Gold and Silver Prices in India Today, 28 July 2026: 24K Gold Rate Falls to ₹1,42,810, Silver Price Drops to ₹2,18,170 on Profit Taking
Gold and silver rates today in India, 28 July 2026: 24K gold fell 0.71% to ₹1,42,810 per 10g and silver dropped 1.63% to ₹2,18,170 per kg on profit taking ahead of the US Fed meeting. Check city wise gold and silver rate today and MCX data.
Gold and silver prices fell in India today. As of 1:25 PM IST, 24K gold is at ₹1,42,810 per 10 grams, down 0.71% from yesterday's ₹1,43,830. Silver 999 Fine dropped to ₹2,18,170 per kg, down 1.63% from ₹2,21,780. MCX gold fell 0.68%, and MCX silver dropped a sharper 1.62%. Comex gold slipped 0.66% to $4,050 per ounce and Comex silver fell 1.84% to $57.63. Today's fall comes after a strong run last week. Profit-taking and a mild shift in global mood are the main reasons behind the dip.
City Wise Gold and Silver Rate Today in India, 28 July 2026
| City | 22K Gold (per 10g) | 24K Gold (per 10g) | Silver (per kg) |
|---|---|---|---|
| Delhi | ₹1,30,909 | ₹1,42,810 | ₹2,18,170 |
| Mumbai | ₹1,30,759 | ₹1,42,650 | ₹2,18,170 |
| Chennai | ₹1,32,339 | ₹1,44,330 | ₹2,18,170 |
| Hyderabad | ₹1,30,759 | ₹1,42,650 | ₹2,18,170 |
| Bengaluru | ₹1,30,759 | ₹1,42,650 | ₹2,18,170 |
| Kolkata | ₹1,30,759 | ₹1,42,650 | ₹2,18,170 |
| Pune | ₹1,30,759 | ₹1,42,650 | ₹2,18,170 |
| Ahmedabad | ₹1,31,209 | ₹1,43,150 | ₹2,18,170 |
| Lucknow | ₹1,30,909 | ₹1,42,810 | ₹2,18,170 |
| Jaipur | ₹1,30,909 | ₹1,42,810 | ₹2,18,170 |
Rates are indicative bullion prices for 28 July 2026. Jewellery prices add making charges and GST. Chennai typically carries a premium over other cities.
Muskaan Kapoor
Gold Price Today: What Changed
Gold fell 0.71% today to ₹1,42,810 per 10 grams. MCX gold dropped ₹970 or 0.68% to ₹1,42,093 per 10 grams. The session high was ₹1,42,353, and the low was ₹1,41,681. Comex gold slipped 0.66% to $4,050 per ounce, with a high of $4,085.70 and a low of $4,034.60.
Today's fall is mild and comes after a strong recovery week. Gold is still up slightly from a week ago, down just 0.52% from ₹1,43,550 on 21 July. The monthly comparison shows gold down 1.23% from ₹1,44,590 a month ago. Year on year, gold remains strongly up at 45.67% from ₹98,040. Today's dip does not change the broader positive trend.
| Period | 24K Gold Rate (per 10g) | Change |
|---|---|---|
| Today (28 July 2026) | ₹1,42,810 | — |
| Yesterday (27 July 2026) | ₹1,43,830 | 🔴▼ Down 0.71% |
| One Week Ago (21 July 2026) | ₹1,43,550 | 🔴▼ Down 0.52% |
| One Month Ago (28 June 2026) | ₹1,44,590 | 🔴▼ Down 1.23% |
| One Year Ago (28 July 2025) | ₹98,040 | 🟢▲ Up 45.67% |
Silver Rate Today: What Changed
Silver fell 1.63% today to ₹2,18,170 per kg. MCX silver dropped ₹3,573 or 1.62% to ₹2,17,600 per kg. The session high was ₹2,20,555, and the low was ₹2,16,347. Comex silver fell a sharper 1.84% to $57.63 per ounce, with a high of $58.83 and a low of $56.90.
Silver is down 2.72% from a week ago and 2.50% from a month ago. Both comparisons are modestly negative, showing silver has given back some of last week's strong gains. Despite today's fall, silver is up 92.49% from a year ago. The long-term picture remains very positive.
| Period | Silver 999 Rate (per kg) | Change |
|---|---|---|
| Today (28 July 2026) | ₹2,18,170 | — |
| Yesterday (27 July 2026) | ₹2,21,780 | 🔴▼ Down 1.63% |
| One Week Ago (21 July 2026) | ₹2,24,280 | 🔴▼ Down 2.72% |
| One Month Ago (28 June 2026) | ₹2,23,770 | 🔴▼ Down 2.50% |
| One Year Ago (28 July 2025) | ₹1,13,340 | 🟢▲ Up 92.49% |
MCX Gold and Silver Rate Today
| Metal | MCX Price | Change | High | Low |
|---|---|---|---|---|
| Gold (per 10g) | ₹1,42,093 | 🔴▼ Down ₹970 (−0.68%) | ₹1,42,353 | ₹1,41,681 |
| Silver (per kg) | ₹2,17,600 | 🔴▼ Down ₹3,573 (−1.62%) | ₹2,20,555 | ₹2,16,347 |
Source: Bullions.co.in. Last updated 28 Jul 2026, 13:25 IST.
Silver is falling faster than gold again today, which is typical when profit taking kicks in after a sharp rally. MCX silver touched a low of ₹2,16,347 during the session before recovering somewhat. Comex silver's 1.84% fall versus gold's 0.66% reflects the same dynamic globally. The key level to watch on MCX gold is ₹1,41,500. If that holds through the rest of the day, today's dip remains a minor correction within a broader recovery.
Why Gold and Silver Prices Fell Today
- Profit Taking After Last Week's Rally: Gold and silver staged a strong recovery last week, rising 2% to 3% from their lows. Today, traders are selling to lock in those gains. This is the most straightforward reason for today's fall.
- Comex Silver Falls Below $58: Comex silver dropped to a low of $56.90 today. This is back toward the lower end of the recent trading range and signals that silver's recovery above $60 last week did not hold.
- US Fed Meeting This Week: The US Federal Reserve meeting is scheduled for this week. Markets are cautious ahead of the outcome. Any hint of a rate hike could push prices lower. Traders are reducing risk positions before the announcement.
- No Fresh Positive Trigger: There is no new bullish news today for gold or silver. In the absence of a fresh catalyst, profit booking is driving the move.
FAQs
What is the gold rate today in India on 28 July 2026?
24K gold is at ₹1,42,810 per 10 grams today, down 0.71% from yesterday's ₹1,43,830. 22K gold is at ₹1,30,909 per 10 grams. These are indicative bullion rates as of 1:25 PM IST. Jewellery prices at local shops will be higher due to making charges and GST.
What is the silver rate today in India on 28 July 2026?
Silver 999 Fine is at ₹2,18,170 per kg today, down 1.63% from yesterday's ₹2,21,780. MCX silver is at ₹2,17,600 per kg as of 1:25 PM IST. Comex silver fell to a low of $56.90 per ounce during today's session.
Why is the US Fed meeting important for gold and silver prices this week?
The US Federal Reserve sets interest rates for the world's largest economy. When rates go up, gold and silver become less attractive since they pay no interest. When the Fed pauses or cuts rates, gold and silver tend to rise. This week's Fed meeting outcome will be a key trigger. A dovish signal could push gold back toward ₹1,45,000 and above, while a hawkish signal could pull prices down further.
