Gold and Silver Rates Today On August 28: Check the Latest Gold Rates in Your City

Gold and Silver Rates Today On August 28

Gold and Silver Rates Today On August 28: The gold prices in India today have slightly decreased compared to last day’s gold rates. On Wednesday, August 28 the 22-carat gold rate today in India stands at Rs 66,930 per 10 grams while the 24-carat gold rate today cost Rs 73,020 per 10 grams.

The gold price for 22-carat has decreased by Rs 20 while the price of 24-carat gold also went down by Rs 20.

Meanwhile, the 22-carat gold rate per gram stands at Rs 6,711, and the 24-carat gold price today costs Rs 7,326 per gram.

The silver price today in India has increased by Rs 700 in the last 24 hours and stands at Rs 88,600 per kilogram.

In the MCX, the gold futures maturing in October 2024 were increased by Rs 104 and were trading at Rs 72,018 per 10 gm while the silver futures were trading at 85,325 per kg with a jump of Rs 333.

Let’s check out the current gold prices prevailing in the different cities in India:

Also Read: Top Stocks to Watch On August 28: LTIMindtree, Wipro, ICICI Prudential, Airtel, Zydus Lifesciences, NBCC India, Kirloskar Brothers, Jio Financial Services, and UPL

The last massive gold and silver price fluctuation was recorded after the announcement of the Union Budget 2024 on 23rd July which reduced the excise duty tax imposed on gold and silver from 15% to 6%.

This announcement from the Finance Minister led to a massive decline of Rs 4000 in gold and silver rates on the next day.

Also Read: Gold and Silver Rates Today On August 26: Check the Latest Gold Rates in Your City