Gold and Silver Price Today (27 May): Gold and silver prices traded lower on Wednesday as weak trends in the domestic futures market and global bullion trade triggered mild profit booking among investors. In the physical Indian bullion market, gold prices slipped ₹10 to ₹1,58,880 per 10 grams, while silver prices declined ₹100 to ₹2,84,900 per kilogram after recent sharp volatility in precious metals.
Latest MCX Gold and Silver Prices
On the MCX India exchange, bullion contracts remained under pressure during morning trade:
- MCX Gold June Futures traded around ₹1,58,588 per 10 grams, down nearly ₹91 in early trade.
- MCX Silver July Futures slipped to nearly ₹2,71,600 per kilogram, down ₹246.
Live bullion data also showed MCX Gold near ₹1,57,424 per 10 grams and MCX Silver near ₹2,70,270 per kilogram during intraday trade.
Gold and Silver Rates Today (26 May): MCX Gold Futures Rise, Check City-Wise Prices
Global Gold and Silver Prices Today
In international markets, precious metals stayed pretty volatile due to uncertainty around US interest rates and also because of geopolitical tensions.
- Comex Gold: $4,507.60 per ounce
- Comex Silver: $77.10 per ounce
Meanwhile, front-month Comex gold futures settled 0.46% lower at $4,500.40 per ounce, marking the second consecutive session of decline.
Gold and Silver Price Today (27 May)
Following the latest decline, domestic retail bullion prices in major Indian markets stood around:
- 24 Carat Gold : ₹15,940 per gram
- 22 Carat Gold : ₹14,612 per gram
- 18 Carat Gold: ₹11,955 per gram
- Silver: ₹2,72,850 per kilogram
Jewellers and traders noted that physical demand in India remained subdued due to ongoing price volatility and elevated import duties on precious metals.
Experts believe that bullion prices might keep on having sharp swings with sudden moves in the near term depending on geopolitics and the latest central bank policy updates.
