Gold Rate Today In India Sees Sharp Drop! 24K Down Rs 7100/100 Gm, Silver Stable | Check Rates

Gold Rate in India Today: Gold prices in India witnessed a sharp decline on Tuesday, April 28, with rates of 24K, 22K and 18K gold slipping significantly, while silver prices remained largely stable. The drop in domestic bullion rates comes amid a continued fall in international gold prices, as investors reassess the impact of renewed diplomatic talks between the United States and Iran, which have eased safe-haven demand for the yellow metal.

The recent decline in gold prices in India is likely to cheer investors and retail jewellery buyers as the precious metal rates have skyrocketed in the past year. For investors who are planning to purchase gold jewellery and other items, here are the latest 24K, 22K, and 18K rates in India today.

24K Gold Rate in India Today

The price of 24 karat gold in India declined by Rs 71 per gram to Rs 15,300 per gram on Tuesday, April 28. Which means that the price of 10 grams of gold in India declined by Rs 710 per 10 gram to Rs 1,53,000 on Tuesday. Per 100 grams of 24 karat gold in India became cheaper by Rs 7100 to Rs 15,30,000 on April 28, as per Goodreturns data at 12:40 pm.

22K Gold Rate In India Today

The price of 22 karat gold in India declined by Rs 65 per gram to Rs 14,025 per gram on Tuesday. The rate of 10 gram of 22 karat gold in India fell by Rs 650 to Rs 1,40,250 per 10 gram. Likewise, per 100 gram of 22 karat gold in India slipped by Rs 6500 to Rs 14,02,500 on Tuesday.

18K Gold Rate in India Today

The rate of 18 karat gold in India declined by Rs 53 per gram to Rs 11,475 per gram on Tuesday. Per 10 gram of 18 karat gold in India fell by Rs 530 to Rs 1,14,750. Similarly, per 100 gran of 18 karat gold in India declined by Rs 5300 to Rs 11,47,500 today.

"Gold prices in India eased to approximately ₹1,43,342 per 10 grams, reflecting a slight uptick of 0.24% in international markets at $4,733.50 per ounce, while silver dipped 0.24% to $76.20 per ounce, translating to around ₹2,30,752 per kg. The decline in precious metals can be attributed to a strong US dollar and ongoing geopolitical tensions surrounding US-Iran relations, which have created a cautious sentiment among investors," explained Gaurav Garg, research analyst at Lemonn markets desk.

Silver Rate in India

Silver rate in India remained stable on Tuesday. Silver price today in India stood at Rs 260 per gram and at Rs 2,60,000 per kilogram on Tuesday, April 28. The white metal saw a massive volatility in January where it broke the Rs 4,00,000 mark and in February where the prices crashed below Rs 3 lakh mark.

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