"Similar to the February trend, we expect gold price momentum to rise in March as well," said Kaushik Das from Deutsche Bank.

Gold prices have risen more than $400 in 2025 and hit a record high of $3,167.57 on April 3, owing to strong safe-haven demand and central bank buying.

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Gold rate (22K per gram) in India today stands at Rs 8,305 in Delhi, Rs 8,290 in Mumbai, and Rs 8,229 in Ahmedabad.