Drop in Gold, Silver Rates Today in Delhi on Eid-ul-Adha 2026; Check Latest 22K, 24K & 18K Prices on 28 May

Gold prices in New Delhi continued their downward trend for the third consecutive day on Thursday, May 28, 2026, ahead of Eid-al-Adha celebrations, as weak global sentiment and a stronger US dollar continued to weigh on bullion markets. The price of 24 Karat (24K) gold fell by Rs 238 to Rs 15,606 per gram, while 22 Karat (22K) gold declined by Rs 220 to Rs 14,305 per gram.

Gold, Silver Prices Crash in Delhi on Eid-ul-Adha 2026

The yellow metal has witnessed a sharp correction this week, with gold prices tumbling by nearly Rs 34,700 over the last three trading sessions in Delhi. Market analysts attributed the fall to rising geopolitical uncertainty linked to renewed US-Iran tensions, along with a stronger dollar that reduced the appeal of safe-haven assets such as gold.

Meanwhile, silver prices broke their six-day steady trend on Thursday. In Delhi, silver was priced at Rs 275 per gram and Rs 2,75,000 per kilogram. Traders said volatility in global commodity markets, higher crude oil prices and persistent inflation concerns have weakened expectations of early interest rate cuts by major central banks, putting additional pressure on precious metals.

Gold Rate Today, 28 May 2026; Check Latest 22K, 24K & 18K Gold Prices on Bakrid

24 Karat Gold Rate Today in Delhi

The price of 24K gold in Delhi today stood at Rs 15,606 per gram, down by Rs 238 from the previous session. For larger quantities, 8 grams of 24K gold were priced at Rs 1,24,848 after a decline of Rs 1,904, while 10 grams cost Rs 1,56,060, falling by Rs 2,380. Meanwhile, 100 grams of 24K gold were available at Rs 15,60,600, marking a steep drop of Rs 23,800.

22 Karat Gold Rate Today in Delhi

The rate of 22K gold in Delhi today was recorded at Rs 14,305 per gram, down by Rs 220. The price of 8 grams of 22K gold fell by Rs 1,760 to Rs 1,14,440, while 10 grams were priced at Rs 1,43,050 after declining by Rs 2,200. For bulk purchases, 100 grams of 22K gold cost Rs 14,30,500, reflecting a sharp fall of Rs 22,000.

18 Karat Gold Rate Today in Delhi

Meanwhile, 18K gold prices in Delhi also remained under pressure on Thursday. The metal was priced at Rs 11,704 per gram, down by Rs 183. The price of 8 grams of 18K gold stood at Rs 93,632 after a decline of Rs 1,464, while 10 grams were available at Rs 1,17,040, lower by Rs 1,830. The rate for 100 grams of 18K gold dropped by Rs 18,300 to Rs 11,70,400.

Silver Rate Today; Check Latest Silver Prices Per Kg and Gram on May 28, 2026

Silver prices in Delhi witnessed a notable decline on Thursday, breaking their six-day steady trend. The price of silver fell by Rs 10 to Rs 275 per gram compared to the previous session's Rs 285 per gram.

For small purchases, 8 grams of silver were priced at Rs 2,200, down by Rs 80 from Rs 2,280 a day earlier. Similarly, 10 grams of silver cost Rs 2,750 after declining by Rs 100 from the previous rate of Rs 2,850.

Larger quantities also saw a sharp correction. The price of 100 grams of silver dropped by Rs 1,000 to Rs 27,500, while 1 kilogram of silver fell significantly by Rs 10,000 to Rs 2,75,000 compared to Rs 2,85,000 in the previous trading session.

"US strikes on southern Iran have extinguished near-term peace hopes, lifting oil prices and reigniting inflation concerns. For gold and silver, the geopolitical flare-up is a double-edged development - safe-haven demand is offset by a stronger dollar and rising bond yields. President Trump signalled talks continue but warned of further strikes if negotiations fail," said Mr. Prithviraj Kothari, MD at RiddiSiddhi Bullions Ltd., President of India Bullion and Jewellers Association Ltd.

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