Gold Rates Today, Dec 28: 7-Day Gold Price Rally Pauses on Sunday; Check Rates in Bengaluru, Chennai & Hyderab

Gold prices today have paused their 7-day-long rally on Sunday after the yellow metal jumped Rs. 60,000 per 100 g in the last 7 days, creating a new record of reaching an all-time high. Over the past week, gold has been on a bullish trend as the year 2025 comes to an end, bringing a surge in gold rates in India. The demand for gold has jumped massively in the last few days, due to which gold prices are breaking record after record.

Gold Rates Today

Latest 22-Carat & 24-Carat Gold Rates City-Wise

Below is a city-wise breakdown of the latest 22-carat gold price and 24-carat gold price in major Indian cities on 28 December 2025.

Gold Price in Chennai

The current 24-carat gold price in Chennai is Rs. 141,820 per 10 grams, while the 22-carat gold price in Chennai stands at Rs. 130,000 per 10 grams.

Gold Price in Bengaluru

The gold market in Bengaluru is witnessing similar trends. As of today, the 22-carat gold rate in Bengaluru is Rs. 129,450 per 10 grams, whereas the 24-carat gold rate in Bengaluru is Rs. 141,220 per 10 grams.

Gold Rate in Hyderabad

Gold prices in Hyderabad remain steady, following the national trend. The 22K gold price in Hyderabad is Rs. 129,450 per 10 grams, while the 24K gold price in Hyderabad is Rs. 141,220 per 10 grams.

Gold Price in Mumbai

Mumbai, a major hub for gold trading in India, is seeing a similar spike in the gold rate. The 22-carat gold price in Mumbai is Rs. 129,450 per 10 grams, whereas the 24-carat gold price in Mumbai stands at Rs. 141,220 per 10 grams.

Gold Rate In India Today

On 28th December, 22-carat gold rates in India cost Rs. 129,450. While the 22-carat gold price stands at Rs. 141,220 per 10 grams

MCX Gold and Silver Futures Prices Today

Since trading on MCX is closed today, no changes can be seen. So at the end of Friday's trading, gold futures prices on the MCX, which are going to mature on February 5th, 2026, jumped and closed at Rs. 139,940 with 0.05% gains. Similarly, silver futures prices set to mature on March 5, 2026, closed in the green zone at Rs. 240,935 after rising by 7.66%.

Spot Gold Price and Spot Silver Rate

According to a Reuters report, "spot gold rose 0.5% to $4,501.44 per ounce by 0209 GMT, after touching a record peak of $4,530.60 earlier in the session."

Gold Prices Target and Outlook This Week

As per Way To Wealth Brokers Pvt Ltd, gold prices hovered near $4,500 per ounce on Friday after briefly hitting a record $4,530, supported by safe-haven demand amid rising geopolitical tensions and expectations of US rate cuts. On the technical front, MCX Gold continues to remain in an uptrend and consistently trades above the short-term 10- and 20-DEMA lines, keeping the trend positive and momentum strong. In yesterday's session, it formed a doji candlestick, indicating equilibrium between buyers and sellers. The price may consolidate around current levels before resuming the uptrend. Immediate support is placed at 137,300-136,650, while resistance is seen in the 139,200-141,300-142,000 range. Since the overall trend is bullish, traders can consider buying MCX Gold near 136,650 for a target of 139,200-141,500. Any sustained weakness below 136,650 would warrant a review of the current view."

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