Gold Prices Rise in India, Silver Drops Sharply – Check City-Wise Rates for March 10
Gold prices in India saw an upward trend on Monday, March 10, with a rise of approximately Rs 100. The 22-carat gold rate stood at Rs 80,500 per 10 grams, while the 24-carat variant was priced at Rs 87,820 per 10 grams.
In contrast, silver faced a sharp decline, falling by Rs 2,000 per kg due to global market fluctuations, bringing its price down to Rs 97,000 per kg.
City-Wise Gold Rates (March 10, 2025)
Here’s a look at gold prices across major Indian cities:
Silver Prices Drop in India
Silver witnessed a notable decline, with prices dropping to Rs 97,000 per kg across key Indian markets. This dip is attributed to global economic factors and changing investor sentiment.
What Drives Gold Prices in India ?
Gold rates in India are influenced by several key factors, including:
- Global market trends – International gold prices play a crucial role.
- Import duties & taxes – Changes in government policies impact prices.
- Exchange rate fluctuations – The value of the Indian rupee against the US dollar affects costs.
Gold remains an integral part of Indian culture and investment strategies, particularly during weddings and festivals. With market conditions constantly evolving, staying updated on price movements is essential for investors and buyers alike.
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