Gold and silver price today, Sept 28: Check retail rates of 24K, 22K gold and 999 silver in Mumbai, Delhi, other cities - Livemint

AI desk brief

MCX gold and silver were softer in early Indian trade despite fresh US-Iran tensions, with MCX Gold 5 October down nearly 2% at ₹148,092/10g and MCX Silver 4 December 2.6% lower at ₹228,566/kg around 9:03 am. Retail rates were also detailed across major Indian cities, with 24K gold around ₹148,910/10g nationally and silver 999 at ₹228,780/kg according to IBA data.

The piece flags continued safe-haven support from the Middle East backdrop: Iran kept its Strait of Hormuz reopening conditions unchanged, while Trump warned further strikes remain possible. The article also notes gold’s strongest bull run since 1979, up more than 75% year-to-date, and says silver has risen even more steeply, helped by demand and currency effects.