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Reading: Gold costs slip over 2%! Test charges in Mumbai, Bengaluru, Chennai, New Delhi, Kolkata on October 28
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StockWaves > Market Analysis > Gold costs slip over 2%! Test charges in Mumbai, Bengaluru, Chennai, New Delhi, Kolkata on October 28
Market Analysis

Gold costs slip over 2%! Test charges in Mumbai, Bengaluru, Chennai, New Delhi, Kolkata on October 28

StockWaves By StockWaves Last updated: October 28, 2025 5 Min Read
Gold costs slip over 2%! Test charges in Mumbai, Bengaluru, Chennai, New Delhi, Kolkata on October 28
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Contents
Test gold price, silver value as we speak— October 28How has gold carried out?Gold and Silver Costs in Mumbai — October 28Gold and Silver Costs in Pune — October 28Gold and Silver Costs in Delhi — October 28Gold and Silver Costs in Kolkata — October 28Gold and Silver Costs in Ahmedabad — October 28Gold and Silver Costs in Bengaluru — October 28Gold and Silver Costs in Hyderabad — October 28Gold and Silver Costs in Chennai — October 28

Gold costs: After India’s Multi Commodity Change (MCX) web site skilled a glitch on Tuesday, October 28, gold costs fell by over 2%. This decline adopted losses in worldwide bullion markets amid hopes of easing US-China commerce tensions.

Test gold price, silver value as we speak— October 28

On Tuesday, October 28, MCX Gold December futures dropped 2.11% to ₹1,18,410 per 10 grams at 1:55 pm, whereas MCX Silver December contracts fell 1.82% to ₹1,40,758 per kg.

As per the Indian Bullion Affiliation (IBA) information, the costs of 24-carat gold stood at ₹1,18,430/10 gm at 2:30 pm on October 28, and 22-carat gold was priced at ₹1,08,561/10 gms. Silver costs had been at ₹1.46,380/kg (Silver 999 Effective).

Additionally Learn | MCX technical glitch: Buying and selling begins after over 4 hours of delay

How has gold carried out?

Though gold has been on a dropping streak since the previous couple of days, the costs of the yellow metallic surged considerably within the final 20 years by a formidable 1,200% from ₹7,638 in 2005 to over ₹1,25,000 in 2025 (until September), and delivered constructive returns in 16 of those years.

In the meantime, gold costs gained 56% on a year-to-date (YTD) foundation, with constant report highs solidifying its place amongst 2025’s top-performing asset courses and a dependable hedge.

Additionally Learn | MCX outage leaves silver merchants uncovered to cost swings

Listed below are as we speak’s gold charges for main cities, together with Pune, Ahmedabad, Delhi, Kolkata, Mumbai, Hyderabad, Bengaluru, and Chennai. Jewellers might add making fees, taxes, and GST to the invoice, which is able to probably elevate the ultimate value for retail clients.

Gold and Silver Costs in Mumbai — October 28

• Gold bullion charges in Mumbai— ₹1,17,870/10 gm.

• MCX Gold price in Mumbai — ₹1,17,778/10 gm.

• Silver bullion price in Mumbai— ₹1,39,690/kg.

• MCX Silver 999 price in Mumbai — ₹1,39,580/kg.

Gold and Silver Costs in Pune — October 28

• Gold bullion charges in Pune— ₹1,17,870/10 gm.

• MCX Gold price in Pune — ₹1,17,778/10 gm.

• Silver bullion price in Pune— ₹1,39,690/kg.

• MCX Silver price in Pune — ₹1,39,580/kg.

Gold and Silver Costs in Delhi — October 28

• Gold bullion charges in New Delhi— ₹1,17,670/10 gm.

• MCX Gold price in New Delhi — ₹1,17,778/10 gm.

• Silver bullion price in New Delhi— ₹1,39,450/kg.

• MCX Silver 999 price in New Delhi — ₹1,39,580/kg.

Additionally Learn | MCX launches choices contracts for liquid gold and silver futures. Particulars right here

Gold and Silver Costs in Kolkata — October 28

• Gold bullion charges in Kolkata— ₹1,17,570/10 gm.

• MCX Gold price in Kolkata — ₹1,17,778/10 gm.

• Silver bullion price in Kolkata— ₹1,39,330/kg.

• MCX Silver 999 price in Kolkata — ₹1,39,580/kg.

Gold and Silver Costs in Ahmedabad — October 28

• Gold bullion charges in Ahmedabad— ₹1,17,880/10 gm.

• MCX Gold price in Ahmedabad — ₹1,17,778/10 gm.

• Silver bullion price in Ahmedabad— ₹1,39,700/kg

• MCX Silver 999 price in Ahmedabad — ₹1,39,580/kg.

Gold and Silver Costs in Bengaluru — October 28

• Gold bullion charges in Bengaluru— ₹1,18,140/10 gm.

• MCX as we speak gold price Bengaluru — ₹1,17,778/10 gm.

• Silver bullion price in Bengaluru— ₹1,40,130/kg.

• MCX Silver 999 price in Bengaluru — ₹1,39,580/kg.

Gold and Silver Costs in Hyderabad — October 28

• Gold bullion charges in Hyderabad— ₹1,18,230/10 gm.

• MCX Gold price in Hyderabad — ₹1,17,778/10 gm.

• Silver bullion price in Hyderabad— ₹1,40,240/kg

• MCX Silver 999 price in Hyderabad — ₹1,39,580/kg.

Gold and Silver Costs in Chennai — October 28

• Gold bullion charges in Chennai— ₹1,18,670/10 gm.

• MCX Gold price in Chennai — ₹1,17,778/10 gm.

• Silver bullion price in Chennai— ₹1,40,830/kg.

• MCX Silver 999 price in Chennai — ₹1,39,580/kg.

Disclaimer: This story is for academic functions solely. The views and suggestions made above are these of particular person analysts or broking corporations, and never of Mint. We advise buyers to verify with licensed specialists earlier than making any funding selections.

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