Our analysis of gold prices suggests that they have risen steadily since October 2024. This anomalous rise has affected the economy of gold buyers and traders. However, the good news comes for those intending to buy gold. After a rise in price recently, gold markets are showing signs of a decline, which could be an opportunity for prospective buyers.
Recent Drop in Gold Prices
In the last couple of days, prices of 10 grams of gold have decreased by ₹500 per gram. The recent price dip could be a great opportunity for those gold buyers who were in urgent need of investment around the end of February. Indian bullion markets have made adjustments to the gold rates in all states, which is the right time for buyers to take this opportunity to invest.
If you are planning to buy gold in the next few days or months, right now would be the golden chance for you to make a rewarding investment.
Gold Rates on 28 February 2025
Here are the current prices for 10 grams of gold across different carats:
- 18-carat gold: ₹65,130
- 22-carat gold: ₹79,600
- 24-carat pure gold: ₹86,400
Today’s Price Drop Compared to Yesterday
Here’s a comparison of gold prices between 27 February and 28 February 2025:
- 18-carat gold: A decrease of ₹410.
- 22-carat gold: A drop of ₹500.
- 24-carat pure gold: Reduced by ₹540.
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