Gold Prices on March 7, 2025, Continue Downward Trend Today

Gold rates in India extended their decline on March 7, 2025, following the downward movement observed in the previous session. As per the latest market updates, the price of 22K gold stands at ₹7,990 per gram, while 24K gold is being traded at ₹8,716 per gram.

Cost of Gold in India Decreased

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As of 10:30 AM on March 7, 2025, gold prices have dropped in multiple cities across India. The cost of 22K gold has gone down by ₹30 per gram, whereas 24K gold has recorded a fall of ₹33 per gram. Below is an overview of the latest city-wise gold rates:

Gold Price Today in Mumbai: The price of gold in Mumbai has declined, with 22K gold now available at ₹7,990 per gram, while 24K gold is priced at ₹8,716 per gram.

Gold Price Today in Chennai: In Chennai, the cost of 22K gold has fallen to ₹7,990 per gram, whereas 24K gold is trading at ₹8,716 per gram.

Gold Price Today in Bangalore: The latest gold rates in Bangalore reflect a decline, with 22K gold now valued at ₹7,990 per gram, and 24K gold priced at ₹8,716 per gram.

Gold Price Today in Hyderabad: Hyderabad has also seen a dip in gold prices, where 22K gold is currently priced at ₹7,990 per gram, while 24K gold is at ₹8,716 per gram.

Gold Price Today in Kerala: The gold market in Kerala mirrors the trend, with 22K gold available at ₹7,990 per gram, and 24K gold at ₹8,716 per gram.

Gold Price Today in Delhi: Delhi has witnessed a marginally higher price point, with 22K gold standing at ₹8,005 per gram, while 24K gold is available at ₹8,731 per gram.

Recent Gold Price Trends in India

Gold prices in India have fluctuated in recent days, with a decline noted on March 7, 2025. Here is a summary of recent price movements:

• March 6: Prices declined, with 22K gold at ₹8,020 per gram and 24K gold at ₹8,749 per gram.
• March 5: A rise was recorded, bringing 22K gold to ₹8,065 per gram and 24K gold to ₹8,798 per gram.
• March 4: Gold prices edged up, with 22K gold reaching ₹8,010 per gram, and 24K gold trading at ₹8,738 per gram.
• March 3: Prices remained steady with no significant movement.
• March 1: A slight drop was noted, as 22K gold declined to ₹7,940 per gram, and 24K gold stood at ₹8,662 per gram.
   

The volatility in gold prices can be attributed to multiple factors such as global economic conditions, geopolitical developments, central bank policies, interest rate changes, and fluctuations in currency values.

Conclusion

Gold prices in India have declined today (March 7, 2025), reflecting broader market fluctuations. While short-term variations are influenced by domestic and global factors, gold remains a favored investment option due to its hedge against inflation and long-term value retention. Investors should keep an eye on economic trends and market cues before making any buying or selling decisions.