Gold Price in Delhi: Latest Updates for March 17, 2025
Gold continues to be a highly valued asset in India, with many people using it as a form of investment, wealth preservation, and even as a hedge against inflation. Whether you are planning to buy gold for personal use or investment purposes, it’s important to know the current gold rates in the market.
Gold Rates for March 17, 2025 in Delhi:
| Date | Gold Type | Description | Gold Price (10g) | Change (₹) |
|---|---|---|---|---|
| Mar 17, 2025 | 24 Carat | 10g of 24k gold (99.9%) | ₹89,833 | -120.00 |
| Mar 17, 2025 | 22 Carat | 10g of 22k gold (91.67%) | ₹82,363 | -110.00 |
Gold Rates for Today in India
As of March 17, 2025, the gold rates are as follows:
- 24 Carat Gold (10 grams): ₹89,833 -120.00
- 22 Carat Gold (10 grams): ₹82,363 -110.00
These rates reflect the price of gold in major cities across India, but keep in mind that gold prices can fluctuate based on market demand, geopolitical factors, and the strength of the Indian Rupee against the US Dollar.
Gold Prices in Major Indian Cities – March 17, 2025
Here are the gold rates for March 17, 2025, in major metro cities of India:
24 Carat Gold Price (Per 10g)
| City | Gold Price (10g) | Change (₹) |
|---|---|---|
| Bangalore | ₹89,675 | -120.00 |
| Chennai | ₹89,681 | -120.00 |
| Delhi | ₹89,833 | -120.00 |
| Kolkata | ₹89,685 | -120.00 |
| Mumbai | ₹89,687 | -120.00 |
| Pune | ₹89,693 | -120.00 |
22 Carat Gold Price (Per 10g)
| City | Gold Price (10g) | Change (₹) |
|---|---|---|
| Bangalore | ₹82,205 | -110.00 |
| Chennai | ₹82,211 | -110.00 |
| Delhi | ₹82,363 | -110.00 |
| Kolkata | ₹82,215 | -110.00 |
| Mumbai | ₹82,217 | -110.00 |
| Pune | ₹82,223 | -110.00 |
Gold prices may vary slightly across different cities due to taxes, import duties, and local demand. However, the prices in major cities generally follow similar trends.
Understanding Gold Prices in India
Gold prices in India are influenced by various factors:
- Global Gold Prices: The international gold market sets the foundation for domestic prices. Gold traded in dollars can have a direct impact on Indian gold prices.
- Rupee-Dollar Exchange Rate: When the Indian Rupee weakens against the US Dollar, the price of gold tends to increase.
- Import Duties and Taxes: India imposes a 10% import duty on gold, which affects the local price.
- Market Demand and Supply: The demand for gold in India, particularly in the jewelry sector, plays a significant role in shaping the price of gold.
- Geopolitical Conditions: Political instability, financial crises, or global uncertainties often drive investors towards gold as a safe haven.
What are the Different Types of Gold?
Gold comes in various karats, with the two most popular forms being:
- 24 Carat Gold: The purest form of gold (99.99% purity) but is too soft to be molded into jewelry, making it ideal for investment.
- 22 Carat Gold: Composed of 22 parts gold and 2 parts other metals like copper, making it ideal for making jewelry due to its durability.
