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Gold prices in India rebounded on April 29, 2025, but remain below Rs 1 lakh per 10 grams. Check latest rates in Mumbai, Hyderabad, Delhi, and Chennai.
Gold Price Today In India: Check 22K And 24K Latest Rates In Mumbai, Chennai, Delhi, Bangalore, Hyderabad And More
Gold Rates Today in India: Gold price rebounded after weakness on Tuesday morning, April 29. However, yellow metal is still trading below Rs 1 lakh-mark. In Mumbai, the 22-carat gold price stood at Rs 89,800 per 10 gram, while it was Rs 97,970 per 20 gram for 24-carat.
Gold prices increased for the past few months amid global economic uncertainties and US recession fears and crossed the Rs 1 lakh mark on Tuesday.
Known for its unmatched purity, 24-carat gold continues to attract buyers seeking premium quality. Meanwhile, 22-carat gold, prized for its durability and timeless charm, remains a favourite among jewellery enthusiasts and investors alike, striking a balance between elegance and practicality.
After making a record high, gold prices have dropped quite a bit in the last couple of days, mainly due to profit taking & renewed interest emerges in the U.S. dollar, said Satish Dondapati, Fund Manager, Kotak Mahindra AMC.
He said that going forward in short term gold’s appeal will depend on upcoming economic data, including US inflation and employment data, which will be crucial in determining the Federal Reserve’s stance on interest rates.
“However, long-term outlook remains bullish, supported by strong central bank purchases and geopolitical uncertainties. Silver prices have shown resilience, due to the ongoing industrial demand and as a safe-haven investment. The long-term trend remains upward for silver, supported by industrial demand, lower interest rates expectations and continued economic uncertainties.”
Here’s a detailed breakdown of gold prices across key cities (April 29, 2025):
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | Rs 89,950 | Rs 98,120 |
| Jaipur | Rs 89,950 | Rs 98,120 |
| Ahmedabad | Rs 89,850 | Rs 98,020 |
| Patna | Rs 89,850 | Rs 98,020 |
| Mumbai | Rs 89,800 | Rs 97,970 |
| Hyderabad | Rs 89,800 | Rs 97,970 |
| Chennai | Rs 89,800 | Rs 97,970 |
| Bengaluru | Rs 89,800 | Rs 97,970 |
| Kolkata | Rs 89,800 | Rs 97,970 |
Silver Price In India Today (April 29, 2025)
The price of silver remained unchanged above its Rs 1 lakh level to trade at Rs 1,00,500 per kg in Mumbai., according to goodreturns.in.
What Factors Affect Gold Prices In India?
International market rates, import duties, taxes, and fluctuations in exchange rates primarily influence gold prices in India. Together, these factors determine the daily gold rates across the country.
In India, gold is deeply cultural and financial. It is a preferred investment option and is key to celebrations, particularly weddings and festivals.
With constantly changing market conditions, investors and traders monitor fluctuations closely. Staying updated is crucial for effectively navigating dynamic trends.
