Gold Rate Today: Today, gold has become cheaper on Friday 7 March. The price of gold has declined in the week before Holi. The gold rate has declined by Rs 500. In big cities of the country, 24 carat gold prices are trading around Rs 87,400 and 22 carat gold above Rs 80,150. The price of one kilogram of silver is at the level of Rs 99,100. Check the gold-silver price of March 7 today.
Why the price of gold declined
According to experts, gold prices were seen to fall due to the vigilance of investors and possible changes in global economic policies. Especially in the US fee policies, there is a market volatility due to potential revision and major economic data, such as employment rates and unemployment rates. Due to these reasons, the perception of investors is being affected, which has reduced the demand for metal.
Gold rate in Delhi-Mumbai
The price of 22 carat gold in Delhi was Rs 80,340 per 10 grams. 24 carat gold in Delhi is made at Rs 87,630 per 10 grams. The price of 22 carat gold in Mumbai is trading at Rs 80,190 and 24 carat gold at Rs 87,480 per 10 grams. Learn here the price of gold in 4 big cities of the country 7 March 2025.
| City name | 22 carat gold rate | 24 carat gold rate |
| Delhi | 80,340 | 87,630 |
| Chennai | 80,190 | 87,480 |
| Mumbai | 80,190 | 87,480 |
| Kolkata | 80,190 | 87,480 |
Silver rate
On 7 March 2025, the silver rate was Rs 99,100 per kg. Today, the price of silver has risen around Rs 1200 as compared to yesterday. The silver rate yesterday was Rs 97,900.
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.
Bank Holiday: All banks will remain closed on Friday, know why RBI has given March 7 holiday