Gold prices fell on your mouth, know 22 and 24 carat gold rates »Samvedna up
Today, on 6 March 2025, there has been a significant decline in the price of gold. After the rise of the last two days, today there has been a major decline in gold prices, which has given relief to buyers. There are many reasons behind this decline, including tariffs and business warfare imposed by former US President Donald Trump.
Currently, investors are closely monitoring the US employment data released this week, as it will provide significant information on the interest rate of Federal Reserve. Meanwhile, the US dollar index has come to a three -month low, which can push gold prices upwards.
Gold Price Today: Today's Gold Rate
On March 6, 2025, the rate of 22 carat gold in India fell by Rs 450 to Rs 80,200, while the rate of 24 carat gold declined by Rs 490 to Rs 87,490 per 10 grams. Similarly, the rate of 18 carat gold fell by Rs 370 to Rs 65,620 at 10 grams.
Gold price overview
| Details | Value |
| 22 carat gold (10 grams) | ₹80,200 |
| 24 carat gold (10 grams) | ₹87,490 |
| 18 carat gold (10 grams) | ₹65,620 |
| 24 carat gold (100 grams) | ₹8,74,900 |
| 22 carat gold (100 grams) | ₹8,02,000 |
| 18 carat gold (100 grams) | ₹6,56,200 |
| Silver (1 kg) | ₹99,000 |
| Silver (100 grams) | ₹9,900 |
Today's gold prices: prices in major cities
Most cities of India are seeing a similar decline in gold prices. Gold prices are given in some major cities here:
| City | 24 carat | 22 carat |
| Delhi | ₹87,640 | ₹80,350 |
| Mumbai | ₹87,490 | ₹80,200 |
| Chennai | ₹87,490 | ₹80,200 |
| Bengaluru | ₹87,490 | ₹80,200 |
Bounce in silver price
Silver prices in India have increased for the second time this week. The price of silver has increased by Rs 1000, causing it to Rs 99,000 per kg. The price of 100 grams of silver has increased by Rs 100 to Rs 9,900.
Gold and silver futures prices on MCX
MCX Gold Futures: Gold prices continued to rise on MCX (Multi Commodity Exchange) today. Gold futures, which matured on 4 April 2025, increased by 0.22% and reached Rs 86,022.
MCX Silver Futures: Silver futures ended on 5 March 2025 also saw an increase this morning. Prices were trading at Rs 97,925, 0.39% more than the previous bandh.
Factors affecting gold prices
1. American tariff and business war is feared
Recently, the decision of the US to impose 25% tariffs on Mexico and Canada and double the duty on sugar imports to 20% has created instability in the market. In response to this, China and Canada have imposed counter tariffs, and Mexico is also expected to do so.
2. US dollars and Treasury Yield
The US dollar index has declined by 1.39%, reaching a three -month low. It can push gold prices upwards. However, the benchmark is an increase in the 10-year-old American Treasury Yield, which can reduce the attractiveness of gold.
3. Global Economic Uncertainty
Investors are turning to safe investment options due to trade stress and geopolitical uncertainties, increasing the demand for gold.
4. US Employment Statistics
The focus of market participants on the upcoming ADP employment report and American nonform payroll data. These figures can have a significant impact on the monetary policy of the Federal Reserve.
Gold investment strategy
Despite the short-term fluctuations, analysts see gold as a major rescue against economic instability. Investors should monitor US economic data and global trade developments to fluctuate forward price.
Investment Tips:
- Adopt a long-term approach: Be patient while investing in gold and do not panic with short-term fluctuations.
- Portfolio diversification: Include gold in your investment portfolio as a part, but do not depend completely on it.
- Shopping Time: Take advantage of the fall in prices and make purchases according to your long -term investment goals.
- Consider various forms of gold: Consider options such as physical gold, gold ETF, or Gold Mutual Fund.
Future approach: Gold prices estimate
Experts believe that if global uncertainty persists, the demand for gold will continue to increase. According to technical analysis:
- Gold is supported at $ 2,888- $ 2,868 an ounce and resistance at $ 2,922- $ 2,940 an ounce.
- In terms of Indian rupees, gold is supported at Rs 86,450-86,220 per 10 grams and resistance at Rs 86,910-87,170 per 10 grams.
Gold procurement options
- Physical Gold: In the form of jewelery or coins.
- Digital Gold: through online platform.
- Gold ETF: Funds traded on stock exchange.
- Sovereign Gold Bond: Bonds issued by the government.
- Gold Mutual Fund: Funds investing in gold.
How to check the purity of gold
- Hallmark: Buy BIS certified hallmark gold.
- Carat meter: Use electronic carat meter.
- Acid Test: Acid Test performed by expert.
- Magnet Test: Pure gold is not magnetic.
- Density Test: Investigation of gold density.
Disclaimer: Investigation of reality
This article is only for informative purposes and is not an investment advice of any kind. Gold prices vary constantly according to market conditions. Be sure to consult a financial advisor before any investment decision. Also, while purchasing gold, always shop from authentic sources and certified vendors so that fraud can be avoided.