There are many global reasons behind the recent surge in gold prices. The biggest reason is the increasing demand for gold in the international market. Due to the slowdown in US inflation rates, investors have turned to safe assets like gold.
Gold has become expensive since Saturday, March 15. The price of 10 grams of gold has increased by Rs 1000. In major cities of the country, the price of 24 carat gold is trading above Rs 89,900 and the price of 22 carat gold is trading above Rs 82,400. The price of 10 grams of gold will soon reach Rs 90,000.
On March 15, 2025, the price of 22-carat gold in Delhi was Rs 82,640 and the price of 24-carat gold was Rs 89,940 per 10 grams. In Mumbai, 22-carat gold is trading at Rs 82,310 and 24-carat gold at Rs 89,790 per 10 grams. There was also a slight fluctuation in gold prices in other major cities of the country.
While in cities like Ahmedabad, Surat, Rajkot in Gujarat, the price of 24-karat gold today is Rs 89,840 per 10 grams, while the price of 22-karat gold is trading around Rs 82,360.The price of silver was Rs 1,03,100 per kg on March 15, 2025. There was also a rise in the price of silver.
There are many global reasons behind the recent surge in gold prices. The biggest reason for this is the increasing demand for gold in the international market. Due to the slowdown in the US inflation rate, investors have turned to safe assets like gold. Apart from this, the weakness in the dollar, the possibility of a reduction in interest rates and global economic uncertainties are also increasing the price of gold. US unemployment data and Producer Price Index (PPI) reports are also influencing investor strategies, pushing gold prices to new record highs.
Gold prices in India fluctuate due to many factors, such as international market prices, government taxes, and fluctuations in the value of the rupee. Gold is not just an investment tool but is also an important part of our traditions and festivals. Its demand increases especially during weddings and festivals.
