Gold Rate Today: On the first day of the month today, the price of gold declined on 1 March 2025. Gold has become cheaper for the third consecutive day. Gold prices have come down by Rs 500 on Saturday. At the same time, the price of 22 carat gold has come down by Rs 450. In big cities of the country, 24 carat gold prices are trading around Rs 86,800 and 22 carat gold around Rs 79,500. The price of one kilogram of silver is at the level of Rs 96,900. Check today’s gold-silver price.
Why the price of gold and silver is falling
Gold prices have increased due to strengthening of the dollar index. Rahul Kalantar of Mehta Equality Limited says that the US President’s announcement on Mexico and Canada supported the dollar, which led to weakness in the bullion market. In addition, speculation of the US Federal Reserve avoiding the possible cuts in interest rates has also weakened the demand for gold. Gold prices have declined due to increasing economic pressure in the global market and vigilance of investors.
Gold becomes cheaper in Delhi-Mumbai
The price of 24 carat gold in Delhi has declined for the third consecutive day. The price of 22 carat gold here was Rs 79,740 per 10 grams. 24 carat gold in Delhi is made at Rs 86,9800 per 10 grams. The price of 22 carat gold in Mumbai is trading at Rs 79,590 and 24 carat gold at Rs 86,830 per 10 grams. Learn here the price of gold in 4 big cities of the country 1 March 2025.
| City name | 22 carat gold rate | 24 carat gold rate |
| Delhi | 79,740 | 86,980 |
| Chennai | 79,590 | 86,830 |
| Mumbai | 79,590 | 86,830 |
| Kolkata | 79,590 | 86,830 |
Silver price
On 1 March 2025, silver is priced at Rs 96,900 per kg. Silver prices have fallen by Rs 1,000.
How is the price of gold decided?
The price of gold in India varies due to many reasons, such as international market prices, government tax and rupee fluctuations. Gold is not only a means of investment, but also an important part of our traditions and festivals. Especially during marriage and festivals, its demand increases.
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