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Gold Price Today: Major Shock for Buyers as Gold Rate Sees Huge Rs 17,000 Jump
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Gold Prices Soar by Rs 17,000: Is Now the Right Time to Buy?
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News18
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28-03-2026, 19:30
Gold Prices Soar by Rs 17,000: Is Now the Right Time to Buy?
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Gold prices surged by approximately Rs. 17,000 after a week-long decline, ending stable this weekend.
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Factors contributing to the price increase include the Israel-America-Iran conflict, rising US Treasury yields, and central bank stances.
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On India's Multi Commodity Exchange, gold jumped from Rs. 1,29,595 to Rs. 1,47,270 per 10 grams.
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Experts suggest continued volatility due to geopolitical tensions, crude oil prices, and monetary policy expectations.
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Analysts predict domestic gold prices will remain in the Rs. 1,35,000 to Rs. 1,33,500 zone, not exceeding Rs. 1,57,600.
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