Indian Gold and Silver Prices Plummet on September 28

The gold and silver prices in India on September 28, 2026 declined significantly. According to market rates, 24-carat gold is priced at around ₹1.50 lakh per 10 grams, while 22-carat gold is around ₹1.37 lakh per 10 grams. Silver is trading at ₹2.45 lakh per kg across most cities.

The prices in major cities such as Hyderabad, Chennai, Bengaluru, Mumbai, and Delhi were also recorded. In these cities, the prices of 24-karat gold ranged from ₹1,50,170 to ₹1,50,320 per 10 grams, while silver was priced at ₹2,40,000 per kg in all cities except Hyderabad where it was ₹2,45,000.

These declines in gold and silver prices may have implications for investors and consumers in India. However, the specific reasons behind these price drops are not mentioned in the report.