Gold and silver price today, Sept 28: Check retail rates of 24K, 22K gold and 999 silver in Mumbai, Delhi, other cities
AI Summary
The recent dip in gold prices amid geopolitical tensions highlights the ongoing volatility in the precious metals market, which is sensitive to global events. For retail investors, this could present a buying opportunity, especially given the historical context of gold as a safe-haven asset during times of uncertainty. However, investors should remain cautious, as further developments in US-Iran relations could lead to more fluctuations in prices, impacting both gold and silver markets significantly.
The yellow metal's price in India fell nearly 2% in the domestic futures market during early trading hours on Monday, September 28, amid reports of fresh tensions emerging between the US and Iran, despite the two sides holding their first known indirect talks last week since a previous ceasefire collapsed in July.
MCX Gold 5 October futures stood at ₹148,092 per 10 grams, while MCX Silver 4 December contracts were 2.6% at ₹228,566 per kg at around 9:03 am.
Original Article
Published on Livemint
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This is a results news update from Livemint, published on 28 September 2026.
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