of factors, including:
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Global Economic Trends: The prices of precious metals are often influenced by global economic conditions. Factors such as inflation, interest rates, and geopolitical tensions can cause prices to rise or fall.
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Supply and Demand: An increase in demand for gold and silver, particularly during festive seasons like Holi or Diwali, can lead to price hikes.
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Market Sentiment: Market speculation and investor behavior also play a crucial role in determining the prices of gold and silver. Investors may turn to gold and silver as safe-haven assets during periods of uncertainty.
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Currency Fluctuations: Changes in the value of the Indian Rupee against foreign currencies can impact the prices of imported gold and silver, thus affecting domestic prices.
Is It the Right Time to Buy Gold or Silver?
Given the current prices, it’s important to assess your investment strategy before buying gold or silver. While prices are high at the moment, gold and silver are generally considered safe investments, especially in uncertain times. If you are purchasing these metals for long-term investment or as a hedge against inflation, the current prices might still offer an opportunity for growth in the future.
However, it’s crucial to follow market trends and check the prices regularly, as they can fluctuate significantly over time. You may also want to explore various buying options, including physical gold and silver, or investing in gold and silver-backed financial products like ETFs.
Factors to Consider Before Buying Gold or Silver
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Market Trends: Always check for the latest trends and prices before making a purchase. The prices of gold and silver can change quickly, so staying informed is key.
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Purity: Make sure that the gold or silver you buy is certified for purity. Look for the hallmark and ensure the metal has been tested and certified by a reputable source.
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Reputation of Seller: Buy from trusted and well-known jewelers or stores to ensure that you are getting quality products.
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Purpose of Purchase: Consider whether you are buying for investment purposes, gifts, or personal use. Different types of purchases may have different considerations.
As we move past the Holi celebrations, it’s essential for prospective buyers of gold and silver to keep an eye on the latest market trends and prices. The prices of both metals are currently trending upwards, with gold nearing ₹90,000 per 10 grams and silver crossing ₹1 lakh per kilogram. Whether you are buying for investment, gifting, or personal use, it’s important to check the purity, consider the timing of your purchase, and choose reputable sellers.
By staying informed and making thoughtful decisions, you can ensure that you get the best value for your money in the ever-changing market of gold and silver.
