With huge fall, gold fell below Rs 1.50 lakh, silver prices also took a hit, know what are the prices in your city.
Gold-Silver Price Today: A continuous decline in gold prices is being seen across the country. On the morning of March 21, the price of 24 carat gold in Delhi fell to Rs 149,050 per 10 gram, while in Mumbai, Pune and Bengaluru the price stood at Rs 148,900 per 10 gram. A day earlier on March 20, the price of gold in Delhi’s bullion market had fallen by Rs 650 or 0.42 percent to Rs 1,52,650 per 10 grams.
reason for decline
This fall in the price of gold has come due to rising inflation, strict stance on policy rates by central banks and increase in global crude oil prices. Apart from this, analysts believe that gold prices remain under pressure due to global economic uncertainties and signals in favor of the dollar. The spot price of gold in the international market is $ 4,663.54 per ounce.
Gold rate in big cities of the country
Gold prices vary in different cities:
Delhi
- 22 carat: Rs 136,690 per 10 grams
- 24 carat: Rs 149,050 per 10 grams
Mumbai, Chennai and Kolkata
- 22 carat: Rs 136,540 per 10 grams
- 24 carat: Rs 148,900 per 10 grams
Pune and Bengaluru
- 22 carat: Rs 136,540 per 10 grams
- 24 carat: Rs 148,900 per 10 grams
Gold prices in your city
| City | 22 carat gold price(₹) | 24 carat gold price(₹) |
|---|---|---|
| Delhi | 136,690 | 149,050 |
| Mumbai | 136,540 | 148,900 |
| Ahmedabad | 136,590 | 148,950 |
| Chennai | 136,540 | 148,900 |
| Kolkata | 136,540 | 148,900 |
| Hyderabad | 136,540 | 148,900 |
| Jaipur | 136,690 | 149,050 |
| Bhopal | 136,590 | 148,950 |
| Lucknow | 136,690 | 149,050 |
| Chandigarh | 136,690 | 149,050 |
price of silver
Silver is also continuously becoming cheaper. According to Bussiness report, on the morning of March 21, the price of silver was Rs 254,900 per kg. A day earlier, the price of silver had risen by Rs 1,800 to Rs 240,500 per kg in Delhi’s bullion market. The spot price of silver in the international market is $ 72.18 per ounce.
Also read- Dollar vs Rupee: Rupee burnt in the fire of crude oil! Reached record low level of 93.71 against dollar
SBI increased interest on FD
Along with this, SBI has increased the interest rates on its fixed deposit (FD) schemes, which can prove to be a good opportunity for the customers. Amidst these changes, with gold and silver prices falling, this could be a favorable time for investors and common people to buy gold and silver if they are looking for long-term gains.
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