Gold and silver bullion prices fell sharply as geopolitical tensions in West Asia eased, which didn’t help precious metals to extend the rally. The fall in gold prices can bring some relief to retail buyers after rising continuously last week. However, fresh clashes between Ukraine and Russia may affect the price of the precious metals.

“Gold remained volatile, trading between Rs 74,850–Rs 75,500 on MCX, as de-escalation in Middle East tensions led to the fading of the war premium. The metal erased 2.5–3.0% of last week’s strong gains. In the short term, gold is expected to stay within a volatile trading range as market participants assess global developments. This week, significant U.S. data, including Weekly Jobless Claims and the Fed’s Meeting Minutes will be in focus, keeping gold prices highly volatile,” said Jateen Trivedi, Vice President and Research Analyst of Commodity and Currency at LKP Securities.

Gold and silver rates today, November 27

The 24-carat gold rate in India was quoted for a price of Rs 75,280 per 10 grams on November 27. The rate for 24-carat gold per gram is Rs 7,528. While the rate of 22-carat gold was Rs 69,007 per 10 grams.

The price of 24-carat gold has fallen by 1.19% in the last week. However, it has risen 1.3% in the last ten days. The silver is available to Indian customers today at a price of Rs 88,060 per kilogram.

Gold rate in Mumbai on November 27

Today, the 24-carat Gold is priced at Rs 75,280/10 grams. On November 26, the gold was available for Rs 75,430/10 grams. A week back, on November 20, gold was sold for Rs 76,190/10 grams.

Silver rate in Mumbai on November 27

Silver was sold for a price of Rs 88,060/Kg on November 27 in Mumbai, an increase of Rs 130 from November 26, when it was priced at Rs 87,930/Kg and a week ago the price was Rs 90,210.

Gold rate in Kolkata on November 27

The 24-carat gold was trading for a price of Rs 75,180/10 grams, today, November 27. The glittering metal was selling for Rs 75,330/10 grams yesterday and was quoting for Rs 75,690/10 grams last week.

Silver rate in Kolkata on November 27

Today, the silver in Kolkata was selling for a price of Rs 87,940/Kg. The price of silver was Rs 87,810/Kg on November 26. Last week on November 19, the metal was trading at Rs 90,090/Kg.

Gold rate in Delhi on November 27

On November 27, the gold was selling for Rs 75,150/10 grams. The gold was quoted at Rs 75,300/10 grams on November 26. While the price of the 24K gold was Rs 75,660/10 grams a week ago.

Silver rate in Delhi on November 27

In Delhi, the silver was priced at Rs 87,900/Kg on November 27. The price of silver was Rs 87,780/Kg on November 26. A week ago, the silver was trading for a price of Rs 89,980/Kg.

Gold rate in Chennai on November 27

On November 27, the gold was quoted in Chennai for a price of Rs 75,500/10 grams. On November 26, it was quoted for Rs 77,340/10 grams. A week ago, the price of gold was Rs 76,410/10 grams in Chennai.

Silver rate in Chennai on November 27

The silver rate in Chennai today, November 27, is Rs 88,310/Kg. On November 26, the price of silver was Rs 88,180/Kg. The silver in Chennai was available to the customers for a price of Rs 90,470/Kg a week ago.

MCX Futures on November 27

The gold MCX futures contracts with the expiry of December 2024 were quoted for Rs 75,702 per 10 gm, an increase of Rs 491. While the futures contracts for silver with the December 2024 expiry on MCX futures were trading at Rs 88,575 per kg, a rise of 325.