Gold prices fell on Saturday morning, February 28. In the capital Delhi, 24 carat gold prices fell to ₹161,710 per 10 grams. In Mumbai, the price remained at ₹161,580 per 10 grams. A day earlier, gold prices rose by ₹1,800 to ₹1,64,700 per 10 grams in the Delhi bullion market. The spot price of gold in the international market is $5,172.17 per ounce. JPMorgan has raised its long-term forecast for gold prices to $4,500 an ounce. It maintained its forecast for the end of 2026 at $6,300 an ounce. JP Morgan said the trend of structural diversification in gold continues, and there is scope for further growth.
City 22 Karat Gold Rate Today (₹) 24 Karat Gold Rate Today (₹) Delhi 148240 161820 Mumbai 148110 161580 Ahmedabad 148140 161610 Chennai 148110 161580 Kolkata 148110 161580 Hyderabad 148110 161580 Jaipur 148240 161820 Bhopal 148140 161610 Lucknow 148240 161820 Chandigarh 148240 161820
Gold rates in some big cities of the country
Gold Price in Delhi: 24 carat gold price in Delhi is ₹161,710 per 10 grams. The price of 22 carat gold is ₹148,240 per 10 grams.
Mumbai, Chennai and Kolkata: Currently, the price of 22 carat gold in Mumbai, Chennai and Kolkata is ₹148,110 per 10 grams, while the price of 24 carat gold is ₹161,580 per 10 grams.
Rates in Pune and Bengaluru: The price of 24 carat gold in these two cities is ₹161,580 per 10 grams and the price of 22 carat gold is ₹148,110 per 10 grams.
price of silver
Like gold, the price of another precious metal silver also fell on the morning of 28 February. The price has reached ₹284,900 per kg. A day ago, the price of silver in Delhi bullion market had fallen by Rs 2,500, or about one percent, to Rs 268,000 per kg. The spot price of silver in the international market is $89.72 per ounce. In January, the price of silver had crossed Rs 4 lakh.