Gold Price Today May 28:Gold and silver prices moved on a mostly mixed note on Thursday, May 28 with investors across India watching domestic MCX futures plus whatever global bullion hints were coming through. Precious metal markets stayed volatile swayed by global economic unease, US Federal Reserve policy expectations and geopolitical developments, especially in the Middle East.
As per bullion market data, MCX gold futures were seen around ₹1,55,600 per 10 grams, while MCX silver futures were hovering near ₹2,66,000 per kilogram in the latest trading session. Internationally, spot gold traded above $4,450 per ounce with steady safe haven demand in the background.
MCX Gold and Silver Rates Today
On the Multi Commodity Exchange (MCX), gold futures witnessed choppy movement after the recent sharp rallies in international bullion prices.
- MCX Gold Price: ₹1,55,635 per 10 grams
- MCX Silver Price: ₹2,66,056 per kilogram
Global Bullion Rates Today
International bullion markets also traded firm as investors continued shifting toward safe-haven assets. COMEX gold prices stayed above the $4,450 per ounce level, while silver prices remained elevated due to strong industrial and investment demand.
- Spot Gold: $4,450 per ounce
- COMEX Gold Futures: $4,500 per ounce
Gold and Silver Price Today (27 May): Check Latest MCX Gold, Silver and International Bullion Rates
City-Wise Gold Price Today May 28
- Delhi|: ₹1,49,230
- Mumbai: ₹1,49,180
- Chennai: ₹1,50,770
- Kolkata|: ₹1,49,180
- Bengaluru: ₹1,49,180
- Hyderabad: ₹1,49,180
Should Investors Buy Gold Now?
Market analysts believe gold is still staying pretty much an important hedge against uncertainty and inflation, even now. At the same time experts suggest investors not to rush into aggressive buying on extremely volatile sessions, rather they should look at a staggered approach in a more measured way.
Silver, on the other hand, is seeing solid momentum thanks to industrial demand plus investment buying, so it’s become one of the most actively watched commodities right now in the market.
Investors too should keep an eye on MCX trends, along with international bullion movement, and also what central banks are saying in their commentary before making in any fresh investment decisions.
