Posted on March 25, 2025, by Niftynews
Gold Rate in India took a significant dip on March 25, 2025, continuing their downward trend for the fourth consecutive session. The major corrections saw a drop of 1.5% in gold rates following recent record highs. Analysts predict that this pullback is likely to be short-lived, with gold prices expected to rebound soon due to factors like the upcoming trade tariffs next week, which may drive safe-haven demand amid ongoing economic uncertainty.
Gold Rate in India Today: A Decline Across 24K, 22K, and 18K Gold
As of today, March 25, the price of 22-carat gold in India fell by Rs. 330, settling at Rs. 81,850 per 10 grams. Meanwhile, 24-carat gold saw a decline of Rs. 300, bringing the price down to Rs. 89,290 per 10 grams. 18-carat gold also witnessed a dip of Rs. 250, now priced at Rs. 66,990 per 10 grams.
Additionally, in bulk quantities, 100 grams of 24-carat gold are now priced at Rs. 892,900, reflecting a Rs. 3,300 dip. Similarly, 100 grams of 22-carat gold is priced at Rs. 818,500, down by Rs. 3,000.
Silver Price in India on March 25
Silver prices remained stable, with no changes for the third consecutive day. On March 25, 1 kg of silver was priced at Rs. 101,000, while 100 grams of silver was retailing at Rs. 10,100.
Gold Rates Across Major Indian Cities
Gold prices across major cities in India mirrored the overall trend on March 25, 2025. Here are the rates for 24-carat and 22-carat gold in major cities:
- Chennai: 24-carat gold is priced at Rs. 89,290 per 10 grams, while 22-carat gold costs Rs. 81,850 per 10 grams.
- Bengaluru: Gold rates in Bengaluru are also reflecting the market trend, with 22-carat gold at Rs. 81,850 per 10 grams and 24-carat gold at Rs. 89,290 per 10 grams.
- Hyderabad: Similarly, in Hyderabad, the prices for 22-carat gold stand at Rs. 81,850 per 10 grams, and 24-carat gold is priced at Rs. 89,290 per 10 grams.
MCX Gold and Silver Futures Prices Today
As of the latest data, MCX Gold futures set to mature on April 4, 2025, are trading at Rs. 87,495, showing a slight increase of 0.25%. Meanwhile, MCX Silver futures, with an expiry date of May 5, 2025, saw an increase of 0.44%, trading at Rs. 97,922.
According to the ICICI Direct Research report, MCX Gold April is expected to dip towards the Rs. 87,000 level if it remains below Rs. 87,900. A break below Rs. 87,000 could result in further price corrections towards Rs. 86,700 or even Rs. 86,500. Similarly, MCX Silver May is likely to fall towards Rs. 96,000 as long as it remains below Rs. 99,000.
Spot Gold Price and Spot Silver Rate
Global gold prices saw minor movement. As per Reuters, spot gold was up 0.1% at $3,015.42 per ounce, while US gold futures firmed 0.1% to $3,019.40 per ounce. Meanwhile, spot silver rose 0.3% to $33.1 an ounce.
Experts predict that spot gold could correct back toward the $3,000 level if it remains below the $3,035 mark. A break below $3,000 might push prices further down to $2,980 or even $2,960 levels.
Gold Price Outlook in the Near Term: What to Expect?
The recent dip in gold prices is partly attributed to the increase in bond yields and signs that the next round of U.S. President Donald Trump’s tariffs will be more targeted than initially anticipated. These developments have caused financial markets to show some relief, reducing the appetite for haven assets like gold. Despite this, gold has surged by 15% this year, with prices surpassing $3,000 per ounce for the first time, as investors flock to the precious metal amid rising geopolitical risks and economic uncertainty.
Is Now the Right Time to Invest in Gold?
For investors, the ongoing pullback in gold prices may present an opportunity to buy at relatively lower levels before the prices rebound. With the geopolitical landscape still uncertain and the likelihood of the trade tariffs being implemented next week, gold prices could soon rise again, driven by safe-haven demand.
Analysts suggest that this pullback is likely to be temporary, and gold could see strong growth in the near future. However, investors should keep an eye on economic developments, particularly the trade tariffs and any changes in global monetary policies, which could affect the precious metal’s prices.
Conclusion
While gold prices in India have faced a recent dip, the overall outlook remains positive, especially as global uncertainties continue to make gold an attractive investment. For those looking to invest in gold in India, this may be the right time to enter the market before prices recover, with experts expecting gold to maintain its safe-haven status.
