Gold Price Update: The fluctuations in gold prices continue. On March 11, 2025, gold closed strong on MCX at ₹86,152 per 10 grams. However, today, March 12, 2025, gold prices have dropped compared to yesterday. As of the latest update, MCX gold is trading ₹112 lower at ₹86,040 per 10 grams.

Gold Prices in Major Cities Today

• Delhi: ₹86,230 per 10 grams (24K)
• Mumbai: ₹86,230 per 10 grams (24K)
• Kolkata: ₹86,110 per 10 grams (24K)
• Chennai: ₹86,480 per 10 grams (24K)
• Jaipur: ₹86,210 per 10 grams (24K), ₹79,026 per 10 grams (22K)
• Patna: ₹86,180 per 10 grams (24K), ₹78,998 per 10 grams (22K)
• Lucknow: ₹86,250 per 10 grams (24K), ₹79,063 per 10 grams (22K)
• Pune: ₹86,230 per 10 grams (24K), ₹79,044 per 10 grams (22K)
• Nagpur: ₹86,230 per 10 grams (24K), ₹79,044 per 10 grams (22K)
• Varanasi: ₹86,250 per 10 grams (24K), ₹79,063 per 10 grams (22K)

Silver Prices Today

Silver prices also started strong on MCX today. The benchmark silver contract is priced at ₹98,380 per kilogram. Here are the silver prices in different cities:

• Delhi: ₹982 per 10 grams
• Chennai: ₹986.6 per 10 grams
• Kolkata: ₹982.4 per 10 grams
• Patna: ₹983.3 per 10 grams
• Lucknow: ₹984 per 10 grams
• Jaipur: ₹983.6 per 10 grams

Factors Affecting Gold Prices

Gold prices fluctuate due to multiple factors, including global market trends, changes in currency value, government tax policies, and demand surges during festivals and wedding seasons. The international gold price and rupee fluctuations also play a crucial role in determining gold rates in India