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Gold, Silver Prices Today (March 17): Check 22K And 24K Rates In Delhi, Mumbai, Other Cities


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Gold and Silver Rates In India Today, March 17: In Mumbai, the price of 24-carat gold falls to Rs 1,57,410 per 10 grams, while 22k gold is available at Rs 1,44,290 per 10 grams.

Gold and Silver Rates In India Today, March 17.

Gold and Silver Rates In India Today, March 17.

Gold and Silver Rates In India Today, March 17: Gold and silver prices in India fell on March 17, due to a stronger dollar amid costlier crude. In Mumbai, the price of 24-carat gold fell to Rs 1,57,410 per 10 grams, while 22k gold was available at Rs 1,44,290 per 10 grams. These rates do not include GST and making charges.

Last month, gold touched its all-time high of over Rs 1,80,000, while silver prices hit a record Rs 4,20,000.

What Is The Price Of 22kt, 24kt Gold Today In India Across Key Cities On March 17?

City 22K Gold (per 10gm) 24K Gold (per 10gm)
Delhi Rs 1,44,440 Rs 1,57,560
Jaipur Rs 1,44,440 Rs 1,57,560
Ahmedabad Rs 1,44,340 Rs 1,57,460
Pune Rs 1,44,290 Rs 1,57,410
Mumbai Rs 1,44,290 Rs 1,57,410
Hyderabad Rs 1,44,290 Rs 1,57,410
Chennai Rs 1,44,290 Rs 1,57,410
Bengaluru Rs 1,44,290 Rs 1,57,410
Kolkata Rs 1,44,290 Rs 1,57,410

In the international market, US spot gold firmed 0.4% to $5,023.19 per ounce as of 0251 GMT. US gold futures for April delivery rose 0.5% to $5,027.20.

“Gold prices pulled back in the first 24 hours of trade this week. That seems to echo the markets’ positive response to Iran’s foreign minister’s comments… In response, crude oil pulled back, yields ticked lower, and the US dollar gave back some recent gains as stocks rose,” said Ilya Spivak, head of global macro at Tastylive, according to Reuters.

Iran’s Abbas Araghchi said on Monday that the Strait of Hormuz is not closed to everyone, while some vessels sailed through the critical strait.

However, oil held above $100 a barrel as the US-Israeli war against Iran kept the strait largely shut, stranding tankers for weeks, in the biggest disruption to global supplies on record.

US President Donald Trump repeated his call for nations to help unblock the Strait, and complained that none were willing to offer assistance.

What Factors Affect Gold Prices In India?

International market rates, import duties, taxes, and fluctuations in exchange rates primarily influence gold prices in India. Together, these factors determine the daily gold rates across the country.

In India, gold is deeply cultural and financial. It is a preferred investment option and is key to celebrations, particularly weddings and festivals.

With constantly changing market conditions, investors and traders monitor fluctuations closely. Staying updated is crucial for effectively navigating dynamic trends.

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