Gold and silver price on March 18: 24k gold rate around ₹89,550 in Mumbai; check prices in your city

Gold prices fell for the second day on Tuesday, March 18, due to poor domestic demand and a rebound in the rupee against the US dollar. The precious metal traded near lifetime high levels at $3,010 an ounce in global markets amid geopolitical worries which capped its losses.

The 24K gold dropped by ₹10 to ₹89,550 per 10 grams and the 22K gold to ₹82,090 per 10 grams in major Indian cities. Gold prices had dropped ₹110 per 10 grams on Monday. In early Asian trade on Tuesday, spot gold rose by 0.29% to $3,010 an ounce.

Gold Price Today in India (March 18, 2025)

In Delhi markets, 24K gold traded at ₹89,700 per 10 grams and 22K gold at ₹82,240 per 10 grams, down by ₹10 over the last close.

Gold Price Today in Major Cities

Silver Price Today in India (March 18, 2025)

Silver prices declined by ₹100 to ₹1,02,800 per kilogram, following weak industrial demand. A strong rupee against the US dollar also weighed on the white metal. The metal had traded flat on Monday after hitting an all-time high of ₹1,03,000 per kg in major Indian cities on Saturday. On Tuesday, spot silver rose by 0.17% to $33.91 an ounce in early Asian trade.

Silver Price Today in Major Cities:

Comparison of Gold and Silver Prices This Week

Gold fell for the second day on Tuesday due to weak demand from retailers and jewellers. Marriage season demand is expected to pick up next month while record-high prices are impacting retail sales. Global factors are supporting the precious metal though. Silver prices have retreated from lifetime high levels hit on Saturday due to weak industrial demand.

Here’s a comparison of gold and silver prices from earlier this week: