As of March 28, the market for gold and silver remains stable, with prices reflecting a slight upward trend. According to the Indian Bullion Association (IBA), the cost of 24-carat gold stands at ₹88,900 per 10 grams, while 22-carat gold is valued at ₹81,492 per 10 grams. This consistent pricing indicates a steady demand for these precious metals in the Indian market.

Today’s Gold Prices

On the Multi Commodity Exchange (MCX), the price for gold is currently at ₹88,445 per 10 grams, an increase of ₹61 from the previous day. This suggests a resilient market for gold, which remains a popular choice among investors.

Current Silver Prices

In parallel, silver prices have also held steady. As of March 27, the rate for Silver 999 Fine is recorded at ₹1,01,670 per kilogram, while the Silver 900 Coin is priced at ₹91,503 per kilogram. The MCX shows a marginal increase, bringing the silver price to ₹1,01,399 per kilogram, up by ₹86.

Pricing Overview in Major Indian Cities

Here’s a snapshot of the gold and silver prices across key metro cities in India as of March 27:

• Delhi

  • Gold bullion: ₹88,580 per 10 gm
  • MCX Gold: ₹88,445 per 10 gm
  • Silver bullion: ₹101,310 per kg
  • MCX Silver: ₹1,01,399 per kg

• Mumbai

  • Gold bullion: ₹88,740 per 10 gm
  • MCX Gold: ₹88,445 per 10 gm
  • Silver bullion: ₹1,01,480 per kg
  • MCX Silver: ₹1,01,399 per kg

• Chennai

  • Gold bullion: ₹88,990 per 10 gm
  • MCX Gold: ₹88,445 per 10 gm
  • Silver bullion: ₹1,01,780 per kg
  • MCX Silver: ₹1,01,399 per kg

• Hyderabad

  • Gold bullion: ₹88,880 per 10 gm
  • MCX Gold: ₹88,445 per 10 gm
  • Silver bullion: ₹1,01,640 per kg
  • MCX Silver: ₹1,01,399 per kg

• Kolkata

  • Gold bullion: ₹88,620 per 10 gm
  • MCX Gold: ₹88,445 per 10 gm
  • Silver bullion: ₹1,01,350 per kg
  • MCX Silver: ₹1,01,399 per kg
• Bengaluru
  • Gold bullion: ₹88,810 per 10 gm
  • MCX Gold: ₹88,445 per 10 gm
  • Silver bullion: ₹1,01,560 per kg
  • MCX Silver: ₹1,01,399 per kg

Conclusion

The stability in gold and silver prices highlights the ongoing interest and investment in precious metals. With prices remaining consistent across major cities, investors can keep a close eye on market trends for any potential shifts. For more updates on financial news, stay tuned!