Gold and silver rates held firm across major Indian hubs on Saturday, August 29, 2026, with 24-carat gold hovering near ₹1.61 lakh per 10 grams and silver trading up to ₹2.65 lakh per kilogram.
Bullion prices maintained an upward trajectory across domestic markets on Saturday, August 29, 2026. The retail price for 24-carat gold hovered around ₹1.61 lakh per 10 grams, while 22-carat gold traded close to ₹1.48 lakh per 10 grams. Minor regional variations in retail precious metal rates persist due to municipal taxation, local logistics and regional market dynamics, while broader domestic trends continue to track international macroeconomic shifts and US Federal Reserve policy signals.
City-wise gold rates today (Per 10 grams)
| City | 22K Gold (10g) | 24K Gold (10g) | 18K Gold (10g) |
| Delhi | ₹1,47,850 | ₹1,61,280 | ₹1,21,000 |
| Mumbai | ₹1,47,700 | ₹1,61,133 | ₹1,20,850 |
| Bengaluru | ₹1,47,700 | ₹1,61,133 | ₹1,20,850 |
| Chennai | ₹1,48,000 | ₹1,61,460 | ₹1,25,700 |
| Pune | ₹1,47,700 | ₹1,61,133 | ₹1,20,850 |
| Kolkata | ₹1,47,700 | ₹1,61,133 | ₹1,20,850 |
| Hyderabad | ₹1,47,700 | ₹1,61,133 | ₹1,20,850 |
| Ahmedabad | ₹1,47,750 | ₹1,61,180 | ₹1,20,900 |
City-wise silver rates today (Per kilogram)
| City / Region | Price (999 Fine Silver per kg) |
| Delhi | ₹2,55,000 |
| Mumbai | ₹2,55,000 |
| Kolkata | ₹2,55,000 |
| Bengaluru | ₹2,55,000 |
| Pune | ₹2,55,000 |
| Chennai | ₹2,65,000 |
| Hyderabad | ₹2,65,000 |
| Thiruvananthapuram | ₹2,65,000 |
Key drivers behind the surge in precious metals
US federal reserve policy: Anticipation surrounding interest rate trajectories and global monetary policy continues to directly influence investor appetite for non-yielding assets like gold and silver.
Geopolitical volatility: Ongoing international conflicts and geopolitical risks drive sustained safe-haven capital inflows into precious metals.
Central bank accumulation: Persistent reserves buying by global central banks provides underlying support to international spot gold valuations.
US dollar fluctuations: Movements in the US dollar index impact international bullion pricing, which directly filters down to Indian physical retail markets.
Published: 29 Aug 2026, 10:44 am IST
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