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Gold Rate Today 28 November: Gold prices are seeing a decline on Thursday. Gold is also seen trading in the red in the futures market. On Thursday, on the MCX exchange, gold for delivery on 5 February 2025 was seen trading at Rs 76,280 per 10 grams, down 0.31 percent or Rs 236. At the same time, gold for delivery on 5 December 2024 was seen trading at Rs 75,480 per 10 grams, down 0.37 percent or Rs 280.
global gold prices
Along with the domestic market, gold prices have also seen a decline in the global market today. The global price of gold on Comex was seen trading at $2653.80 per ounce with a decline of 0.41 percent i.e. $11. At the same time, Gold Spot was seen trading at $2,629.97 per ounce with a decline of 0.23 percent i.e. $6.05.
Domestic spot price of gold
On Wednesday, spot gold prices returned to a rise after two days of sharp decline amid strong global trends and strong demand from local jewelers. According to the All India Sarafa Association, gold of 99.9 percent purity rose by Rs 650 to Rs 78,800 per 10 grams in the national capital on Wednesday. Earlier, gold had declined by Rs 2,250 in two trading sessions. The price of 99.5 percent purity gold closed at Rs 78,700 per 10 grams on Wednesday with a gain of Rs 950. According to experts, the increase in gold prices on Wednesday was due to the unstable geopolitical situation in West Asia as well as increasing demand in the industrial and wear business segment in the domestic market.
