Gold Price Today: Yellow Metal Falls Marginally; Check City-Wise Rates Across Cities

Gold and Silver Rates Today, November 28: Gold prices on Friday saw a marginal decline. In Delhi, the price of 24-carat gold stood at Rs 1,27,890 per 10 grams, while 22k gold was available at Rs 1,17,240 per 10 grams.

Silver traded Rs 100 higher on Friday at Rs 1,73,000 per kg.

Gold continues to be regarded as a safe and stable asset & will remain a viable long-term investment opportunity for those looking to hold onto their original purchase price over a longer period of time, according to Aksha Kamboj, Vice President, India Bullion & Jewellers Association (IBJA) and Executive Chairperson, Aspect Global Ventures.

“Given the stability seen currently in the foreign exchange market, it appears that Gold is providing both stability & a sense of security

& therefore, gold would be a great choice for an investor interested in investing long-term instead of solely for immediate or short-term returns,” she added.

What Is The Price Of 22kt, 24kt Gold Rates Today In India Across Key Cities On November 28?

City	22K Gold (per 10gm)	24K Gold (per 10gm)
Delhi	Rs 1,17,240	Rs 1,27,890
Jaipur	Rs 1,17,240	Rs 1,27,890
Ahmedabad	Rs 1,17,600	Rs 1,27,790
Pune	Rs 1,17,600	Rs 1,27,790
Mumbai	Rs 1,17,090	Rs 1,27,740
Hyderabad	Rs 1,17,090	Rs 1,27,740
Chennai	Rs 1,17,090	Rs 1,27,740
Bengaluru	Rs 1,17,090	Rs 1,27,740
Kolkata	Rs 1,17,090	Rs 1,27,740

International Gold Prices Today

In the international market, US spot gold lost 0.25 per cent to trade at USD 4,157 per ounce as of 09:30 AM IST.

Silver traded at USD 53.55 per ounce.

What Factors Affect Gold Prices In India?

International market rates, import duties, taxes, and fluctuations in exchange rates primarily influence gold prices in India. Together, these factors determine the daily gold rates across the country.

In India, gold is deeply cultural and financial. It is a preferred investment option and is key to celebrations, particularly weddings and festivals.

With constantly changing market conditions, investors and traders monitor fluctuations closely. Staying updated is crucial for effectively navigating dynamic trends.