Gold Price Today: After the fall in gold prices last week, once again its price is gradually increasing. While the stock market saw a rise during early trade on Friday 29 August 2025 amid Trump tariff tension, on the other hand, gold prices have also shown a jump. Today 24 carat gold is being sold in the country at the rate of Rs 1,00,261 per 10 grams. While 22 carat gold is available at Rs 94,060 and 18 carat gold at Rs 76,960.
It is worth noting that while people buy 24 carat gold for investment purposes, 22 carat and 18 carat gold are bought for making jewelery. Let us know at what price gold is being sold in your city today.
Latest price of your city:
In the national capital Delhi, 24 carat gold is available at Rs 102,760 per 10 grams, while 22 carat gold is trading at Rs 94,210 while 18 carat gold is trading at Rs 77,090.
Similarly, the price of 24 carat gold in the financial capital Mumbai, Chennai, Kolkata, Hyderabad, Kerala and Pune today is Rs 1,02,610 per 10 grams. Whereas at these places 22 carat gold is being sold at the rate of 94,060 and 18 carat gold at the rate of Rs 76,960.
How is the rate decided?
The prices of gold and silver are decided on a daily basis and many factors are responsible for this. These mainly include the following reasons. Since the prices of gold and silver in the international market are fixed in US dollars, the change in the dollar-rupee exchange rate has a direct impact on the price of these metals. If the price of the dollar rises or the rupee weakens, the price of gold in India increases.
Most of the gold in India is imported. In such a situation, customs duty, GST and other local taxes affect the price of gold. Turmoil in the global market (such as war, economic recession or changes in interest rates) has a direct impact on the price of gold. When uncertainty increases in the global market, investors choose safe options like gold instead of stocks or other volatile assets.
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In India, gold is not only an investment, but is also associated with tradition and cultural beliefs. Buying gold on weddings, festivals and auspicious occasions is considered auspicious. Therefore, the demand is high, which affects the prices. Gold has long been an option that gives better returns than inflation. When inflation rises or there is risk in the stock market, people prefer to invest in gold. This is why its demand and price always remain the same.
