Gold and silver rates hold steady across India; experts say precious metals remain attractive amid geopolitical concerns.
May 28, 2025: Gold and silver prices in India remained steady on May 28 as global markets showed a more stable trading scenario. Despite minor dips, experts continue to recommend these precious metals as safe-haven assets to help balance investment portfolios.
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Before making any investment decisions, it’s always advisable to consult your financial advisor to ensure alignment with your long-term financial goals.
Current Rates
On May 28, MCX gold was priced at ₹96,060/10 gm, and MCX silver slipped slightly to ₹97,943/kg. According to the Indian Bullion Association (IBA), 24-carat gold was at ₹96,190/10 gm and 22-carat at ₹88,174/10 gm, with silver priced at ₹97,690/kg.
Here’s a quick city-wise breakdown:
- New Delhi
- Gold bullion: ₹95,850/10 gm
- MCX gold: ₹96,060/10 gm
- Silver bullion: ₹97,340/kg
- MCX silver: ₹97,943/kg
- Mumbai
- Gold bullion: ₹96,020/10 gm
- MCX gold: ₹96,060/10 gm
- Silver bullion: ₹97,510/kg
- MCX silver: ₹97,943/kg
- Chennai
- Gold bullion: ₹96,290/10 gm
- MCX gold: ₹96,060/10 gm
- Silver bullion: ₹97,790/kg
- MCX silver: ₹97,943/kg
- Bengaluru
- Gold bullion: ₹96,090/10 gm
- MCX gold: ₹96,060/10 gm
- Silver bullion: ₹97,590/kg
- MCX silver: ₹97,943/kg
- Hyderabad
- Gold bullion: ₹96,130/10 gm
- MCX gold: ₹96,060/10 gm
- Silver bullion: ₹97,460/kg
- MCX silver: ₹97,943/kg
- Kolkata
- Gold bullion: ₹95,850/10 gm
- MCX gold: ₹96,060/10 gm
- Silver bullion: ₹97,170/kg
- MCX silver: ₹97,943/kg
Retail customers should note that additional making charges, taxes, and GST may increase the final bill at jewelry stores.
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gold prices, silver prices, bullion rates, investment, commodity market, Indian economy, safe haven, financial planning