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Home FINANCE Gold Rate Today: Gold became expensive today on 28 August, know what...

Gold Rate Today: Gold became expensive today on 28 August, know what was the rate

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Gold Rate Today Thursday 28 August 2025 : Today, on Thursday 28 August, the price of gold rose. Gold has increased by Rs 250 as compared to yesterday. The price of 24 carat gold is above Rs 1,02,700. The price of 22 carat gold remains above Rs 94,200 in Mumbai, Chennai, Kolkata. Know here the price of gold and silver on 28 August 2025.

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Silver Rate

The price of silver is trading at Rs 1,20,000 per kg. This is the same price as yesterday. The biggest reason for gold becoming expensive is the recent decision of US President Donald Trump. He removed Federal Reserve Governor Lisa Cook, which increased fear and uncertainty in the market. In such a situation, investors look for safe options and gold is always considered the safest. Apart from this, Trump’s move has increased the pressure on the Federal Reserve to reduce interest rates. When interest rates decrease, gold prices usually increase. Also, the weakness of the rupee and good signals from the international market have also made gold more expensive.

Gold Rate for Thursday 28 August 2025

City Name 22 carat gold rate 24 carat gold rate
Delhi 94,200 1,02,750
Chennai 94,050 1,02,600
Mumbai 94,050 1,02,600
Kolkata 94,050 1,02,600
Jaipur 94,200 1,02,750
Noida 94,200 1,02,750
Ghaziabad  94,200 1,02,750
Lucknow 94,200 1,02,750
Bangalore 94,050 1,02,600
Patna 94,050 1,02,600

 

How is the price of gold decided in India?

Gold prices in India depend on many factors, such as international prices, import duty, tax and dollar-rupee exchange rate. This is the reason why gold rates keep changing daily. In Indian culture, gold is considered not only as jewelry but also an important means of investment and savings. It is in special demand during weddings and festivals.

 

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