Introduction:
Gold prices in India remained unchanged at ₹72,000 per 10 grams on 28 June 2025, as the bullion market consolidated after recent gains. Mixed signals from international markets, a pause in the US dollar rally, and steady physical demand kept gold rates stable across the country.
The price stability comes after a ₹90 increase on the previous day, driven by festive buying and global cues. While global investors remain cautious ahead of key economic data, Indian buyers are continuing to show interest in gold as part of their portfolio and cultural investments.
Today’s Gold Rates in India (Per 10 Grams):
Purity | Price (INR) | Change |
---|---|---|
24K Gold | ₹72,000 | No change |
22K Gold | ₹65,980 | No change |
Silver (1kg) | ₹89,600 | ▲ ₹150 |
Why Gold Prices Stayed Flat Today:
1. Global Cues Remain Neutral:
- Spot gold in the international market hovered around $2,318/oz, with no major trigger to move prices significantly.
- The US dollar remained flat while bond yields saw minimal change, contributing to muted movement in global bullion prices.
2. Steady Physical Demand:
- With ongoing wedding purchases and early festive preparations, gold demand remains consistent in Indian markets.
- However, no surge in demand or supply constraints led to price consolidation.
3. Investors Waiting for Economic Data:
- Traders are looking forward to next week’s release of US PCE inflation data, which could influence Fed rate outlook.
- Until then, both institutional and retail investors are playing safe.
City-Wise Gold Rates in India (24K – 28 June 2025):
City | Gold Price (INR) |
---|---|
Delhi | ₹72,000 |
Mumbai | ₹71,980 |
Chennai | ₹72,180 |
Kolkata | ₹71,960 |
Bengaluru | ₹72,010 |
Hyderabad | ₹72,000 |
Expert View:
“Gold prices holding steady at ₹72,000 signals healthy consolidation. The market is awaiting global economic signals before the next directional move.”
— Deepak Sinha, Senior Commodity Analyst
Market Outlook:
The outlook for gold remains cautiously optimistic. While no immediate rally is expected, continued global uncertainty, inflation concerns, and geopolitical risks may keep gold attractive in the medium term.
Some analysts suggest that a break above ₹72,200 could trigger fresh buying interest, while any correction below ₹71,800 may offer a buying opportunity for long-term investors.
Silver Price Trends:
Silver prices moved higher by ₹150, reaching ₹89,600 per kg. The increase was due to:
- Renewed demand from the industrial sector.
- Support from international silver rates.
- Positive outlook for green technologies and electronics.
Silver is becoming increasingly popular among young investors as a low-cost alternative to gold.
Is It a Good Time to Buy Gold?
- If you're a long-term investor, gold at ₹72,000 remains a reasonable entry point.
- Sovereign Gold Bonds (SGBs) and gold ETFs are preferred for those looking to avoid physical storage.
- Use price dips to accumulate in small amounts via monthly SIPs in digital gold.
Investment Tip:
Don’t invest in gold purely for short-term gains. It works best as a portfolio hedge and should ideally constitute 5–10% of your overall investments.
Comparison With Other Assets (June 2025):
Asset Class | 1-Month Return | Risk Level | Outlook |
---|---|---|---|
Gold | +0.4% | Low | Stable to Positive |
Stock Market | +1.2% | Medium | Volatile |
Fixed Deposits | 0.5% | Low | Stable |
Silver | +1.8% | Medium | Strong Demand |
Conclusion:
On 28 June 2025, gold prices in India held steady at ₹72,000 per 10 grams, with no major change from the previous session. The market is currently in a wait-and-watch mode, awaiting fresh cues from global economic indicators. For Indian buyers, this stability offers a good window to invest gradually, especially with festivals and weddings approaching.
Gold remains a reliable store of value amid economic uncertainties and should continue to play a key role in diversified investment portfolios.