Gold Prices Surge on October 28, 2026, Across Major Cities
Gold rates have increased significantly today, with notable rises in various cities across India.
Gold prices for 22-carat gold rose by ₹60 in most cities.
Prices for 1 gram of 22-carat gold range from ₹13,195 to ₹13,345.
The highest price for 8 grams of 24-carat gold reached ₹1,12,096 in Bhubaneswar and Patna.
On October 28, 2026, gold prices experienced a notable increase across several cities in India. The price for 1 gram of 22-carat gold rose to ₹13,275, marking an increase of ₹60 compared to the previous day. Similarly, the price for 8 grams of 22-carat gold now stands at ₹1,06,200, up by ₹480.
In Coimbatore, the price for 1 gram of 22-carat gold is ₹13,195, while 8 grams cost ₹1,05,560. The 24-carat gold prices in the same city are ₹13,855 for 1 gram and ₹1,10,840 for 8 grams. In Nagpur, the prices mirror this trend, with 22-carat gold priced at ₹13,245 for 1 gram and ₹1,05,960 for 8 grams.
Other cities also reported similar increases. For instance, in Jaipur, the 22-carat gold price is ₹13,299 for 1 gram, and in Lucknow, it is ₹13,295. The 24-carat gold prices in these cities are ₹13,964 and ₹13,960, respectively. The consistent rise across various locations indicates a strong demand for gold in the market.
The implications of these price changes are significant for consumers and investors alike. As gold is traditionally viewed as a safe investment, the rising prices may lead to increased purchases, especially during festive seasons. This trend could also impact local jewelers and the overall economy, particularly in regions where gold trading is a major business.
Looking ahead, market analysts will be closely monitoring gold prices in the coming weeks, especially as the festive season approaches. Consumers are advised to stay informed about market trends and consider their purchases carefully, as fluctuations in gold prices can significantly affect investment decisions.
