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Gold and Silver Prices on May 28, 2025: Check the Latest Rates Before Buying

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KKN Gurugram Desk | If you are planning to buy gold or silver before June 2025, it is essential to know the latest prices to make an informed decision. As of today, May 28, 2025, the prices of both gold and silver have remained stable with little to no fluctuation. The current gold price is trending at ₹97,000 for 10 grams, while the silver price is trending at ₹1,00,000 per kilogram.

Let’s take a look at the latest gold and silver prices in various cities across India, including the prices of 22-carat and 24-carat gold.

Gold Rates on May 28, 2025: City-Wise Breakdown

As of today, gold prices have remained steady across major markets in India. Below are the current gold rates based on purity (in grams) in different cities:

18-Carat Gold Rate Today

  • Delhi: ₹73,230 per 10 grams

  • Kolkata & Mumbai: ₹73,110 per 10 grams

  • Indore & Bhopal: ₹73,150 per 10 grams

  • Chennai: ₹73,600 per 10 grams

22-Carat Gold Rate Today

  • Bhopal & Indore: ₹89,400 per 10 grams

  • Jaipur, Lucknow, Delhi: ₹89,500 per 10 grams

  • Hyderabad, Kerala, Kolkata, Mumbai: ₹89,350 per 10 grams

24-Carat Gold Rate Today

  • Bhopal & Indore: ₹97,530 per 10 grams

  • Delhi, Jaipur, Lucknow & Chandigarh: ₹97,630 per 10 grams

  • Hyderabad, Kerala, Bangalore & Mumbai: ₹97,480 per 10 grams

  • Chennai: ₹97,480 per 10 grams

Current Silver Rates on May 28, 2025

In terms of silver prices, they also remain consistent across major cities in India:

  • Jaipur, Kolkata, Ahmedabad, Lucknow, Mumbai, Delhi: ₹1,00,000 per kilogram

  • Chennai, Madurai, Hyderabad, Kerala: ₹1,11,100 per kilogram

  • Bhopal & Indore: ₹1,00,000 per kilogram

Gold Purity and How to Check If Your Gold Is Genuine

If you’re unsure about the purity of the gold you are purchasing, there are easy ways to check. The Indian Standard Organization (ISO) provides a hallmark certification that indicates the purity of gold. Here’s a breakdown of gold purity:

  • 24-carat gold is 99.9% pure, meaning it has no impurities.

  • 22-carat gold is 91% pure, with the remaining 9% being made up of metals like copper, silver, and zinc.

The hallmark stamps on gold jewelry include:

  • 24-carat gold: 999 (99.9% purity)

  • 23-carat gold: 958 (95.8% purity)

  • 22-carat gold: 916 (91.6% purity)

  • 21-carat gold: 875 (87.5% purity)

  • 18-carat gold: 750 (75% purity)

It is important to note that 24-carat gold is too soft for making jewelry, so most jewelers sell gold in 18-carat, 20-carat, or 22-carat form. 24-carat gold coins are available, but jewelry is typically made from lower carats.

Gold and Silver Prices Exclude Additional Charges

The gold and silver prices mentioned above are indicative and do not include additional charges like GST, TCS, or making charges that are usually added when purchasing jewelry. The final price may vary depending on the jeweler, local taxes, and additional services.

For precise pricing, it is recommended to check with your local jeweler or jewelry store to get the exact rate.

Why Monitor Gold and Silver Prices?

Tracking gold and silver prices is essential for anyone considering an investment in precious metals or buying jewelry. The price of gold is often seen as a safe investment, particularly during times of economic uncertainty. Similarly, silver also holds significant value in the market, though it tends to be more volatile than gold.

As the global economy fluctuates, especially with uncertainties in international markets and inflation concerns, the prices of gold and silver are likely to see significant changes. Investors and buyers must remain vigilant and keep an eye on the latest trends to ensure they make informed purchasing decisions.

Best Time to Buy Gold and Silver

If you’re planning to buy gold or silver, it’s essential to track the trends and decide the right time based on price stability. For those looking to make an investment in gold, prices during off-peak seasons might be lower compared to festive or wedding seasons, when demand spikes. Silver, being more affordable than gold, is also a popular choice for investment during these times.

The 28 May 2025 rates reflect the current stability in the market, but price fluctuations are common. If you’re planning a gold purchase soon, keeping an eye on market conditions, upcoming events, and geopolitical situations can help you time your purchase well.

The prices of gold and silver are constantly influenced by global economic trends, demand, and supply dynamics. Whether you are buying for investment purposes or personal use, it is crucial to stay updated on the latest prices to get the best value for your money.

For anyone planning to buy gold or silver in May 2025, it is important to keep track of prices across different cities, as they can vary. If you’re looking to make a purchase soon, don’t forget to factor in additional costs such as taxes and making charges.

As you head to the market for your gold or silver purchase, remember to check purity and ensure you’re getting genuine products from reputable sellers. Gold and silver remain safe investment options, and with the right knowledge, you can make a secure and profitable purchase.

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