Gold, Silver Prices Surge Today: Check 22K, 24K Rates in Your City on March 7

• Gold and silver prices in India rose on March 7, driven by increased buying in the spot market.
• In Mumbai, 24K gold reached Rs 1,63,640 per 10 grams, while 22K gold was Rs 1,50,000 per 10 grams.
• Internationally, US spot gold was up 1.15% at $5,181.30 per ounce, despite a weekly decline.
• Geopolitical risks, particularly the Iran-US/Israel conflict, and a weaker dollar are supporting gold prices.
• Indian gold rates are influenced by international market prices, import duties, taxes, and exchange rate fluctuations.