Gold prices in India remained in focus on Thursday, October 29, as buyers tracked changes in the rates of 22-karat and 24-karat gold ahead of the upcoming wedding and festive shopping season. Silver prices also drew attention from investors and jewelry buyers.
According to market-rate data published by Economic Times, 24-karat gold was priced at approximately ₹1,43,680 per 10 grams, while 22-karat gold stood at around ₹1,33,280 per 10 grams on October 29. These figures reflect a decline from the previous day’s reported rates.
Price of Gold Today in India
The price of gold varies according to purity, location, taxes and the rates used by individual jewelers. Buyers should compare the latest local rates before making a purchase.
Here are the reported indicative rates for October 29, 2026:
| Gold purity | Price per gram | Price per 10 grams |
|---|---|---|
| 24-karat gold | ₹14,368 | ₹1,43,680 |
| 22-karat gold | ₹13,328 | ₹1,33,280 |
These figures are based on the rates reported by Economic Times. Actual prices at jewelry stores may differ, and the final bill can include making charges and applicable taxes.
Why Gold Prices Change Every Day
Gold prices in India are influenced by international bullion markets, movements in the rupee against the US dollar, import costs and domestic demand. Changes in investor sentiment can also affect prices as buyers respond to economic uncertainty and expectations about interest rates.
Local jewelry prices may not move in exactly the same way as international gold prices. Dealers account for local market conditions, applicable taxes and other costs when setting retail rates.
Silver Prices on October 29, 2026
Silver remained another important metal for buyers and investors on Thursday. Its price can fluctuate with demand from jewelry manufacturers, investors and industrial users, including companies involved in electronics and solar technology.
Silver rates also vary by purity, location and the source of the quoted price. Buyers should verify the current per-gram or per-kilogram rate with a reliable bullion association or local dealer before purchasing.
What Buyers Should Check Before Purchasing Gold
People planning to buy jewelry should confirm the day’s rate for the appropriate purity. A 22-karat price is generally relevant for many gold jewelry purchases, while 24-karat gold is commonly used for investment products such as bars and coins.
Buyers should also check the hallmark, itemized making charges, applicable GST and the jeweler’s buyback policy. These details can affect the final cost even when two stores quote the same base gold rate.
