Gold and Silver Prices Decline - ₹2,177 Per KG for Silver; New Rates Now Live
Today's updated gold and silver rates saw significant drops, with silver prices falling £₹2,177 per kg. Local jewelers in different Indian cities are already reflecting the new pricing information.
Highlights
- •Gold: 999-purity gold at ₹155,525 per 10 grams (down by ₹143 from its closing rate)
- •Silver: Has plummeted to ₹250,000 per kg (a £₹2,177 decline in price) after reaching over ₹260,000 last week
- •Prices vary slightly across regions with 24-carat gold in Delhi and silver in Mumbai and Kolkata both priced at the lower end of ₹146,340 - ₹159,650 per 10 grams.
- •Purchasers are advised to check current rates before making any significant purchases
Today, March 18, witnessed a slight decline in the prices of both gold and silver. According to the India Bullion and Jewellers Association (IBJA), gold at 999 purity is currently trading at ₹155,525 per 10 grams (₹143 lower from its previous close). In contrast, 999-purity silver has dropped by ₹2,177 per kilogram (now priced at ₹250,000 per kg) following last week's peak above ₹260,000.
If you're considering a purchase, it is crucial to check the latest rates before heading to any jeweler or dealer. In different regions, gold and silver prices are varying:
Gold Prices:
- Gold of 995 purity (23-carat) in Delhi: ₹154,902 per 10 grams
- Gold of 916 purity (22-carat) in Mumbai and Kolkata: ₹117,376 per 10 grams
- Gold of 750 purity in Chennai: ₹81,742 per 10 grams
- For pure 24-carat gold in Delhi: ₹159,800 and for 22-carat gold: ₹146,490 per 10 grams (slightly lower from yesterday's close)
Silver Prices:
- Today’s silver price in Delhi is ₹250,163 per kilogram (₹2,177 less than last Tuesday)
- In Mumbai, the silver rate has fallen to ₹248,302 per kilogram
- In Kolkata and Chennai, the silver rate is likewise at ₹248,302 per kilogram (indicating a 2,177 rupee reduction across these regions)
