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    Gold Prices Take A Hit (March 12), Check 22K & 24K Rates Per Gram In Cities

    2 hours ago

    24K & 22K Gold Price Today: Gold prices in India edged lower on Thursday, while silver recovered from early weakness and traded higher on the back of buying at lower levels.

    Analysts noted that buying interest remains strong in the Rs 1,56,000-Rs 1,57,000 demand zone. “As long as prices hold above this base, the medium-term bullish outlook remains intact. A sustained breakout above Rs 1,65,000 could revive bullish momentum toward Rs 1,75,000-Rs 1,80,000,” an analyst said.

    Silver, however, showed resilience during the session. MCX May silver futures rebounded after initial losses to trade at Rs 2,71,065 per kg, rising Rs 2,574 or 0.96 per cent. The contract had opened at Rs 2,69,212 per kg, slightly above its previous close of Rs 2,68,491.

    The weakness in gold prices followed pressure in global bullion markets as the US dollar strengthened and expectations of near-term interest rate cuts diminished. A stronger dollar typically weighs on precious metals by making them more expensive for holders of other currencies.

    In overseas markets, spot gold slipped 0.2 per cent to $5,165.73 per ounce, while US gold futures for April delivery declined 0.2 per cent to $5,171.40 per ounce. Spot silver remained largely steady at $85.82 per ounce.

    Meanwhile, the Indian rupee touched a fresh record low on Thursday as rising crude oil prices and a firm US dollar continued to exert pressure on the local currency. The rupee fell 0.3 per cent to 92.3575 against the dollar, surpassing its previous lifetime low of 92.3475 recorded earlier this week.

    Traders noted that Gold Rates in India  fell, with Gold prices in Delhi and other key metros reflecting the latest decline.

    Gold Rates Across Major Cities In India On March 12

    Gold Prices in Delhi Today (Per 1 Gram)

    24 Karat - 16,237

    22 Karat- 14,885

    18 Karat- 12,182

    Gold Prices in Chennai Today (Per 1 Gram) 

    24 Karat - 16,331

    22 Karat- 14,970

    18 Karat- 12,700

    Gold Prices in Bengaluru Today (Per 1 Gram)

    24 Karat - 16,222

    22 Karat- 14,870

    18 Karat- 12,167

    Gold Prices in Mumbai Today (Per 1 Gram)

    24 Karat - 16,222

    22 Karat- 14,870

    18 Karat- 12,167

    Gold Prices in Pune Today (Per 1 Gram)

    24 Karat - 16,222

    22 Karat- 14,870

    18 Karat- 12,167

    Gold Prices in Kolkata Today (Per 1 Gram)

    24 Karat - 16,222

    22 Karat- 14,870

    18 Karat- 12,167

    Gold Price Today in Major Indian Cities

    City 24k Gold Per Gram 22k Gold Per Gram 18k Gold Per Gram
    Gold Rate in Hyderabad 16,222 14,870 12,167
    Gold Rate in Ahmedabad 16,227 14,875 12,172
    Gold Rate in Indore 16,227 14,875 12,172
    Gold Rate in Lucknow 16,237 14,885 12,182
    Gold Rate in Coimbatore 16,331 14,970 12,700
    Gold Rate in Bhubaneswar 16,222 14,870 12,167
    Gold Rate in Mysore 16,222 14,870 12,167
    Gold Rate in Kanpur 16,237 14,885 12,182
    Gold Rate in Salem 16,331 14,970 12,700
    Gold Rate in Visakhapatnam 16,222 14,870 12,167
    Gold Rate in Vijayawada 16,222 14,870 12,167
    Gold Rate in Patna 16,227 14,875 12,172

    To check Silver price in India today, click here.

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