Gold Rates in Different Cities in India for March 17, 2025
| City Name | 22 Carat Price (₹) | 24 Carat Price (₹) |
|---|---|---|
| Ahmedabad | ₹82,271 | ₹89,741 |
| Amritsar | ₹82,390 | ₹89,860 |
| Bangalore | ₹82,205 | ₹89,675 |
| Bhopal | ₹82,274 | ₹89,744 |
| Bhubaneswar | ₹82,210 | ₹89,680 |
| Chandigarh | ₹82,372 | ₹89,842 |
| Chennai | ₹82,211 | ₹89,681 |
| Coimbatore | ₹82,230 | ₹89,700 |
| Delhi | ₹82,363 | ₹89,833 |
| Faridabad | ₹82,395 | ₹89,865 |
| Gurgaon | ₹82,388 | ₹89,858 |
| Hyderabad | ₹82,219 | ₹89,689 |
| Jaipur | ₹82,356 | ₹89,826 |
| Kanpur | ₹82,383 | ₹89,853 |
| Kerala | ₹82,235 | ₹89,705 |
| Kochi | ₹82,236 | ₹89,706 |
| Kolkata | ₹82,215 | ₹89,685 |
| Lucknow | ₹82,379 | ₹89,849 |
| Madurai | ₹82,207 | ₹89,677 |
| Mangalore | ₹82,218 | ₹89,688 |
| Meerut | ₹82,389 | ₹89,859 |
| Mumbai | ₹82,217 | ₹89,687 |
| Mysore | ₹82,204 | ₹89,674 |
| Nagpur | ₹82,231 | ₹89,701 |
| Nashik | ₹82,267 | ₹89,737 |
| Patna | ₹82,259 | ₹89,729 |
| Pune | ₹82,223 | ₹89,693 |
| Surat | ₹82,278 | ₹89,748 |
| Vadodara | ₹82,284 | ₹89,754 |
| Vijayawada | ₹82,225 | ₹89,695 |
| Visakhapatnam | ₹82,227 | ₹89,697 |
Factors Affecting Gold Prices in Delhi
Several factors contribute to the fluctuation in gold prices:
- Global Gold Prices: Gold is traded globally in US Dollars, so its price in India is largely influenced by international market trends. Events such as global economic uncertainty or changes in US interest rates can impact gold prices worldwide.
- Indian Rupee vs US Dollar: The value of the Indian Rupee relative to the US Dollar also plays a significant role. A weaker Rupee against the Dollar typically drives up the price of gold in India.
- Local Taxes and Import Duties: In India, the import duty on gold is currently set at 10%, and additional state taxes may vary depending on the region. These local factors contribute to the final price you pay for gold.
- Demand and Supply: The demand for gold in India, particularly for jewellery during festive seasons, can cause a spike in prices. The supply side, including the volume of imports, also influences the cost.
Gold as an Investment in Delhi
Gold is considered a reliable and safe investment option in India, particularly in cities like Delhi. People invest in gold to hedge against inflation, currency fluctuations, and economic uncertainties. The price of gold in Delhi remains competitive compared to other cities due to the region’s high demand for jewellery and investment.
There are several ways to invest in gold in Delhi:
- Physical Gold: This includes gold coins, bars, and jewellery. While it offers the advantage of tangibility, storage and security are important considerations.
- Gold Exchange-Traded Funds (ETFs): These are convenient, as they allow you to invest in gold without physically owning it. Gold ETFs track the price of gold in the market and are traded on the stock exchange.
- Sovereign Gold Bonds: Issued by the Government of India, these bonds offer both returns on investment and interest, making them an attractive option for long-term investors.
Historical Gold Price Trends in India
Gold prices in India have seen fluctuations over the past few weeks, reflecting global market conditions, as well as local factors such as inflation and currency strength. Here’s a look at the price changes over the past 05 days:
| Date | 22 Carat Price (₹) | 24 Carat Price (₹) | Change in 22 Carat (₹) | Change in 24 Carat (₹) |
|---|---|---|---|---|
| Mar 16, 2025 | ₹82,373 | ₹89,843 | -110.00 | -120.00 |
| Mar 15, 2025 | ₹82,483 | ₹89,963 | +1,100.00 | +1,200.00 |
| Mar 14, 2025 | ₹81,383 | ₹88,763 | +550.00 | +600.00 |
| Mar 13, 2025 | ₹80,833 | ₹88,163 | +470.00 | +510.00 |
| Mar 12, 2025 | ₹80,363 | ₹87,653 | -320.00 | -350.00 |
Conclusion
Keeping track of the gold rate today can help you make better investment decisions. By understanding the historical trends and current rates, you can plan your purchases and investments more effectively. Stay informed and make the most of your gold investments!