Gold and Silver Prices Update for March 13, 2025: What You Need to Know
As of today, March 13, 2025, gold and silver prices have shown notable shifts in the Indian markets, with gold prices experiencing a modest increase, while silver rates have also seen a rise. This development impacts investors and consumers alike, making it important to stay informed about the latest rates.
Current Gold and Silver Rates
In New Delhi, the price of 24-carat gold is reported at ₹88,163 per 10 grams, reflecting an increase of ₹510 since the previous trading day. Meanwhile, the cost of 22-carat gold stands at ₹80,833 per gram, which is a rise of ₹470. Over the past week, the price of 24-carat gold has fluctuated by -0.4%, while the monthly change is recorded at -0.5%.
For silver, which is always a closely watched commodity, current prices indicate a rate of ₹103,200 per kg, up by ₹2,200 from the previous day’s close.
Quick Reference – Gold and Silver Rates Across Major Cities
Gold Rates in Top Southern Cities
- Chennai: ₹88,011 per 10 grams (up from ₹87,851 yesterday)
- Bangalore: ₹88,005 per 10 grams (up from ₹87,845 yesterday)
- Hyderabad: ₹88,019 per 10 grams (up from ₹87,859 yesterday)
- Visakhapatnam: ₹88,027 per 10 grams (up from ₹87,867 yesterday)
- Vijayawada: ₹88,025 per 10 grams (up from ₹87,865 yesterday)
Silver Prices in Top Southern Cities
- Chennai: ₹111,800 per kg (up from ₹110,600 yesterday)
- Bangalore: ₹102,200 per kg (up from ₹101,000 yesterday)
- Hyderabad: ₹112,400 per kg (up from ₹111,200 yesterday)
- Visakhapatnam: ₹110,800 per kg (up from ₹109,600 yesterday)
- Vijayawada: ₹113,200 per kg (up from ₹112,000 yesterday)
Factors Affecting Precious Metal Prices
The prices of gold and silver are influenced by a variety of factors, both domestic and international. These include:
- Global Demand: The overall demand for precious metals worldwide can lead to fluctuations in price.
- Currency Fluctuations: Changes in the value of the US dollar and other currencies can make gold and silver more or less attractive to investors.
- Interest Rates: Increases in interest rates can dampen the allure of gold and silver, as these assets do not provide any interest income.
- Government Regulations: Policies and regulations concerning the trade of gold and silver can have a direct impact on their market prices.
- World Events: Economic conditions, geopolitical developments, and other global events can shift demand for these precious metals.
Insights from Industry Experts
Jewelry professionals and market analysts often provide valuable insights regarding potential future trends in the precious metals market. Their expertise is crucial for investors looking to navigate the complexities of the bullion markets effectively.
Conclusion
The notable rise in gold and silver prices today, March 13, 2025, reflects ongoing market dynamics that are essential for investors and consumers to monitor. With gold currently priced at ₹88,163 per 10 grams and silver at ₹103,200 per kg, interested parties should consider these factors while making investment decisions.
For the latest updates and more detailed insights into commodities, follow our coverage on Smart Money Mindset and other trusted financial news sources.