BIG Jump In Gold Rate in India Today Post Last Week Crash! 24K Eyes Rs 1.5 Lakh; Silver Shines Too | March 28

Gold Rate Today: The prices of 24 karat, 22 karat, and 18 karat gold in India saw a sharp jump on Saturday, March 28. Gold price in India staged a sharp recovery from the declines made in the past few days amid the Iran-US war in West Asia. Silver price today also saw a sharp jump.

The sharp jump in gold and silver prices in India today was part of a wider recovery in the bullion market after United States President Donald Trump extended the deadline to secure a deal with Iran.

Gold Rate in India

The price of 24 karat gold in India increased by Rs 251 per gram to Rs 14,809 per gram on Saturday, March 28. The rate of 22 karat gold in India jumped by Rs 230 per gram to Rs 13,575 per gram. Likewise the rate of 18 karat gold in India surged by Rs 188 per gram to Rs 11,107 per gram on Saturday, March 28.

Silver Rate in India

The price of silver in India also surged today. Silver price today increased to Rs 245 per gram and to Rs 2,45,000 per kilogram on Saturday, March 28. Silver price has seen a sharp fluctuation since the beginning of the year 2026.

"Gold Prices rallied driven by easing geopolitical tensions surrounding the US-Iran conflict and expectations of potential rate cuts amid inflation projections. The precious metals market reacted positively to the signs of a ceasefire, which has alleviated some of the panic selling witnessed earlier," explained Gaurav Garg, Research Analyst at Lemonn Markets Desk.

International Gold Rate Today

Gold climbed back above $4,500 per ounce on Friday, rebounding from a near 3% fall on Thursday, as per Trading Economics Data. Traders weighed renewed hopes of a pause in fighting with persistent doubts over a ceasefire between the US and Iran and the broader Middle East conflict.

The sharp drop on Thursday followed concern that negotiations between Washington and Tehran may not deliver a ceasefire soon. That setback hit gold and other metals, as investors faced higher inflation risks and the possibility that major central banks could raise interest rates in 2024.

President Donald Trump extended the deadline for Iran to accept a deal to end the war, easing some market stress. Trump promised not to attack Iranian energy infrastructure until 6 April, after almost a month of hostilities, giving traders a clearer short-term horizon on supply risks.

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