On March 27, 2025, gold prices in Delhi fell by ₹100 to ₹90,450 per 10 grams, and silver prices dropped by ₹500 to ₹100,000 per kg. This price decline continues due to global market fluctuations.
Gold-Silver Price Today: Gold prices in Delhi's bullion market saw a decline on Tuesday. Due to weak demand from jewelers and retailers, gold fell by ₹100 to ₹90,450 per 10 grams. According to the All India Sarafa Association, 99.9% pure gold was priced at ₹90,550 per 10 grams on Monday, while 99.5% pure gold fell by ₹100 to ₹90,000 per 10 grams.
Latest Gold Prices Across Different Carats
A slight decline in gold prices was observed across major cities in India. Prices of 22-carat and 24-carat gold decreased in Chennai, Mumbai, Delhi, Kolkata, Ahmedabad, Jaipur, Patna, Lucknow, Ghaziabad, Noida, Ayodhya, Gurugram, and Chandigarh. In Delhi, 22-carat gold reached ₹81,990 and 24-carat gold reached ₹89,430 per 10 grams. Silver prices also decreased. Silver, which closed at ₹100,500 per kg on Monday, fell by ₹500 to ₹100,000 per kg.
Reasons for the Decline in Gold Prices
According to Saumil Gandhi, Senior Analyst at HDFC Securities, the strengthening dollar, driven by indications of less stringent tariffs from the US President (presumably referring to a past administration), led to a fall in gold prices. The rise in US bond yields also contributed to the decline in gold's value.
Impact of the International Market
Gold and silver prices continue to fluctuate in the international market. Spot gold rose by $12.56 or 0.42 percent, reaching $3,023.60 per ounce. Indications of changes in US tariff policies have provided relief to traders, reducing the likelihood of a significant drop in gold prices for the time being.
According to Kayanat Chainwala, AVP-Commodities Research at Kotak Securities, some signs of easing trade tensions between the US and other countries have kept gold trading around $3,020 per ounce. However, geopolitical tensions could still impact the market. Military activities between Israel and Lebanon and potential evacuation plans in northern Gaza could contribute to volatility in gold and silver prices.
