Gold Rate Today: Gold prices rose on the auspicious occasion of Ganpati Sthapana. On Wednesday, August 27, the price of gold in markets across the country increased by Rs 800 compared to yesterday. The price of 24-carat gold crossed Rs 1,02,000 per 10 grams, while 22-carat gold also crossed Rs 94,000 per 10 grams.
Silver market stable
Amid the rise in gold, silver prices remained stable. Silver is trading at Rs 1,20,000 per kg, and there was no change in it.
Impact of the Trump decision
The recent decision of US President Donald Trump is a major reason behind this rise in gold prices. Trump removed Federal Reserve Governor Lisa Cook from her post. This move raised questions about the independence of the central bank and increased uncertainty among investors. In such an environment, investors always turn to safe investments, and gold is traditionally considered the safest option.
Fears about interest rates
The possibility of interest rate cuts globally is also supporting gold prices. When the expectation of a reduction in interest rates increases, gold becomes more attractive, as it maintains its value despite not paying interest.
Weakness of the rupee and international signals
The fall in the rupee and positive signals from the international market also pushed gold to new heights. In a country like India, where the demand for gold always increases during festivals and weddings, the prices rise even more at such times.
Gold rates for 27 August 2025
In cities like Delhi, Jaipur, Noida, Ghaziabad, and Lucknow, 22-carat gold stood at Rs 94,050 per 10 grams and 24-carat gold at Rs 1,02,590. Whereas in Chennai, Mumbai, Kolkata, Patna, and Bangalore, the price of 22 carat was Rs 93,900, and the price of 24 carat was Rs 1,02,440.
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How is the price of gold decided in India?
Gold prices in India are directly linked to the international market. Import duty, tax, and dollar-rupee exchange rate play an important role in this. This is the reason why the price of gold fluctuates daily. In Indian culture, gold is an important means of investment and savings, along with jewelry. Its demand is highest during festivals and weddings.