Gold and Silver Prices
Gold and Silver price come down from the top. From the someday Gold and Silver price making its all time high, now the price of both metal come down. Below the details of silver and gold price today. This data taken from the Indian Bullion Association (IBA).
According to the Indian Bullion Association (IBA), as of 8:17 AM on March 28:
24-carat gold is priced at ₹88,900 per 10 grams.
22-carat gold is priced at ₹81,492 per 10 grams.
Gold prices have remained stable over the past 24 hours.
On the MCX index, the price of gold in India is ₹88,445 per 10 grams, reflecting an increase of ₹61 from the previous day.
As of 9 AM on March 28, silver prices are:
Silver (999 Fine): ₹1,01,670 per kg, unchanged from the previous 24 hours.
Silver (900 Coin): ₹91,503 per kg.
On the MCX index, silver prices have risen by ₹86 to ₹1,01,399 per kg.
Gold and Silver Prices in Major Indian Cities
We also take a look at the latest gold and silver prices in metro cities like Delhi, Mumbai, Chennai, Kolkata, and Hyderabad.
Gold and Silver Prices in Delhi
Gold price: ₹88,580 per 10 grams
MCX Gold price: ₹88,445 per 10 grams
Silver price: ₹1,01,310 per kg
MCX Silver price: ₹1,01,399 per kg
Gold and Silver Prices in Mumbai
Gold price: ₹88,740 per 10 grams
MCX Gold price: ₹88,445 per 10 grams
Silver price: ₹1,01,480 per kg
MCX Silver price: ₹1,01,399 per kg
Gold and Silver Prices in Chennai
Gold price: ₹88,990 per 10 grams
MCX Gold price: ₹88,445 per 10 grams
Silver price: ₹1,01,780 per kg
MCX Silver price: ₹1,01,399 per kg
Gold and Silver Prices in Hyderabad
Gold price: ₹88,880 per 10 grams
MCX Gold price: ₹88,445 per 10 grams
Silver price: ₹1,01,640 per kg
MCX Silver price: ₹1,01,399 per kg
Gold and Silver Prices in Kolkata
Gold price: ₹88,620 per 10 grams
MCX Gold price: ₹88,445 per 10 grams
Silver price: ₹1,01,350 per kg
MCX Silver price: ₹1,01,399 per kg
Gold and Silver Prices in Bengaluru
Gold price: ₹88,810 per 10 grams
MCX Gold price: ₹88,445 per 10 grams
Silver price: ₹1,01,560 per kg
MCX Silver price: ₹1,01,399 per kg
Key Factors Influencing Gold Prices in India
Gold prices in India are influenced by several factors, including:
Global Market Fluctuations: Changes in international gold prices impact Indian rates.
USD Strength: A stronger USD can increase gold prices in India.
Import Costs: Since India imports most of its gold, higher import costs raise prices.
Interest Rates on Fixed Deposits: Lower interest rates can lead to higher gold demand.
Economic Stability: Economic uncertainty often drives up gold prices.
Seasonal Prices: Festivals and weddings increase gold demand, affecting prices.
Inflation: High inflation boosts gold demand, leading to higher prices.
Demand and Supply: As with any product, gold prices rise when demand exceeds supply.
Note: Before going buy or sell Gold please check the price because the price of gold and silver is totally depending on market so it’s always changing, and should have know the knowledge of current price before buying the gold. And always buy Hallmark gold which is certified by the Government.
Disclaimer: These prices are based on market rates and may change. Investors should consult financial experts before making investment decisions. We are not giving any buy or sell advice.