Gold and Silver prices on December 28: Check latest rates here

According to GoodReturns, the price of 22-carat gold was at Rs 58,500 per gram; Rs 63,382 for 10 gm 24-carat gold and silver at Rs 79,200 per kg respectively.

Alina Khan Last Updated : 28 December 2023, 08:50 AM IST

Courtesy: X

According to the GoodReturns, 22-carat gold prices in India are at Rs 5,850 per gram, while for 24-carat the price is at Rs 6,382 per gram on Thursday.

On December 28, the price of 22-carat gold was at Rs 58,500 per gram; Rs 63,382 for 10 gm 24-carat gold and silver at Rs 79,200 per kg respectively, according to GoodReturns. At the same time, the silver rate was Rs 79.20 per gram whereas for 10 grams it was Rs 792.

Check rates of Gold and Silver here:

Cities	22-carat Gold (10 gm)	24-carat Gold (10 gm)	Silver (1 kg)
Delhi	58,650	63,960	79,200
Mumbai	58,500	63,820	79,200
Chennai	59,000	64,360	80,700
Kolkata	58,500	63,820	79,200
Bengaluru	58,500	63,820	77,000
Hyderabad	58,500	63,820	80,700
Kerala	58,500	63,820	80,700

What determines gold and silver rates?

To comprehend the fluctuations in gold and silver rates, it's crucial to know the factors that influence them. These include:

Global Market Trends - Global economic conditions, geopolitical events, and currency fluctuations can significantly impact the rates of gold and silver in India.

Local Demand and Supply - Domestic factors, such as festive seasons and weddings, influence the demand for gold in India. Moreover, mining and import policies play a role in supply and pricing.

Investment Opportunities:

Buying Gold and Silver - Learn about various ways to invest in gold and silver, from physical purchases to digital investments like ETFs and sovereign gold bonds.

In a country where gold and silver are more than just commodities, understanding their rates and significance is essential. By staying informed about global and local factors affecting their prices and making strategic investment decisions, you can navigate the ever-changing landscape of gold and silver rates in India.

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Gold and Silver prices on December 28: Check latest rates here

According to GoodReturns, the price of 22-carat gold was at Rs 58,500 per gram; Rs 63,382 for 10 gm 24-carat gold and silver at Rs 79,200 per kg respectively.