Highlights

  • Gold hits record high at ₹64,100 amidst US rate cut prospects.
  • Silver follows suit, rises by 1% to ₹81,000 per kg.

Latest news

RBI focuses on expanding UPI for cross-border payments

RBI focuses on expanding UPI for cross-border payments

Fardeen Khan's cinematic return: eyeing Bollywood & South

Fardeen Khan's cinematic return: eyeing Bollywood & South

Maharashtra CM advocates lawful approach to Aurangzeb Tomb Issue

Maharashtra CM advocates lawful approach to Aurangzeb Tomb Issue

Controversy & Triumph: India's glory in Champions Trophy 2025

Controversy & Triumph: India's glory in Champions Trophy 2025

India imposes anti-dumping duty on Trichloroisocyanuric Acid imports

India imposes anti-dumping duty on Trichloroisocyanuric Acid imports

Rohit Sharma dispels ODI retirement rumors post champions trophy win

Rohit Sharma dispels ODI retirement rumors post champions trophy win

Modi's Mauritius Visit: New chapter in India-Mauritius relations

Modi's Mauritius Visit: New chapter in India-Mauritius relations

Shiv Sena's Rajpurohit detained for extortion allegations

Shiv Sena's Rajpurohit detained for extortion allegations

Gold hits record high, breached ₹64,000 mark today: Check Latest Rates in Mumbai, Delhi, Chennai

This surge was driven by increased demand for safe-haven assets following speculation that the US Federal Reserve may implement three rate cuts in 2024. 

Gold hits record high, breached ₹64,000 mark today: Check Latest Rates in Mumbai, Delhi, Chennai

Gold rates domestically have hit a record high today at ₹64,100 per 10 grams on account of a sharp rally in the price of yellow metal internationally. The price increase has been led by a massive spike in demand of the safe haven product after the possibility of US fed implementing three potential rate cuts in 2024.

Silver prices also went up by 1% to ₹81,000 per kg. The metal costs ₹84,000 per kg in Chennai and ₹81,000 per kg in Delhi. Gold prices have surged nearly 11% this year, fueled by anticipation of impending cuts in US interest rates.

However, the continued strength of the US economy, as evidenced by recent data, has raised uncertainties regarding the timing of any potential Federal Reserve rate reductions. Notably, Gold and Silver prices experience fluctuations influenced by multiple factors. These factors encompass global demand for gold, fluctuations in currency values across nations, prevailing interest rates, and governmental regulations governing the gold trade.

24 Carat Gold Price Today 3 April (per 10gm) - Indian Top Cities

Delhi - ₹70,020
Chennai - ₹70,910
Mumbai - ₹69,870
Kolkata - ₹69,870
Bengaluru - ₹69,870

1 KG Silver Price Today 3 April - Indian Top Cities

Delhi - ₹81,000
Chennai - ₹84,000
Mumbai - ₹81,000
Kolkata - ₹81,000
Bengaluru - ₹78,250

ADVERTISEMENT

Up Next

Gold hits record high, breached ₹64,000 mark today: Check Latest Rates in Mumbai, Delhi, Chennai

Gold hits record high, breached ₹64,000 mark today: Check Latest Rates in Mumbai, Delhi, Chennai

Global stock market indices: How the world markets performed today - 07 March 2025

Global stock market indices: How the world markets performed today - 07 March 2025

Indian stock market sector-wise performance today - March 10, 2025

Indian stock market sector-wise performance today - March 10, 2025

Top 5 Nifty 50 gainers today – March 10, 2025: Biggest stock moves

Top 5 Nifty 50 gainers today – March 10, 2025: Biggest stock moves

NSE Nifty 50: Top 5 stock losers of March 10, 2025

NSE Nifty 50: Top 5 stock losers of March 10, 2025

Indian stock market sector-wise performance today - March 07, 2025

Indian stock market sector-wise performance today - March 07, 2025

ADVERTISEMENT

editorji-whatsApp

More videos

NSE Nifty 50: Top 5 stock losers of March 07, 2025

NSE Nifty 50: Top 5 stock losers of March 07, 2025

Top 5 Nifty 50 gainers today – March 07, 2025: Biggest stock moves

Top 5 Nifty 50 gainers today – March 07, 2025: Biggest stock moves

Global stock market indices: How the world markets performed today - 06 March 2025

Global stock market indices: How the world markets performed today - 06 March 2025

Indian stock market sector-wise performance today - March 06, 2025

Indian stock market sector-wise performance today - March 06, 2025

Top 5 Nifty 50 gainers today – March 06, 2025: Biggest stock moves

Top 5 Nifty 50 gainers today – March 06, 2025: Biggest stock moves

NSE Nifty 50: Top 5 stock losers of March 06, 2025

NSE Nifty 50: Top 5 stock losers of March 06, 2025

Global stock market indices: How the world markets performed today - 05 March 2025

Global stock market indices: How the world markets performed today - 05 March 2025

Indian stock market sector-wise performance today - March 05, 2025

Indian stock market sector-wise performance today - March 05, 2025

Top 5 Nifty 50 gainers today – March 05, 2025: Biggest stock moves

Top 5 Nifty 50 gainers today – March 05, 2025: Biggest stock moves

NSE Nifty 50: Top 5 stock losers of March 05, 2025

NSE Nifty 50: Top 5 stock losers of March 05, 2025

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.