Gold and Silver Price Today in India (27 May 2026): Gold 24K at ₹15,724/g, Silver Slips on Iran Fears
Gold prices in India edged slightly lower on Wednesday, 27 May 2026, with 24 carat gold trading at ₹15,724 per gram (₹1,57,240 per 10g) in Delhi, down ₹410 or 0.26% from the previous session. Silver rate today fell more sharply, declining 0.75% to ₹268 per gram (₹2,68,010 per kg) in Delhi.
The mild softening in gold was partly cushioned by a weakening US dollar, while silver faced heavier selling pressure driven by escalating Middle East geopolitical concerns and rising inflation expectations. MCX gold futures started Wednesday with marginal gains before pulling back, while MCX silver futures extended Tuesday's losses.
Key Highlights
| Metric | Details |
|---|---|
| Gold 24K (Delhi) | ₹15,724/g | ₹1,57,240/10g | Down 0.26% |
| Gold 22K (Delhi) | ₹14,414/g | ₹1,44,137/10g | Down 0.26% |
| Silver 999 Fine (Delhi) | ₹268/g | ₹2,68,010/kg | Down 0.75% |
| MCX Gold (June contract) | ₹1,57,018/10g | Down 0.38% | Intraday high ₹1,57,898 | Low ₹1,56,808 |
| MCX Silver (July contract) | ₹2,68,232/kg | Down 0.89% | Intraday high ₹2,72,628 | Low ₹2,66,080 |
| Main driver | Middle East tensions (US military action near Iran) + inflation fears keeping rate-cut hopes subdued |
| Dollar impact | Slightly weaker dollar offered limited support to gold; rupee relatively stable |
| Global trigger | COMEX gold at $4,487.50/oz (–0.33%); COMEX silver at $75.64/oz (–1.26%) |
| Month-on-month | 24K gold up ~3.7% vs late April; silver up ~10.5% |
| Year-on-year | 24K gold up ~65%; silver up ~175% |
Gold Price Today in India (27 May 2026)
Gold rate today across all major karats, as published by domestic bullion associations (Delhi rates, updated 15:25 IST):
| Karat | Purity | Per Gram (₹) | Per 10 Gram (₹) | Per 100 Gram (₹) |
|---|---|---|---|---|
| 24K (999) | 99.99% | 15,724 | 1,57,240 | 15,72,400 |
| 22K (916) | 91.67% | 14,414 | 1,44,137 | 14,41,367 |
| 20K (833) | 83.33% | 13,103 | 1,31,033 | 13,10,333 |
| 18K (750) | 75.00% | 11,793 | 1,17,930 | 11,79,300 |
Daily change: –0.26% (–₹410/10g vs previous close of ₹1,57,650)
Month-on-month: 24K gold is up approximately 3.71% from ₹1,51,610 on 27 April 2026.
Year-on-year: 24K gold has risen approximately 65.05% from ₹95,270 on 27 May 2025 — a gain of over ₹61,970 per 10 grams in twelve months.
Note: Bullion association rates reflect local taxes, making spot and MCX prices vary.
Silver Price Today in India
Silver rate today (Delhi, updated 15:25 IST):
| Grade | Purity | Per Gram (₹) | Per Kg (₹) | Per 10g (₹) |
|---|---|---|---|---|
| Silver 999 Fine | 99.99% | 268 | 2,68,010 | 2,680 |
| Silver 925 Sterling | 92.50% | 248 | 2,47,909 | 2,479 |
| Silver 900 Coin | 90.00% | 241 | 2,41,209 | 2,412 |
| Silver 800 German | 80.00% | 214 | 2,14,408 | 2,144 |
Daily change: –0.75% (–₹2,030/kg vs previous close of ₹2,70,040)
Month-on-month: Silver 999 is up ~10.48% from ₹2,42,580 per kg in late April 2026.
Year-on-year: Silver 999 has surged ~175% from ₹97,380 per kg on 27 May 2025, an extraordinary gain driven by industrial demand, record ETF inflows, and supply constraints.
