Gold Rate Today: The yellow metal’s price in India edged lower on Friday, 13 March, as the US dollar firmed and global bullion markets corrected after recent gains. Gold remained on track for a second weekly decline.
On Friday, 13 March, MCX Gold April futures slipped 0.24% at ₹1,59,885 per 10 grams around 10:26 am, while MCX Silver May contracts were down by 0.16% at ₹2,67,537 per kg at the same time.
According to India Bullions data, the prices of 24-carat gold were ₹1,60,600/10 gm at 10:30 am on 13 March, and 22-carat gold at ₹1,47,217/10 gms. Silver prices were at ₹2,68,800/kg (Silver 999 Fine).
Gold’s growth over the years
Gold recorded its best bull run since 1979 last year, surging more than 75%. Over the past 20 years, the price of the yellow metal has jumped by 1,500%.
Over the same 20-year period, gold has delivered a compounded annual return of 15.6%, the highest among all asset classes, and multiplied investments by a remarkable 18.3 times.
However, on a weekly basis, gold was headed for a fall of around 1%, marking the first time since November that it has declined for two consecutive weeks. Upward momentum has stalled since the conflict involving the US, Israel, and Iran.
Here are today’s gold rates for major Indian cities, including Ahmedabad, Delhi, Kolkata, Mumbai, Hyderabad, Bengaluru, and Chennai. It’s important for retail customers to note that jewellers may add making charges, taxes, and GST to the bill, which may increase the final price of the item.
Gold and Silver Prices in Mumbai — 13 March
24 karat gold rate in Mumbai— ₹1,60,460/10 gm.
22 karat gold rate in Mumbai — ₹1,47,088 /10 gm.
MCX Gold rate in Mumbai — ₹1,60,100/10 gm.
Silver bullion rate in Mumbai— ₹2,67,250/kg.
MCX Silver 999 rate in Mumbai — ₹2,67,250/kg.
Gold and Silver Prices in New Delhi — 13 March
24 karat gold rate in New Delhi— ₹1,60,180/10 gm.
22 karat gold rate in New Delhi— ₹1,46,832/10 gm.
MCX Gold rate in New Delhi — ₹1,60,100/10 gm.
Silver bullion rate in New Delhi— ₹2,66,790/kg.
MCX Silver 999 rate in New Delhi — ₹2,66,790/kg.
Gold and Silver Prices in Ahmedabad — 13 March
24 karat gold rate in Ahmedabad— ₹1,60,670/10 gm.
22 karat gold rate in Ahmedabad— ₹1,47,281/10 gm
MCX Gold rate in Ahmedabad — ₹1,60,100/10 gm.
Silver bullion rate in Ahmedabad— ₹2,67,600/kg
MCX Silver 999 rate in Ahmedabad — ₹2,67,600/kg.
Gold and Silver Prices in Bengaluru — 13 March
24 karat gold rate in Bengaluru— ₹1,60,560/10 gm.
22 karat gold rate in Bengaluru— ₹1,47,180/10 gm.
MCX today gold rate Bengaluru — ₹1,60,073/10 gm.
Silver bullion rate in Bengaluru— ₹2,67,400/kg.
MCX Silver 999 rate in Bengaluru — ₹2,67,400 /kg.
Gold and Silver Prices in Kolkata — 13 March
24 karat gold rate in Kolkata— ₹1,60,220/10 gm.
22 karat gold rate in Kolkata— ₹1,46,868/10 gm.
MCX Gold rate in Kolkata — ₹1,60,073 /10 gm.
Silver bullion rate in Kolkata— ₹2,66,840/kg.
MCX Silver 999 rate in Kolkata — ₹2,66,840/kg.
Gold and Silver Prices in Hyderabad — 13 March
24 karat gold rate in Hyderabad— ₹1,60,690/10 gm.
22 karat gold rate in Hyderabad— ₹1,47,299 /10 gm.
MCX Gold rate in Hyderabad — ₹1,60,073 /10 gm.
Silver bullion rate in Hyderabad— ₹2,67,620/kg
MCX Silver 999 rate in Hyderabad — ₹2,67,620/kg.
Gold and Silver Prices in Chennai — 13 March
24 karat gold rate in Chennai— ₹1,60,900/10 gm.
22 karat gold rate in Chennai— ₹1,47,492/10 gm.
MCX Gold rate in Chennai — ₹1,60,073/10 gm.
Silver bullion rate in Chennai— ₹2,67,970/kg.
MCX Silver 999 rate in Chennai — ₹2,67,970/kg.
(Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.)
