Gold And Silver Price Today— Check Prices In Mumbai, Bengaluru, Delhi, Chennai And More
Gold price in India fell to Rs 95,600 per 10 grams as of 6:56 a.m. on May 28, according to the India Bullion Association.
The gold rate in the United States was trading steady at $3,305.60 per ounce in the green.
Notably the precious metal has been steadily climbing to record highs over the past six months, and it hit an all-time high of $3,500 on April 22. Gold prices crossed the $3,500-an-ounce mark for the first time ever in April.
Rates in New Delhi also saw a fall at Rs 95,270 per 10 grams, according to the association. The price in Mumbai was lower at Rs 95,430. In Kolkata, the rate fell to Rs 95,300. While in Bengaluru, the rate was at 95,510. With the price at Rs 95,710, Chennai continued to see the highest rate in the country.
Silver Price
Silver in India was trading at Rs 97,730 per kg on Wednesday. The price was Rs 98,300 on Tuesday. The commodity has crossed the Rs 1 lakh mark multiple times in the past couple of months, according to the India Bullion Association. Strong industrial demand for silver, fuelled by its importance in renewable energy technologies and electronics, has been driving the surge.
In the United States, Silver was trading at $33.39 an ounce.
Futures
June 5 Futures for the yellow metal saw a 0.02% decline to Rs 95,125, as per Multi Commodity Exchange. Silver futures for July 4 also saw a slight 0.01% fall to Rs 97,465.
-
Talking Points This Week: Tech Nerves, FII Buying, And A Faraway Banking Shock
The global markets are not shining this Diwali. The exception in the large markets is, India.
-
Midterm Rally Lasted A Day. The Hard Reality Of A Divided US May Last Two Years | Opinion
Between a contested AI boom, a debt ceiling that arrives in 2027 and a president with every incentive to act alone, the next two years may prove more volatile than the first day's rally suggests.
-
Blue Wave Will Derail the AI Trade but Won't Dismantle the AI Era | Unhedged Position
The Democrats' sweep of the US Congress will see politics collide with economic forces both over the long and short term.
-
It's Time To Take The GST Council's Bet On Trust Global
Payment records can prove India's services exports, and clear, proportionate rules can bring foreign digital sellers into the tax net.
-
Opinion | India at 38: From Innovation Overperformer to Innovation Powerhouse
India now has 453 VC-backed deep science startups, 18 of them late-stage, after 117 percent growth since 2020. Laurus Labs, at USD 9.3 billion, is the most valuable deep science company in any middle-income economy outside China.
-
Navigating Energy Crossroads: S Jaishankar's Call For Diversified Supply Chains At G20 Ministerial Meeting
As geopolitical fault lines continue to test maritime trade routes and commodity flows, Jaishankar's message remains pertinent: true economic resilience requires open markets, protected transit lines, and a genuine commitment to multilateral cooperation rather than coercion.
-
Indians Are Travelling, But Not Every Journey Is A Holiday | The Week In Whys
Pilgrims, patients and working women are the real travellers, and the system hasn't quite caught up with them.
-
Getting To Work Costs Women More | The Reason Why
It is not just about women paying more than men. It is about women paying much more in cities than in villages.
-
AI Bias In Investing Cannot Be Eliminated, But It Can Be Governed
Framing is a particularly important example as identical financial information presented in terms of gains rather than losses can lead an LLM to reach a different assessment.
