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Reading: Big Drop in Gold Prices Across India Today — Best Time to Buy Before April 30
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Market Research Activity > Blog > Market > Big Drop in Gold Prices Across India Today — Best Time to Buy Before April 30
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Big Drop in Gold Prices Across India Today — Best Time to Buy Before April 30

Last updated: 2025/04/28 at 4:12 AM
MRA Team Published April 28, 2025
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Big Drop in Gold Prices Across India Today — Best Time to Buy Before April 30

Contents
Gold Prices Today, April 28: Big Drop Before Akshaya Tritiya! See Latest Rates in Mumbai, Delhi, Chennai, Bengaluru, Hyderabad, KolkataWhy Are Gold Prices Falling TodayIs It a Good Time to Buy GoldGold and Silver Rates Today — April 28, 2025City-Wise Gold and Silver Prices — April 28MumbaiNew DelhiBengaluruChennaiHyderabadKolkataKey Takeaways: Should You Buy Gold Before Akshaya Tritiya 2025

Gold Prices Today, April 28: Big Drop Before Akshaya Tritiya! See Latest Rates in Mumbai, Delhi, Chennai, Bengaluru, Hyderabad, Kolkata

As Akshaya Tritiya 2025 approaches, gold prices across India have seen a sharp drop, giving buyers a golden opportunity! Whether you’re planning to buy for tradition, investment, or both, here’s everything you need to know about today’s gold and silver rates city by city.

Why Are Gold Prices Falling Today

Gold prices fell today, April 28, because of two major global factors:

  • Stronger US Dollar: A stronger dollar typically pulls gold prices down.

  • US-China Trade Hopes: US President Donald Trump claimed to have spoken to China’s Xi Jinping, stirring cautious optimism for trade talks, even though Beijing said negotiations are “not active”.

As a result, gold prices have cooled off from their recent record highs of ₹1 lakh (retail including GST).

Is It a Good Time to Buy Gold

Absolutely — especially for Indian buyers!
April 30 marks Akshaya Tritiya (also called Akha Teej), a very auspicious day in Hindu culture to buy gold. It’s believed that gold bought on Akshaya Tritiya never diminishes and brings lasting prosperity and wealth.

Besides tradition, gold remains a safe haven investment against market uncertainties — a smart choice for investors securing their portfolios.


Gold and Silver Rates Today — April 28, 2025

At 8 AM, here’s how prices stood:

  • MCX Gold: ₹94,818 per 10 grams (down ₹174)

  • MCX Silver: ₹95,800 per kg (down ₹641)

According to the Indian Bullion Association (IBA):

  • 24-Carat Gold: ₹95,060/10 grams

  • 22-Carat Gold: ₹87,138/10 grams

  • Silver (999 Fine): ₹96,350/kg


City-Wise Gold and Silver Prices — April 28

Here’s how much gold and silver cost today across major Indian cities:

Mumbai

  • Gold Bullion: ₹95,010/10 grams

  • MCX Gold: ₹94,818/10 grams

  • Silver Bullion: ₹96,210/kg

  • MCX Silver 999: ₹95,800/kg

New Delhi

  • Gold Bullion: ₹94,840/10 grams

  • MCX Gold: ₹94,818/10 grams

  • Silver Bullion: ₹96,040/kg

  • MCX Silver 999: ₹95,800/kg

Bengaluru

  • Gold Bullion: ₹95,080/10 grams

  • MCX Gold: ₹94,818/10 grams

  • Silver Bullion: ₹96,280/kg

  • MCX Silver 999: ₹95,800/kg

Chennai

  • Gold Bullion: ₹95,280/10 grams

  • MCX Gold: ₹94,818/10 grams

  • Silver Bullion: ₹96,490/kg

  • MCX Silver 999: ₹95,800/kg

Hyderabad

  • Gold Bullion: ₹96,160/10 grams

  • MCX Gold: ₹94,818/10 grams

  • Silver Bullion: ₹96,360/kg

  • MCX Silver 999: ₹95,800/kg

Kolkata

  • Gold Bullion: ₹94,880/10 grams

  • MCX Gold: ₹94,818/10 grams

  • Silver Bullion: ₹96,080/kg

  • MCX Silver 999: ₹95,800/kg


Key Takeaways: Should You Buy Gold Before Akshaya Tritiya 2025

  • Prices have dropped, making it a great time to buy.

  • Akshaya Tritiya is on April 30, considered highly lucky for gold purchases.

  • Gold remains a trusted investment for portfolio protection.

  • Silver prices have also fallen — a bonus if you’re looking to diversify.

If you’re planning to make a purchase this festive season, today and tomorrow could be your best chance before any market rebound

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TAGGED: akshaya tritiya gold buying, gold prices april 28 2025, gold rates bengaluru, gold rates chennai, gold rates delhi, gold rates hyderabad, gold rates kolkata, gold rates mumbai, investment in gold india, should you buy gold now, silver prices april 28

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