Gold Price Today, 28 August 2026: Gold prices continue to fluctuate. Gold prices fell sharply just a day before Raksha Bandhan. Prior to the market opening today, the futures price for 24-carat gold on the Multi Commodity Exchange (MCX) had risen by 0.12%—an increase of ₹193—to stand at ₹1,59,189 per 10 grams. The Rakhi festival is being celebrated with great enthusiasm across the country on August 28.
However, gold rates declined as soon as the MCX market opened today. On the occasion of Raksha Bandhan, you might consider gifting your sisters a gold ring or a pair of gold earrings. Today, the average price of 24-carat pure gold in India is ₹1,62,970 per 10 grams, while 22-carat gold is ₹1,49,390 per 10 grams. So, if you plan to buy gold today, check the latest rates beforehand.
Silver Price
On the occasion of Raksha Bandhan (August 28, 2026), the average price of silver in the Indian bullion market ranges between ₹2,60,000 and ₹2,65,000 per kilogram. According to a GoodReturns report, the price of 1 gram of silver today is ₹259.90, whereas yesterday it was ₹260. Based on this, the price of 1 kilogram of silver stands at ₹2,59,900.
MCX Gold Rate
The Multi Commodity Exchange (MCX) saw a decline as soon as the market opened on August 28. Gold for October 5, 2026 delivery fell by 0.43% to reach ₹1,58,312 per 10 grams. Previously, at the market close, the gold price was ₹1,59,189 per 10 grams. In this scenario, the price of gold has dropped by ₹877.
Delhi Gold Rate
24-carat gold price – ₹1,63,130 per 10 grams
22-carat gold price – ₹1,49,540 per 10 grams
Mumbai Gold Rate
24-carat gold price – ₹1,63,130 per 10 grams
22-carat gold price – ₹1,49,540 per 10 grams
Bengaluru Gold Rate
24-carat gold price – ₹1,63,130 per 10 grams
22-carat gold price – ₹1,49,540 per 10 grams
Chennai Gold Rate
24-carat gold price – ₹1,63,130 per 10 grams
22-carat gold price – ₹1,49,540 per 10 grams
Ahmedabad Gold Rate
24-carat gold price – ₹1,63,030 per 10 grams
22-carat gold price – ₹1,49,445 per 10 grams
Noida Gold Rate
24-carat gold price – ₹1,63,130 per 10 grams
22-carat gold price – ₹1,49,550 per 10 grams