City-Wise Gold and Silver Rates Today
Gold 24K and Silver 999 rates across major Indian cities (27 May 2026). Rates reflect local bullion association prices inclusive of state-specific taxes. MCX-based rates will differ.
| City | Gold 24K (₹/10g) | Gold 22K (₹/10g) | Silver 999 (₹/kg) | Change (Gold) |
|---|---|---|---|---|
| Delhi | 1,57,240 | 1,44,137 | 2,68,010 | –0.26% |
| Kolkata | 1,57,300 | 1,44,192 | 2,68,110 | –0.26% |
| Mumbai* | 1,53,520 | 1,40,727 | 2,47,720 | — |
| Chennai* | 1,53,060 | 1,40,305 | 2,44,500 | — |
| Hyderabad† | ~1,57,200 | ~1,44,100 | ~2,67,800 | –0.26% |
| Bengaluru† | ~1,57,200 | ~1,44,100 | ~2,67,800 | –0.26% |
| Pune† | ~1,57,200 | ~1,44,100 | ~2,67,800 | –0.26% |
| Ahmedabad† | ~1,57,100 | ~1,44,000 | ~2,67,600 | –0.26% |
| Jaipur† | ~1,57,200 | ~1,44,100 | ~2,67,800 | –0.26% |
*Mumbai and Chennai rates as last published by local associations (may reflect a prior session). †Approximate rates derived from MCX movement and comparable market data.
City-to-city differences reflect local state taxes (VAT, octroi, logistics). Southern and western markets (Chennai, Mumbai) tend to price slightly lower due to differing association conventions.
Muskaan Kapoor
MCX Gold and Silver Prices Today
Live MCX data as of 15:25 IST, 27 May 2026:
| Contract | Price (₹) | Change | Change % | High | Low | Prev. Close |
|---|---|---|---|---|---|---|
| MCX Gold June 2026 | 1,57,018 | –598 | –0.38% | 1,57,898 | 1,56,808 | 1,57,616 |
| MCX Silver July 2026 | 2,68,232 | –2,396 | –0.89% | 2,72,628 | 2,66,080 | 2,70,628 |
What drove MCX movement today: MCX gold and silver both opened with modest gains early Wednesday, supported by a weaker dollar and cautious optimism around US-Iran peace talks. However, both metals gave up early gains through the session as Middle East tensions resurfaced and inflation fears tempered safe-haven appetite. Silver underperformed relative to gold — consistent with its higher volatility and dual role as an industrial and monetary metal.
Domestic vs COMEX divergence: MCX gold tracked COMEX directionally but domestic rates diverged slightly due to the rupee's relative stability. The rupee's modest firmness against the dollar softened the imported-cost component, contributing to a smaller domestic decline compared to COMEX's percentage drop.
Global Gold and Silver Prices Today
| Instrument | Price | Change | Change % |
|---|---|---|---|
| COMEX Gold (spot, $/oz) | 4,487.50 | –14.80 | –0.33% |
| COMEX Silver (spot, $/oz) | 75.64 | –0.97 | –1.26% |
| COMEX Gold (intraday high) | 4,528.10 | — | — |
| COMEX Gold (intraday low) | 4,473.40 | — | — |
| COMEX Silver (intraday high) | 77.90 | — | — |
| COMEX Silver (intraday low) | 74.90 | — | — |
Earlier in the session, spot gold had touched $4,516.76 and silver $77.40 before both metals sold off. The US dollar index remained under mild pressure, which offered gold a floor, without which the decline would likely have been steeper. US crude oil continued to trade near the $100/barrel mark, keeping inflation expectations elevated and limiting the case for Fed rate cuts, which in turn weighed on precious metals.
Why Gold and Silver Prices Fell Today
Both metals faced a mixed session, early gains reversed during the afternoon as the following factors dominated:
1. Middle East Military Escalation: Reports emerged that the US military struck missile launch sites and naval vessels in southern Iran. Despite ongoing diplomatic negotiations between Washington and Tehran, the possibility of broader military conflict raised fears of sustained energy price inflation. Higher oil prices translate to persistent inflation, which delays rate cuts, a headwind for non-yielding assets like gold and silver.
