Gold, silver prices continue to fall, steepest weekly drop in gold prices since January, check today's rate
Gold-Silver Prices Today: A continuous decline in gold prices is being observed across the country. On the morning of March 21, the price of 24-carat gold in Delhi fell by about Rs 3600 to Rs 1,49,050 per 10 grams, while in Mumbai, Pune, and Bengaluru, the price stood at Rs 1,48,900 per 10 grams. A day earlier, on March 20, gold prices in the Delhi bullion market had dropped by Rs 650—or 0.42 percent—to Rs 152,650 per 10 grams.
For the first time in several months, gold and silver prices have witnessed such a significant decline. The surge in crude oil prices, the strengthening of the dollar, and escalating tensions in the Middle East have had an adverse impact on gold and silver.
Largest Weekly Decline in Prices Since January 2026
So far this week, gold prices have recorded a decline of Rs 12,766 per 10 grams. This marks the steepest weekly drop in gold prices since January. Thus far in March, gold rates have tumbled by Rs 15,330. If this downward trend in gold prices persists throughout the remainder of the month, it will mark the first instance in 15 months where a single month has witnessed exclusively selling pressure in the gold market.
Pressure is currently evident in the silver market as well. On Friday, the price of silver stood at Rs 2,28,871 per kilogram. This week alone, silver prices have fallen by Rs 29,645. Prior to this, during the final week of January, silver prices had witnessed a decline of Rs 69,047..
SBI Hikes Interest Rates on FDs
Concurrently, SBI has raised interest rates on its Fixed Deposit (FD) schemes, a move that could prove to be a favorable opportunity for customers. Amidst these developments—and given the recent decline in gold and silver prices—this period may present an opportune moment for investors and the general public to purchase gold and silver, particularly if they are seeking long-term gains.