Gold prices in India saw an upward trend today, influenced by positive global market signals. US gold climbed above $4,090 despite a strong dollar and Fed rate hike talks.
| Purity | Per Gram | Per 10g | Change |
|---|---|---|---|
| 24K Gold | ₹14,395INR | ₹1,43,950 | — |
| 22K Gold | ₹13,195 | ₹1,31,950 | — |
| 18K Gold | ₹10,796 | ₹1,07,960 | — |
Source: GoldMeter.in • Historical data for reference only
Gold prices in India registered an upward trend today, Friday, June 28, 2026, as positive global cues lifted market sentiment across the subcontinent. Investors and jewelry shoppers alike observed a noticeable rise in the precious metal's value, reflecting movements in international markets. City-wise rates for 22K, 24K, and 18K gold were keenly watched, with many major urban centers recording an increase in prices.
The benchmark price for 24-carat gold, a key indicator for purity, was noted at ₹1,43,390 per 10 grams across various Indian cities. This upward movement was consistent across different purities, with 22-carat and 18-carat gold also seeing adjustments. While cities like Delhi, Mumbai, Chennai, and Vijayawada reported updated rates reflecting the day's surge, Visakhapatnam stood out with stable gold prices, offering a slight contrast to the broader market trend. The overall increase suggested a renewed interest and confidence in gold as an asset.
Globally, the precious metal demonstrated robust performance, with US gold prices climbing above the significant $4,090 mark. This impressive ascent occurred even amidst a strong US dollar and ongoing discussions surrounding potential Federal Reserve rate hikes across financial hubs like Washington, San Francisco, California, and Los Angeles. Typically, a strong dollar can act as a headwind for gold, making it more expensive for international buyers. However, gold's ability to rise despite these factors indicates strong underlying demand or broader economic uncertainties that are driving investors towards safe-haven assets. These international developments played a crucial role in shaping the domestic market's positive trajectory.
Today's market activity clearly underscores the direct influence of international trends on the Indian gold landscape. For Indian investors and jewelry shoppers, monitoring global developments, particularly the US dollar's strength and central bank policies, remains crucial. With prices showing a definitive upward trend, those considering new purchases might observe the market closely for further movements, while existing gold holders can appreciate the recent appreciation in their asset's value. The outlook suggests continued volatility influenced by global economic signals, making informed decisions paramount.