Gold Price Today, October 29: Gold Gets Costlier, Silver Falls ₹100; Check Latest Rates in 10 Cities

Gold Rate Today in India, October 29, 2026: Gold prices continued their upward movement on Thursday, October 29, extending gains for the fourth consecutive day. The latest increase comes during the festive shopping period, when demand for gold jewellery and precious metals often attracts significant attention. Meanwhile, silver prices moved in the opposite direction, recording a marginal decline after several days of limited movement.

According to the latest retail price figures provided, 24-carat gold in Delhi is priced at ₹1,44,110 per 10 grams, while 22-carat gold is available at ₹1,32,110 per 10 grams. Silver has declined by ₹100 per kilogram, bringing its quoted price in Delhi to ₹2,19,900.

Gold buyers planning to purchase jewellery or invest in precious metals should compare prices across cities, as local taxes, dealer premiums and other charges can affect the final purchase amount.

Gold Prices Rise for Fourth Straight Day

Gold has maintained a positive trend over the past few trading sessions, recovering from earlier price fluctuations.

During the latest four-day period, the quoted price of 24-carat gold has increased by approximately ₹1,380 per 10 grams. Similarly, 22-carat gold has become costlier by around ₹1,260 per 10 grams.

On October 29, Delhi recorded a smaller daily increase of ₹10 per 10 grams for both 24-carat and 22-carat gold.

Although the latest rise is relatively modest, the cumulative increase over recent sessions could affect customers planning larger jewellery purchases.

For example, someone purchasing 50 grams of 22-carat gold would face a higher gold-value cost than four days earlier, assuming the quoted increase applies to the entire purchase.

However, jewellery bills also include making charges and applicable taxes, which are separate from the quoted metal price.

Gold Rate Today: 24K, 22K and 18K Prices in 10 Indian Cities

The following table shows the reported gold prices on October 29, 2026. All rates are for 10 grams of gold.

Source: Retail rates quoted in the supplied market report. Indicative prices; actual jeweller quotations may differ.

Gold Prices in Delhi, Mumbai, Jaipur and Patna

Among the cities listed, Delhi, Lucknow and Jaipur have the highest quoted prices, with 24-carat gold available at ₹1,44,110 per 10 grams.

Mumbai, Kolkata, Chennai, Bengaluru and Hyderabad share a reported rate of ₹1,43,960 for the same quantity.

In Patna and Ahmedabad, 24-carat gold is quoted at ₹1,44,010 per 10 grams.

These differences highlight why buyers should check local market rates before finalising a purchase.

Even when gold prices appear similar across major cities, the final amount paid at a jewellery showroom may vary because of making charges, wastage policies and retailer-specific pricing.

Silver Price Today: Rates Decline by ₹100 Per Kilogram

While gold has become more expensive, silver has witnessed a slight correction.

According to the quoted figures, silver is trading at ₹2,19,900 per kilogram in Delhi after a decline of ₹100.

The same indicative price has been reported for Mumbai, Kolkata and Chennai.

The latest movement follows a period of relatively stable silver prices. Earlier, silver had reportedly experienced a substantial correction, with prices falling by approximately ₹10,000 per kilogram over October 22 and 23.

The recent decline is much smaller, suggesting that prices are currently moving within a narrower range.

Silver prices are influenced by both investment demand and industrial consumption. The metal is widely used in electronics, solar energy equipment and several manufacturing applications.

Changes in industrial activity, international silver prices and currency movements can therefore influence domestic quotations.

Why Are Gold Prices Moving Higher?

Several domestic and international developments can influence gold prices.

One important factor is the monetary policy outlook of the US Federal Reserve.

The supplied market report attributes part of the recent support for gold to the Federal Reserve's decision to leave interest rates unchanged.

Gold does not generate regular interest income. As a result, expectations of lower interest rates can make the precious metal relatively more attractive compared with interest-bearing investments.

However, the relationship is not automatic. Gold prices also respond to US Treasury yields, dollar movements, inflation expectations and global economic uncertainty.

The report also points to elevated international crude oil prices as another factor affecting market sentiment.

Higher oil prices can increase inflation concerns and influence expectations about future monetary policy decisions.

What Is the Difference Between 24K, 22K and 18K Gold?

Before purchasing gold, customers should understand the difference between the three commonly quoted purity categories.

24-carat gold: This is the highest purity category commonly traded in retail markets, generally containing approximately 99.9% gold. It is frequently used for coins and bars.

22-carat gold: This contains approximately 91.6% gold, with the remaining portion consisting of other metals. It is widely used in traditional Indian jewellery.

18-carat gold: This contains 75% gold and 25% other metals. It is commonly used in jewellery designs that require greater durability.

The price difference between these categories mainly reflects the amount of pure gold present in each product.

Important Things to Check Before Buying Gold Jewellery

Consumers planning to purchase gold during the festive or wedding season should compare quotations from multiple jewellery stores.

Checking the BIS hallmark and the Hallmark Unique Identification (HUID) number can help buyers verify the authenticity and declared purity of hallmarked jewellery.

Customers should also request a detailed invoice showing the gold weight, purity, making charges, applicable GST and total amount payable.

It is important to remember that the market price of gold is not necessarily the final jewellery price.

Making charges can significantly increase the overall cost, particularly for intricate designs.

Will Gold Prices Rise Further?

The direction of gold prices in the coming days will depend on several factors, including international bullion trends, US monetary policy expectations, currency fluctuations and domestic demand.

The recent four-day increase indicates short-term upward momentum in the quoted retail prices, but it does not guarantee that the rally will continue.

Investors should avoid making decisions based solely on daily price movements.

For jewellery buyers, comparing local prices and understanding the complete purchase cost may be more useful than attempting to predict short-term market fluctuations.

Gold and Silver Prices Today: Key Takeaway

Gold prices have continued to rise on October 29, 2026, with Delhi's 24-carat rate reaching ₹1,44,110 per 10 grams. The reported four-day increase stands at ₹1,380 for 24-carat gold and ₹1,260 for 22-carat gold.

Silver, meanwhile, has declined by ₹100 per kilogram to ₹2,19,900 in several major cities.

Consumers planning to purchase gold or silver should verify the latest rates with their local jeweller, as prices can change during the day.

Disclaimer: The prices mentioned above are based on the supplied market report and have not been independently verified against live bullion quotations. They are provided for general information and should not be treated as investment advice. Precious-metal prices are subject to market fluctuations.