Gold Rate Today: Today, on Thursday 29 May, there is a big decline in the gold price for the second consecutive day. Gold prices have fallen by Rs 400 as compared to yesterday. The rate of 24 carat gold is trading at Rs 97,100 and 22 carat gold at the level of Rs 88,900. Know here today on Thursday 29 May 2025, what was the price of gold and silver in big cities of the country.
Why is there a steady decline in gold in India
The main reason for the fall in gold prices is to reduce demand in the international market. Due to intensity of business talks between the US and the European union, investors are now feeling low to consider gold as a safe investment, which has reduced its purchase. For this reason, the price of gold fell from $ 3,350 to $ 3,296.92 an ounce. In addition, the domestic demand of gold has also been affected by the fluctuations of dollar and rupee and extending the deadline to increase the tariff on EU. Due to decrease in geopolitical tension, people are now moving towards other investment options, which keeps the prices of gold. Experts say that gold prices may fall further in the coming days.
Gold prices in big cities of the country – 29 May 2025
Gold has become cheaper for the second consecutive day on Thursday 29 May. The price of 22 carat gold fell by Rs 400 in Delhi. At the same time, 24 carat gold rate has become cheaper by Rs 380. Today, 22 carat gold in Delhi was Rs 89,950 and 24 carat gold was Rs 97,190 per 10 grams. In Mumbai, 22 carat gold is trading at Rs 88,950 and 24 carat gold at Rs 97,040 per 10 grams. In Mumbai, 22 and 24 carat gold declined by about Rs 300. Today’s price of gold Has been given.
City name | 22 carat gold rate | 24 carat gold rate |
Delhi | 89,100 | 97,190 |
Chennai | 88,950 | 97,040 |
Mumbai | 88,950 | 97,040 |
Kolkata | 89,950 | 97,040 |
Jaipur | 89,100 | 97,190 |
Noida | 89,100 | 97,190 |
Ghaziabad | 89,100 | 97,190 |
Lucknow | 89,100 | 97,190 |
Bangalore | 88,950 | 97,040 |
Patna | 88,950 | 97,040 |
Today’s rate of silver – 29 May 2025
On Thursday 29 May 2025, the silver price was Rs 99,900. The price of silver yesterday was at Rs 1,00,000 per kg. Today it has fallen by Rs 100.
How is the price of gold decided?
The price of gold in India varies due to many reasons, such as international market prices, government tax and rupee fluctuations. Gold is not only a means of investment, but also an important part of our traditions and festivals. Especially during marriage and festivals, its demand increases.
Gold Rate: Gold becomes cheap! Gold will come soon 94000, invest in gold now or wait?