Gold Silver Rate Today: There is relief news for those buying gold and silver on the occasion of Rakshabandhan (Rakshabandhan 2026). On Friday, August 28, 2026, a fall in the prices of gold and silver was seen in the domestic futures market. On MCX, the price of 10 grams of gold was Rs 1,58,028 and the price of silver was Rs 2,39,633 per kg.
According to Bullions.co.in, after the fall, the price of gold in India came down to Rs 1,58,410 per 10 grams. In such a situation, if you are preparing to buy gold or silver on Rakshabandhan, then it is important to know today's Gold-Silver Rate.
How much did gold and silver become cheaper on MCX? (Gold Silver Rate Today)
There was weakness in both gold and silver on the domestic commodity market i.e. MCX today. The price of 10 grams of gold reached Rs 1,58,028. Whereas silver is trading at Rs 2,39,633 per kg.
Pressure was seen on gold and silver in the international market also. The price of gold on Comex fell 0.62% to $ 4,634.90 an ounce. Silver also fell by 0.89% to $ 68.815 an ounce.
24 carat gold price on IBJA (Gold Silver Rate Today)
According to Indian Bullion and Jewelers Association i.e. IBJA, pure gold i.e. 999 gold has come at Rs 15,839 per gram. On August 24, the price of 999 quality gold was Rs 1,62,603, which means today customers have the opportunity to buy gold at a cheaper rate of Rs 4,377. Whereas the price of 22 carat gold was Rs 15,459 per gram and the price of 20 carat gold was Rs 14,096 per gram.
Keep in mind that IBJA quotes are generally benchmark rates. While buying jewellery, making charges, GST and other charges may be added.
Gold price today in your city
According to Goodreturns, on August 28, the price of 24 carat gold in different cities is between Rs 16,297 to Rs 16,312 per gram.
In Chennai, Mumbai, Indore, Lucknow and Agra, 24 carat gold is Rs 16,297 per gram. Its price in Delhi is Rs 16,312 per gram.
The price of 22 carat gold is Rs 14,939 per gram in Chennai, Mumbai, Indore, Lucknow and Agra, while in Delhi it is Rs 14,954 per gram.
The price of 18 carat gold is Rs 12,709 per gram in Chennai and Rs 12,223 per gram in Mumbai, Indore, Lucknow and Agra. In Delhi it is Rs 12,238 per gram.
What is the price of silver today?
If seen city wise, silver in Chennai is at Rs 2,64,900 per kg. Its price in Mumbai is Rs 2,59,900 per kg.
In Delhi, Indore, Lucknow and Agra also the price of silver has been said to be Rs 2,59,900 per kg.
Will the prices of gold and silver increase again?
Even though gold and silver rates have declined today, market experts are predicting a rise in precious metals in the coming time. Veteran investor and author of 'Rich Dad Poor Dad' Robert Kiyosaki has also been predicting a rise in gold and silver for a long time.
Kiyosaki has predicted the price of silver to reach $ 200 per ounce by the beginning of this year. He has also expressed hope of a big rise in gold prices in future. However, these are market estimates and actual prices may change depending on the international market, dollar, interest rates, demand and other economic conditions.
Know this before purchasing
The price of gold may vary from different sources, because the method and time of determining the price is different in MCX, IBJA and jewelery market. Apart from this, GST and making charges also have to be paid while purchasing jewellery.
Therefore, if you are going to buy gold or silver on Rakshabandhan, then before purchasing, definitely check today's final selling price from the jeweler of your city.
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