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Here, you can find out whether gold and silver prices have dropped or increased today. The latest rates for gold and silver are provided below.

If you are planning to buy gold or silver today, it is best to check the latest prices first. Since regular trading does not take place in the domestic bullion market on Sundays (August 30), there is no new official bullion closing rate for today; therefore, one can look at retail rates for purchasing. A significant drop in both gold and silver prices was observed during the last trading session on August 28. In the Delhi bullion market, the price of 99.9% pure gold fell by ₹3,300 to ₹1,62,400 per 10 grams, while silver dropped by ₹5,000 to ₹2,45,500 per kilogram.

What is the price of 24-carat gold today?

According to retail data for August 30, the price of 24-carat gold in India is approximately ₹15,824 per gram (or ₹1,58,240 per 10 grams). Meanwhile, the price of 22-carat gold is around ₹14,505 per gram (or ₹1,45,050 per 10 grams).

What is the price of silver today?

Silver prices have also witnessed significant fluctuations recently. On August 28, silver fell by ₹5,000 to ₹2,45,500 per kilogram in the Delhi bullion market. On Sunday, market data indicates that silver is trading at around ₹2.45 lakh per kilogram. This means the price for 100 grams of silver comes to approximately ₹24,500.

Why did gold and silver prices fall on August 28?

News from the US and the strengthening of the dollar have been the primary reasons behind the decline in gold and silver prices. This impacted gold because it is a non-interest-bearing investment; when expectations of rising interest rates grow, some investors may shift funds from gold to interest-bearing assets. Consequently, on August 28, the price of gold in the international market fell by more than 3 percent, while silver dropped by approximately 3.5 percent.

What did the figures look like over the three days?

The decline on August 28 marked the third consecutive day of falling prices. On August 25, the price of gold in Delhi stood at ₹1,67,100 per 10 grams. Over the subsequent three trading sessions, it fell by a total of ₹4,700 to settle at ₹1,62,400—representing a drop of nearly 3 percent in just a few days.