Gold Price Today: Gold gets even costlier a day before Karwa Chauth; prices reach new highs from Delhi to Chennai..

Gold prices in the country have seen an uptick on October 28. In the morning, the rates for both 24-carat and 22-carat gold rose across several cities. In the national capital, Delhi, the price of 24-carat gold has reached ₹143,450 per 10 grams. A day earlier, the price of gold in Delhi’s bullion market had fallen by ₹500. A stronger dollar and a softening of prices in global markets were the primary reasons for the weakness in domestic gold prices. Gold prices in the domestic market are expected to remain volatile in the near term.

In the international market, spot gold is trading at $4,055.14 per ounce. Investors are awaiting the outcome of the US Federal Reserve’s monetary policy meeting scheduled for October 28. During its September meeting, the US central bank had raised benchmark interest rates by 0.25 percent.

Gold rates in some major cities across the country:

Gold price in Delhi: In Delhi, the price of 24-carat gold is ₹143,450 per 10 grams, while the price of 22-carat gold is ₹131,510 per 10 grams.

Mumbai and Kolkata: In Mumbai and Kolkata, the price of 22-carat gold is ₹131,360 per 10 grams, while the price of 24-carat gold is ₹143,300 per 10 grams.

Gold price in Chennai: The price of 24-carat gold is ₹143,300 per 10 grams, and the price of 22-carat gold is ₹131,360 per 10 grams.

Prices in Pune and Bengaluru: In both these cities, the price of 24-carat gold is ₹143,300 per 10 grams, and the price of 22-carat gold is ₹131,360 per 10 grams.

City    Today’s Price of 22-Carat Gold (₹)    Today’s Price of 24-Carat Gold (₹)
Delhi            131510                                  143450
Mumbai       131360                                  143300
Ahmedabad    131410                              143300
Chennai      131360                                  143300
Kolkata      131360                                   143300
Hyderabad    131360                                143300
Jaipur         131510                                  143450
Bhopal        131410                                  143300
Lucknow      131510                                  143450
Chandigarh    131510                              143450

Silver Trends

The downward trend for the other precious metal, silver, continues. On the morning of October 28, silver is priced at ₹219,900 per kilogram. A day earlier, the price of silver in the Delhi bullion market had dropped by ₹4,000. In January of this year, the price of silver within the country had reached a record high of ₹4 lakh per kilogram. In the international market, the price of spot silver stands at $54.20 per ounce.

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