Mumbai, March 17: Gold prices experienced a modest decrease on Monday, March 17. The cost of 24 carat gold in India is INR 8,966 per gram, a decline of INR 12. The cost of 22 carat gold in India is INR 8219 per gram, a fall of INR 18. The current price of silver in India is INR 91,500 per kg, a sharp decrease of 14,600 per kg. Stocks To Buy or Sell Today, March 17, 2025: IndusInd Bank, Infosys, Alkem Laboratories and Tejas Networks Among Shares That May Remain in Spotlight on Monday.

On March 17, US gold firmed after touching a historic milestone last week, as geopolitical tensions, jitters about tariffs escalating trade frictions, and increased hopes of interest rate cuts from the Federal Reserve continued to fuel safe-haven demand. Spot gold was up 0.2% at USD 2,989.79 an ounce as of 0058 GMT. Bullion rose above the key USD 3,000/oz milestone to notch a record high at USD 3,004.86 on Friday. US gold futures eased 0.1% to USD 2,997.30. Stock Market Holiday on Holi 2025: Indian Equity Markets Remain Closed Today in Observance of Festival of Colours Celebrated Across Nation.

Check Prices of Gold (Per Gram) in Metro Cities Today, March 17

City 22 Carat Gold Rate on March 17 24 Carat Gold Rate on March 17
Delhi INR 8,234 INR 8,981
Mumbai INR 8,219 INR 8,966
Ahmedabad INR 8,224 INR 8,971
Chennai INR 8,219 INR 8,966
Kolkata INR 8,219 INR 8,966
Lucknow INR 8,234 INR 8,981
Bengaluru INR 8,219 INR 8,966
Jaipur INR 8,234 INR 8,981
Patna INR 8,224 INR 8,971
Bhubaneshwar INR 8,219 INR 8,966
Hyderabad INR 8,219 INR 8,966

According to a report, central banks and Gold Exchange-Traded Fund (ETF) investors will continue to be the key drivers of gold demand in 2025. IANS reported that geopolitical tensions and economic uncertainties are expected to push gold prices higher, while central banks' actions will play a significant role in shaping the precious metal market. According to the Motilal Oswal Private Wealth report, gold emerged as one of the top-performing asset classes in India in 2024, with a remarkable 21 percent return year-on-year (YoY).

(The above story first appeared on LatestLY on Mar 17, 2025 07:54 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).