Gold Rate Today: Today, gold has become cheaper on Friday 28 February. The price of gold has declined for the second consecutive day. On the last day of February, the price of 24 carat gold has fallen to Rs 500. At the same time, the price of 22 carat gold has come down by Rs 400. In big cities of the country, 24 carat gold prices are trading around Rs 87,300 and 22 carat gold around Rs 80,100. The price of one kilogram of silver is at the level of Rs 98,000. Check today’s gold-silver price.
Correction in gold and silver
Today, the fall in gold prices saw a decline. If the dollar is strong or the US Federal Reserve decides to increase the interest rates, the price of gold may be further reduced. In addition, if the demand for gold decreases during the festive season or investors sell gold to earn profits, prices may come down. Therefore, it is necessary to monitor the market, because economic changes or government policies can affect gold prices.
In Delhi-Mumbai Gold price
There was a slight rise of 24 carat gold in Delhi. The price here reached Rs 87,520 per 10 grams, while 22 carat gold remains at Rs 80,240 per 10 grams. The price of 22 carat gold in Mumbai is trading at Rs 80,090 and 24 carat gold at Rs 87,370 per 10 grams. Learn here the price of gold in 4 big cities of the country 28 February 2025.
| City name | 22 carat gold rate | 24 carat gold rate |
| Delhi | 80,240 | 87,520 |
| Chennai | 80,090 | 87,370 |
| Mumbai | 80,090 | 87,370 |
| Kolkata | 80,090 | 87,370 |
Silver price
On February 28, the price of silver is at Rs 97,900 per kg.
How is the price of gold decided?
The price of gold in India varies due to many reasons, such as international market prices, government tax and rupee fluctuations. Gold is not only a means of investment, but also an important part of our traditions and festivals. Especially during marriage and festivals, its demand increases.
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