Gold Price Today: Gold becomes cheaper, silver also continues to fall; what is the current rate in major cities

Gold Price Today: A day earlier, on March 19, the price of gold fell by Rs 7,000, or 4.37 percent, in the Delhi bullion market. Silver prices fell by Rs 17,800. Precious metal prices also declined in foreign markets.

Add informalnewz.com as a Preferred Source

Gold prices continue to fall nationwide. On the morning of March 20th, the price of 24-carat gold in the capital, Delhi, fell to ₹150,420 per 10 grams. In Mumbai, the price fell to ₹150,270 per 10 grams. A day earlier, on March 19th, gold prices in Delhi’s bullion market saw a sharp decline. They fell by ₹7,000, or 4.37 percent, to ₹1,53,300 per 10 grams.

The decline is due to concerns about rising inflation, a tightening stance by central banks on policy rates, and rising global crude oil prices. The price of spot gold in the international market is $4,678.69 per ounce.

Gold rates in some major cities across the country

Gold Price in Delhi: The price of 24-carat gold in Delhi is ₹150,420 per 10 grams. The price of 22-carat gold is ₹137,890 per 10 grams.

Mumbai, Chennai, and Kolkata: Currently, the price of 22-carat gold in Mumbai, Chennai, and Kolkata is ₹137,740 per 10 grams, while the price of 24-carat gold is ₹150,270 per 10 grams.

Price in Pune and Bengaluru: In these two cities, the price of 24-carat gold is ₹150,270 per 10 grams, and the price of 22-carat gold is ₹137,740 per 10 grams.

Silver price

Another precious metal, silver, is also declining. On the morning of March 19th, the price of silver was trading at ₹2,59,900 per kilogram. A day earlier, the price of silver in the Delhi bullion market fell ₹17,800, or nearly 7 percent, to ₹2,38,700 per kilogram. The spot price of silver in the international market is $70.49 per ounce.