Gold Prices Drop for Second Consecutive Day, Silver Also Declines
New Delhi, March 17 – The domestic bullion market witnessed a marginal decline in gold and silver prices for the second consecutive day, bringing some relief to buyers. 24K gold is currently trading between ₹89,660 and ₹89,810 per 10 grams, while 22K gold is priced between ₹82,190 and ₹82,340 per 10 grams across major Indian markets.
Meanwhile, silver prices have also dropped, with the metal now trading at ₹1,02,900 per kilogram in Delhi’s bullion market.
Gold Prices in Major Cities
Delhi
✔ 24K Gold – ₹89,810 per 10 grams
✔ 22K Gold – ₹82,340 per 10 grams
Mumbai
✔ 24K Gold – ₹89,660 per 10 grams
✔ 22K Gold – ₹82,190 per 10 grams
Ahmedabad
✔ 24K Gold – ₹89,710 per 10 grams
✔ 22K Gold – ₹82,240 per 10 grams
Chennai & Kolkata
✔ 24K Gold – ₹89,660 per 10 grams
✔ 22K Gold – ₹82,190 per 10 grams
Lucknow & Jaipur
✔ 24K Gold – ₹89,810 per 10 grams
✔ 22K Gold – ₹82,340 per 10 grams
Patna
✔ 24K Gold – ₹89,710 per 10 grams
✔ 22K Gold – ₹82,240 per 10 grams
Bengaluru, Hyderabad & Bhubaneswar
✔ 24K Gold – ₹89,660 per 10 grams
✔ 22K Gold – ₹82,190 per 10 grams
Why Are Gold Prices Falling?
The slight dip in gold prices can be attributed to:
✔ Global Market Fluctuations – International gold prices have seen minor corrections after hitting record highs.
✔ Strengthening of the US Dollar – A stable dollar has pressured gold prices slightly.
✔ Reduced Domestic Demand – The post-festive season has led to a temporary decline in demand from buyers and investors.
Silver Prices Also Decline
Alongside gold, silver prices have also dropped, trading at ₹1,02,900 per kilogram in Delhi. The price correction reflects global market trends and reduced industrial demand.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
