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India gold prices remain volatile on June 28 as MCX August gold futures rise 0.75%

Gold prices in India stayed volatile on June 28, with 24K gold averaging around ₹14,400 per gram nationwide, about 4.6% below Monday’s high. After softer U.S. inflation data eased immediate concerns over a Federal Reserve rate hike, MCX gold futures (August) rose 0.75% while silver futures (July) gained more than 1%, according to IANS. Spot gold was highest in Chennai at ₹14,586 per gram, while Delhi, Mumbai and Kolkata were mostly in the ₹14,395–14,410 per gram range. Silver was quoted at ₹240 per gram, unchanged from the previous day.
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