Gold Rate Today 28 November: A decline in gold prices is seen on Thursday. Even in the futures market, gold is seen trading at the red mark. On Thursday, gold for delivery on February 5, 2025 was seen trading at Rs 76,280 per 10 grams, down 0.31 per cent or Rs 236 on the MCX exchange. At the same time, gold for delivery on December 5, 2024 fell by 0.37 percent or Rs 280 and was seen trading at Rs 75,480 per 10 grams.
global gold prices
A decline in gold prices has been seen today not only in the domestic market but also in the global market. The global price of gold on Comex was seen trading at $ 2653.80 an ounce, down 0.41 percent or $ 11. At the same time, gold spot was seen trading at $ 2,629.97 an ounce with a decline of 0.23 percent or $ 6.05.
domestic spot price of gold
On Wednesday, spot gold prices regained momentum after a two-day sharp fall amid a strong global trend and strong demand from local jewelers. According to the All India Bullion Association, gold of 99.9 per cent purity had risen by Rs 650 to Rs 78,800 per 10 grams in the national capital on Wednesday. Earlier, gold had fallen by Rs 2,250 in two trading sessions. The price of gold of 99.5 percent purity closed at Rs 78,700 per 10 grams with an increase of Rs 950 on Wednesday. According to experts, the rise in gold prices on Wednesday was due to the unstable geopolitical situation in West Asia as well as increasing demand in the industrial and apparel business segments in the domestic market.
