New Delhi: Gold prices remained stable in the international market on Wednesday, October 28, 2026. Gold remains above the level of 4,000 dollars an ounce. Investors' eyes are on the US Federal Reserve's decision on interest rates. There is hope in the market that the Federal Open Market Committee (FOMC) can keep the interest rates stable in this meeting. Meanwhile, difference in the prices of gold and silver was also seen in major cities of India.
What is the condition of gold in the international market?
According to a report, spot gold was trading 0.1 percent higher at 4,063.80 dollars an ounce at 8:25 am in Singapore. In the last trading session also, a rise of about 1.1 percent was recorded in gold. Gold has received support from increased buying during the fall in the market.
According to experts, softening of crude oil prices, discussion over the ongoing war in the Middle East, demand from domestic buyers in China and increasing enthusiasm in shares of companies related to Artificial Intelligence (AI) have also supported gold prices.
What is the price of 24 carat gold in Delhi?
On October 28, the price of 24 carat gold in Delhi was Rs 1,43,980 per 10 grams. At the same time, 22 carat gold was recorded at Rs 131,982 per 10 grams and 18 carat gold was recorded at Rs 107,985 per 10 grams. In the capital, the price of 999-purity silver was Rs 196,350 per kg.
For how much are gold and silver available in Mumbai?
The price of 24-carat gold in Mumbai was Rs 144,230 per 10 grams. The price of 22 carat gold was recorded at Rs 132,211, and the price of 18-carat gold was recorded at Rs 108,173 per 10 grams. Whereas, silver of 999 purity remained at Rs 196,690 per kg.
What are the gold prices in other big cities?
| City | 24-carat gold (10 grams) | 22 carat gold (10 grams) | Silver (1 kg) |
| Benguluru | | | |
| Chennai | | | |
| Hyderabad | | | |
| Ahmedabad | | | |
| Kolkata | | | |
These prices are based on data provided as of October 28, 2026. While purchasing jewellery, the final price may vary due to local shopkeeper's prices, making charges and applicable taxes.
Will gold prices rise further?
According to Christopher Wong, strategist at Oversea-Chinese Banking Corp, gold prices may remain volatile or stable for some time in the near future. Factors like low crude oil prices, softening of inflation, fall in US dollar and bond yields will be important for continued rise in gold.
At present, investors are keeping an eye on the decision of the US Federal Reserve. Signals regarding interest rates may influence the further movement of gold in the international market. At the same time, silver remained stable around 54.41 dollars an ounce, while a slight decline was recorded in platinum and a slight increase in palladium.
