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Business / Tue, 28 May 2024 News18

Gold Rate Rises In India: Check 22 Carat Price In Your City On May 28

Gold Rate Today In India: On May 28, the price of 10 grams of gold remained steady at approximately Rs 72,000. Pure 24-carat gold was priced at Rs 72,720 per 10 grams, while 22-carat gold held stable at around Rs 66,660. Gold rate today in India: Retail gold price on May 28Check gold rates today in different cities on May 28, 2024; (In Rs/10 grams)City 22 Carat Gold Price 24-Carat Gold Price Delhi 66,810 72,870 Mumbai 66,660 72,720 Ahmedabad 66,710 72,770 Chennai 67,210 73,320 Kolkata 66,660 72,720 Gurugram 66,810 72,870 Lucknow 66,810 72,870 Bengaluru 66,660 72,720 Jaipur 66,810 72,870 Patna 66,710 72,770 Bhubaneshwar 66,660 72,720 Hyderabad 66,660 72,720Multi Commodity ExchangeOn May 28, 2024, the Multi Commodity Exchange (MCX) saw muted trading in gold futures contracts expiring on June 5, 2024, and was trading down. Retail Cost of GoldThe retail price of gold in India, reflecting the final cost per unit weight for consumers, is affected by several factors beyond the metal’s intrinsic value. Gold holds considerable cultural significance in India, serving as a key investment and playing an essential role in traditional weddings and festivals.

Gold Rate Today In India: On May 28, the price of 10 grams of gold remained steady at approximately Rs 72,000. Pure 24-carat gold was priced at Rs 72,720 per 10 grams, while 22-carat gold held stable at around Rs 66,660. In contrast, the silver market saw an upward trend, with prices increasing to Rs 93,100 per kilogram.

Gold rate today in India: Retail gold price on May 28

Check gold rates today in different cities on May 28, 2024; (In Rs/10 grams)

City 22 Carat Gold Price 24-Carat Gold Price Delhi 66,810 72,870 Mumbai 66,660 72,720 Ahmedabad 66,710 72,770 Chennai 67,210 73,320 Kolkata 66,660 72,720 Gurugram 66,810 72,870 Lucknow 66,810 72,870 Bengaluru 66,660 72,720 Jaipur 66,810 72,870 Patna 66,710 72,770 Bhubaneshwar 66,660 72,720 Hyderabad 66,660 72,720

Multi Commodity Exchange

On May 28, 2024, the Multi Commodity Exchange (MCX) saw muted trading in gold futures contracts expiring on June 5, 2024, and was trading down. These contracts were priced at Rs 71,910 per 10 grams. Silver futures contracts expiring on July 5, 2024, were quoted at Rs 94,640 on the MCX.

Retail Cost of Gold

The retail price of gold in India, reflecting the final cost per unit weight for consumers, is affected by several factors beyond the metal’s intrinsic value.

Gold holds considerable cultural significance in India, serving as a key investment and playing an essential role in traditional weddings and festivals.

Amid ongoing market fluctuations, investors and traders closely monitor these dynamics. Stay tuned for further updates on this evolving story.

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