Gold has always been a symbol of wealth, prosperity, and security in India. Whether it’s for weddings, festivals, or investments, gold holds a special place in the hearts of Indians. On 07 March 2025, the gold market in India continues to show dynamic trends, with prices fluctuating based on global and domestic factors. This article provides a comprehensive overview of today’s gold rates in India, including city-wise prices, MCX gold updates, and key insights to help you make informed decisions.
Today’s Gold Rate in India: 07 March 2025
As of today, the gold rate in India for 22K gold is ₹8,025.90 per gram, while 24K gold (also known as 999 gold) is priced at ₹8,754.90 per gram. These rates are subject to slight variations across different cities due to local taxes, making charges, and demand-supply dynamics.
Here’s a quick comparison of today’s and yesterday’s gold rates:
Today 22 Carat Gold Price Per Gram in India (INR)
| Gram | Today | Yesterday | Change |
|---|---|---|---|
| 1 | ₹8,025.90 | ₹8,072.90 | ▼ ₹-47 |
| 8 | ₹64,207.20 | ₹64,583.20 | ▼ ₹-376 |
| 10 | ₹80,259 | ₹80,729 | ▼ ₹-470 |
| 100 | ₹802,590 | ₹807,290 | ▼ ₹-4,700 |
Today 24 Carat Gold Price Per Gram in India (INR)
| Gram | Today | Yesterday | Change |
|---|---|---|---|
| 1 | ₹8,754.90 | ₹8,805.90 | ▼ ₹-51 |
| 8 | ₹70,039.20 | ₹70,447.20 | ▼ ₹-408 |
| 10 | ₹87,549 | ₹88,059 | ▼ ₹-510 |
| 100 | ₹875,490 | ₹880,590 | ▼ ₹-5,100 |
The table above shows a slight decline in gold prices compared to yesterday, reflecting the ongoing volatility in the global and domestic markets.
City-wise Gold Rates in India on 07 March 2025
Gold prices vary across cities due to factors like transportation costs, local taxes, and demand. Below is a detailed breakdown of today’s gold rates in major Indian cities:
1. Delhi
- 22K Gold: ₹8,036.30 per gram
- 24K Gold: ₹8,765.30 per gram
Delhi, being the capital city, often has slightly higher gold rates due to high demand and additional taxes.
2. Mumbai
- 22K Gold: ₹8,021.70 per gram
- 24K Gold: ₹8,750.70 per gram
Mumbai, the financial hub of India, sees competitive gold prices due to its proximity to major trading centers.
3. Chennai
- 22K Gold: ₹8,021.10 per gram
- 24K Gold: ₹8,750.10 per gram
Chennai’s gold rates are influenced by its strong cultural affinity for gold jewelry, especially during festivals and weddings.
4. Bangalore
- 22K Gold: ₹8,020.50 per gram
- 24K Gold: ₹8,749.50 per gram
Bangalore, known for its tech-savvy population, also has a thriving gold market with competitive pricing.
5. Patna
- 22K Gold: ₹8,025.90 per gram
- 24K Gold: ₹8,754.90 per gram
Patna’s gold rates are on par with the national average, reflecting steady demand in the region.
6. Indore
- 22K Gold: ₹8,025.90 per gram
- 24K Gold: ₹8,754.90 per gram
Indore’s gold market is influenced by its strong cultural traditions and festive demand.
MCX Gold Price Today
The Multi Commodity Exchange (MCX) is a key indicator of gold prices in India. As of 07 March 2025, the MCX gold price is ₹84,450.00, reflecting a decline of ₹117.00 (-0.14%). MCX gold prices are influenced by global trends, currency fluctuations, and geopolitical factors.
For more detailed insights into MCX gold trends, visit MCX Gold Price Updates.
Factors Influencing Gold Prices in India
- Global Market Trends: Gold prices in India are closely tied to international markets. Any changes in global gold prices, such as those on the New York Mercantile Exchange (NYMEX), directly impact domestic rates.
- Currency Exchange Rates: Since gold is traded in US dollars globally, fluctuations in the INR-USD exchange rate play a significant role in determining gold prices in India.
- Demand and Supply: Festive seasons, weddings, and cultural events drive up demand for gold, leading to price increases. Conversely, lower demand can result in price drops.
- Government Policies: Import duties, taxes, and regulations imposed by the Indian government also affect gold prices.
- Geopolitical Factors: Global uncertainties, such as wars, economic crises, and political instability, often lead to increased gold prices as investors seek safe-haven assets.
Why Check Gold Rates Before Buying?
- Stay Updated: Gold prices fluctuate daily, and staying informed ensures you get the best deal.
- Budget Planning: Knowing the current rates helps you plan your purchase according to your budget.
- Investment Decisions: For investors, tracking gold prices is crucial for making timely buy or sell decisions.
Conclusion
Gold remains a timeless investment and a cherished asset in India. Whether you’re buying gold for personal use or as an investment, staying updated with the latest gold rates is essential. On 07 March 2025, the gold market shows a slight decline, with 22K gold priced at ₹8,025.90 per gram and 24K gold at ₹8,754.90 per gram. City-wise rates vary slightly, and the MCX gold price stands at ₹84,450.00.
FAQs on
Today, 22K gold is priced at ₹8,025.90 per gram, and 24K gold at ₹8,754.90 per gram.
Gold rates differ slightly across cities due to local taxes and demand. For example, Delhi’s 22K gold rate is ₹8,036.30, while Mumbai’s is ₹8,021.70.
The MCX gold price today is ₹84,450.00, down by ₹117.00 (-0.14%).
You can check live gold prices and insights at IPO Insights.
Gold prices are influenced by global market trends, currency exchange rates, and local demand-supply dynamics.