2. Federal Reserve Policy Caution: Fed officials maintained a cautious tone. Richmond Fed President Thomas Barkin signalled that current monetary policy is adequately calibrated to handle economic shocks but warned of continued uncertainty around inflation and growth. Markets are awaiting the upcoming US PCE inflation data for clearer guidance on the Fed's next steps. Reduced expectations for near-term rate cuts weighed on bullion.
3. Silver's Industrial Demand Paradox: Silver faces a conflicting dynamic: record Chinese imports (836 metric tonnes in March 2026, nearly triple the seasonal average) and strong photovoltaic sector demand underpin fundamentals, yet elevated interest rate expectations have suppressed investment appetite for the metal as a financial asset. This tug-of-war has made silver more volatile than gold this week.
4. India's Import Restrictions on Silver: India recently imposed new restrictions on silver imports across certain categories to manage rupee pressure and contain a widening import bill. India's silver imports had reached a record $12 billion in FY2025-26. The policy shift may moderate domestic demand momentum near term.
5. Dollar Weakness, A Partial Offset for Gold: The US dollar's softness provided mild support to gold specifically. A weaker dollar makes dollar-denominated precious metals relatively cheaper for international buyers. This limited gold's downside even as silver fell more sharply.
Gold and Silver Price Trend - Last 7 Days
| Metal | 7 Days Ago (20 May) | Today (27 May) | 7-Day Change |
|---|---|---|---|
| Gold 24K (₹/10g, Delhi) | 1,60,190 | 1,57,240 | –1.84% |
| Silver 999 (₹/kg, Delhi) | 2,73,540 | 2,68,010 | –2.02% |
Both metals have pulled back over the past week following a strong April-May rally. The week's weakness has been concentrated in silver, which is more sensitive to rate expectations and industrial risk sentiment.
Key support/resistance levels (MCX):
| Metal | Support 1 | Support 2 | Resistance 1 | Resistance 2 |
|---|---|---|---|---|
| Gold | ₹1,57,018 | ₹1,56,650 | ₹1,59,350 | ₹1,60,300 |
| Silver | ₹2,68,605 | ₹2,66,585 | ₹2,73,685 | ₹2,76,745 |
Short-term trend: Mildly bearish to sideways for gold; bearish near-term for silver. Both metals remain in a long-term uptrend on the annual chart (+65% and +175% respectively year-on-year), but the near-term momentum has faded as geopolitical risk becomes inflationary rather than safe-haven-positive.
What Could Move Gold and Silver Prices Next?
The next major catalysts to watch:
| Event / Indicator | Expected Impact |
|---|---|
| US PCE Inflation Report (upcoming) | Key Fed benchmark; higher reading = bearish for metals |
| Fed officials' speeches (Jefferson, Cook) | Rate policy signals; dovish tone = bullish |
| US-Iran diplomatic progress | De-escalation could pressure gold; escalation lifts both |
| Crude oil ($100 level) | If oil surges further, inflation concerns mount, capping metals |
| Dollar Index direction | Dollar weakness supports gold/silver; strength is a headwind |
| China silver import data | Sustained high imports would be bullish for silver |
| India import policy updates | Further silver restrictions could dampen domestic premium |
FAQs
What is the gold price today in India?
The gold price today in India is ₹15,724 per gram for 24 carat gold and ₹14,414 per gram for 22 carat gold (Delhi rates, 27 May 2026). Per 10 grams, 24K gold stands at ₹1,57,240 and 22K gold at ₹1,44,137.
What is the 24 carat gold price today?
24 carat gold price today in India is ₹15,724 per gram or ₹1,57,240 per 10 grams in Delhi. 24K gold is 99.99% pure and is also referred to as Gold 999. MCX gold June futures are trading at ₹1,57,018 per 10 grams.
What is the silver price today in India?
Silver price today in India is ₹268 per gram for Silver 999 Fine (99.99% pure), equivalent to ₹2,68,010 per kilogram in Delhi. Sterling silver (925) is at ₹248/g (₹2,47,909/kg). MCX silver July futures are at ₹2,68,232/kg.
What is the MCX gold price today?
MCX gold June 2026 futures are trading at ₹1,57,018 per 10 grams as of 15:25 IST on 27 May 2026, down ₹598 (–0.38%) from the previous close of ₹1,57,616. Intraday high was ₹1,57,898 and intraday low ₹1,56,808.
