Gold & Silver Rates Today β 28 October 2026
| Date | Gold (24K) | Silver | ||
|---|---|---|---|---|
| Call & move | Result | Call & move | Result | |
| 28 Oct | Sidewaysawaiting tomorrow | Pending | Sidewaysawaiting tomorrow | Pending |
| 27 Oct | SidewaysRose ~1.2% | β Partly | SidewaysRose ~0.8% | β Partly |
| 26 Oct | SidewaysFirmed ~0.5% | β Right | SidewaysEased ~0.3% | β Right |
| 23 Oct | SidewaysEased ~0.8% | β Partly | SidewaysFell ~3.4% | β Miss |
| 22 Oct | SidewaysFell ~2.2% | β Miss | SidewaysFell ~2.4% | β Miss |
| 21 Oct | SidewaysFlat +0.1% | β Right | SidewaysFlat +0.5% | β Right |
Good morning β here is your AT Jewels gold & silver note for 28 October 2026. It is a US Fed decision day, so markets are holding their breath until late tonight.
In short (28 October 2026): 24K gold is around βΉ1,42,760/10g and 22K around βΉ1,30,860/10g; silver is about βΉ2,19,900/kg. Both recovered overnight β gold back above the $4,000 mark and silver off this month's lows β but the tone is sideways and wait-and-watch ahead of tonight's US Federal Reserve decision. These are indicative India reference levels; AT Jewels' live counter rate is the billing price.
Today's rates at a glance
- 24K gold: around βΉ1,42,760 per 10g (indicative)
- 22K gold: around βΉ1,30,860 per 10g (indicative)
- Silver: about βΉ2,19,900 per kg (indicative)
These are indicative reference levels only. The one rate that actually bills your purchase is AT Jewels' live counter / board rate at the moment of buying β in store or over WhatsApp.
What is moving the market this week
Everything this week bends around one event: the US Federal Reserve's rate decision, out late tonight India time, followed by the new Chair's press conference. Markets have almost fully priced a βholdβ today, so the decision itself is unlikely to be the surprise β it is the tone of the commentary, and whether it points to a December move, that will set direction. A firm US dollar near two-week highs and still-high US bond yields have been the steady headwind on gold through October.
Against that backdrop, both metals quietly recovered overnight: gold climbed back above the $4,000 mark after defending it, and silver bounced off the lows it made earlier this month. For Indian buyers there is an extra cushion β the rupee sitting near record-low levels keeps our local prices firm even when global prices wobble, and festive-season jewellery demand is still supporting the counter.
The near-term view
Our read for the next day or two is broadly sideways for both metals, with a light range β roughly steady around today's levels until the Fed decision tonight gives the market a clear cue. Gold looks the steadier of the two; silver can still swing more sharply in either direction, so we stay a little cautious there. For families buying for a wedding or festival, the sensible approach is unchanged: buy by your need and your date, and buy in parts rather than trying to time a single βperfectβ day or chasing a green screen. This is a general outlook, not a forecast β prices can move either way after tonight.
Frequently asked
What is the gold rate today in India?
24K gold is around βΉ1,42,760/10g and 22K around βΉ1,30,860/10g today (indicative). The final price you pay depends on making charges, GST and AT Jewels' live counter rate at the time of billing.
What is the silver rate today?
Silver is about βΉ2,19,900/kg today (indicative), having recovered off this month's lows.
Will gold prices go up or down this week?
The week hinges on tonight's US Fed decision and its tone. Gold has steadied back above the $4,000 mark, but with the dollar firm the near-term read is sideways β no one can say for certain which way it breaks after the Fed, so buy by your need rather than a prediction.
β Nitin Bardia / AT Jewels
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Disclaimer: This note is general market commentary for information only and is not investment, trading or financial advice, nor a recommendation to buy or sell any commodity. Rates shown are indicative and can change through the day; the binding price for any transaction is AT Jewels' live counter rate at the time of purchase. Precious-metal prices can move against any view expressed here. Please make your own decision or consult a qualified adviser before any investment.