Gold Rate Today : Shining Bright: Gold and Silver Prices Today (August 28, 2023) Surge on Positive Metal Trade
In the wake of remarks made by Jerome Powell, Chair of the Federal Reserve of the United States, expressing concerns over inflation and hinting at potential interest rate hikes, precious metal futures (Gold Rate Today) demonstrated upward momentum on Monday.
As of the latest update, MCX gold futures for October 5 exhibited a rise of 0.14 percent, equivalent to Rs 80, reaching Rs 58,720 per 10 grams. Throughout the day’s trading session, the gold futures fluctuated between Rs 58,685 and Rs 58,730. Similarly, silver futures for September 5 recorded a marginal increase of Rs 26 or 0.04 percent, arriving at Rs 73,575 per kg.
Global Market Trends and Local Prices: Gold Update (August 28, 2023)
Internationally, COMEX gold saw a rise of 0.19 percent, reaching $1,943.5 per ounce.
Explore the indicative rates of spot gold across key Indian cities:
City-wise Gold Rate today (24k) in India for 10 grams:
- Mumbai: Rs 60,375
- Delhi: Rs 60,450
- Chennai: Rs 60,500
- Kolkata: Rs 60,515
- Bengaluru: Rs 60,520
- Hyderabad: Rs 60,480
- Ahmedabad: Rs 60,490
- Bhopal: Rs 60,370
- Visakhapatnam: Rs 60,480
- Jaipur: Rs 60,270
- Lucknow: Rs 60,315
- Coimbatore: Rs 60,480
- Madurai: Rs 60,535
