Gold and Silver Prices in India Today, 28 October 2026: Gold at ₹144,290, Silver at ₹196,060 as Both Dip

24K gold is trading at ₹144,290 per 10 grams today, down 0.14% from yesterday. Silver is at ₹196,060 per kilogram, down 0.50%. MCX gold slipped 0.16% to ₹143,905 per 10g, while MCX silver fell 0.60% to ₹195,529 per kg. Comex gold lost 0.33% to $4,061.00 an ounce and Comex silver dropped 0.79% to $54.08, so Indian prices are following the global dip. These are small moves. Gold is down 1.42% over the week and 2.02% over the month, while silver has lost 6.42% over the week and 13.81% over the month. Silver remains the weaker metal as the market waits for a clearer direction.

City Wise Gold and Silver Rate Today in India, 28 October 2026

Note: Jewellery prices add making charges and GST on top. Delhi has the highest gold rate today, and the other cities are level. Silver is priced almost the same across these cities, close to the national rate of ₹196,060 per kg.

Gold Price Today: What Changed

24K gold is at ₹144,290 per 10g today. On MCX, gold is at ₹143,905 per 10g, down ₹233, or 0.16%. The session high was ₹143,985 and the low was ₹143,321. Comex gold is at $4,061.00 an ounce, down 0.33% on the day.

Gold is down 1.42% over the past week and 2.02% over the past month. It is still up more than 20% over the past year.

Silver Rate Today: What Changed

Silver is at ₹196,060 per kg today. On MCX, silver is at ₹195,529 per kg, down ₹1,188, or 0.60%. The session high was ₹196,010 and the low was ₹194,853. Comex silver is at $54.08 an ounce, down 0.79% on the day.

Silver has fallen much harder than gold. It is down 6.42% over the past week and 13.81% over the past month. It is still up more than 35% over the past year.

MCX Gold and Silver Rate Today

Gold Futures

Silver Futures

Source: Bullions.co.in, last updated 28 October 2026, 13:45 IST.

MCX gold is trading in a tight range, only about ₹660 between its high and low. MCX silver is also near the top of its range, though it is still lower on the day. Both metals look steady after the sharp fall of recent weeks.

Key Reasons Behind Today's Price Move

Here is what is driving prices today:

• Comex Silver Slips 0.79%: Silver on Comex eased to $54.08 an ounce, the larger fall of the two Comex metals.
• Comex Gold Dips 0.33%: Gold on Comex eased to $4,061.00 an ounce, a small fall.
• MCX Silver Drops 0.60%: MCX silver fell ₹1,188 to ₹195,529 per kg, in step with Comex.
• MCX Gold Barely Moves: MCX gold slipped only 0.16% and held a narrow range of about ₹660.
• Monthly Slump Weighs on Silver: Silver is down 13.81% over the month, against 2.02% for gold.

Should You Buy Gold or Silver Now

Gold is up more than 20% over the past year, even after a 2.02% fall over the past month. Silver is up more than 35% over the year, but it has lost over 13% in a month.

Small moves like these rarely change the bigger picture.

A staged approach works best. Spread your purchase across a few sessions over the next two to three weeks. This is safer than buying everything at once, as prices can move either way before Diwali, and festive demand may add some support later.

Whatever you buy, check for a BIS hallmark with a six digit HUID number on gold jewellery. For silver, look for a 999 or 925 purity mark before you pay.

FAQs

Why are gold and silver prices slightly lower in India today, 28 October 2026?

Comex gold fell 0.33% and Comex silver fell 0.79%, and MCX followed with losses of 0.16% and 0.60%. The moves are small.

Is silver still weaker than gold this week?

Yes. Silver is down 6.42% over the week and 13.81% over the month, while gold is down 1.42% and 2.02%.

Is it a good time to buy gold or silver before Diwali?

Gold is up more than 20% over the year and silver is up more than 35%, but both are lower than a month ago. A staged purchase over a few sessions is safer than buying all at once.