Dailyhunt
Gold Rate Today [29 April, 2026]: Gold Rates Edges Lower to $4,626, Inflation Fears Weigh; Domestic Rates Steady to ₹1.51 Lakh/10g | Check City-Wise Price of 24K, 22K & 18K

Gold Rate Today [29 April, 2026]: Gold Rates Edges Lower to $4,626, Inflation Fears Weigh; Domestic Rates Steady to ₹1.51 Lakh/10g | Check City-Wise Price of 24K, 22K & 18K

Gold Price Today, 29 April 2026: Gold prices in India eased on 29 April 2026 after a sharp rally earlier this month, giving buyers some breathing space ahead of the wedding and festive demand cycle.

Domestic bullion rates slipped across purity levels, while global prices faced pressure from a stronger US dollar and rising crude oil prices. Even after today's correction, 24K gold remains above ₹15,000 per gram, showing how elevated prices still are compared with previous months. Investors are now balancing inflation risks, geopolitical uncertainty and profit-booking trends.

Domestic Gold Prices (India) - 29 April 2026

  • 24K Gold: ₹15,093 per gram (down ₹278)
  • 22K Gold: ₹13,835 per gram (down ₹255)
  • 18K Gold: ₹11,320 per gram (down ₹208)
  • 10 gm 24K: ₹1,50,930
  • 10 gm 22K: ₹1,38,350
  • 100 gm 24K: ₹15,09,300

Note: Final purchase prices at retailers will include 3% GST and additional making charges, which typically range from 5% to 25% for physical silver items.

Check City-Wise Gold Rate Today (per 10 grams)

Delhi Gold Rate Today

  • 24K: ₹15,108/g
  • 22K: ₹13,850/g
  • 18K: ₹11,335/g

Mumbai Gold Rate Today

  • 24K: ₹15,093/g
  • 22K: ₹13,835/g
  • 18K: ₹11,320/g

Chennai Gold Rate Today

  • 24K: ₹15,382/g
  • 22K: ₹14,100/g
  • 18K: ₹11,760/g

Bangalore Gold Rate Today

  • 24K: ₹15,093/g
  • 22K: ₹13,835/g
  • 18K: ₹11,320/g

Hyderabad Gold Rate Today

  • 24K: ₹15,093/g
  • 22K: ₹13,835/g
  • 18K: ₹11,320/g

Kolkata Gold Rate Today

  • 24K: ₹15,093/g
  • 22K: ₹13,835/g
  • 18K: ₹11,320/g

Kerala Gold Rate Today

  • 24K: ₹15,093/g
  • 22K: ₹13,835/g
  • 18K: ₹11,320/g

Pune Gold Rate Today

  • 24K: ₹15,093/g
  • 22K: ₹13,835/g
  • 18K: ₹11,320/g

Ahmedabad Gold Rate Today

  • 24K: ₹15,098/g
  • 22K: ₹13,840/g
  • 18K: ₹11,325/g

Vadodara Gold Rate Today

  • 24K: ₹15,098/g
  • 22K: ₹13,840/g
  • 18K: ₹11,325/g

Jaipur Gold Rate Today

  • 24K: Approx ₹15,108/g
  • 22K: Approx ₹13,850/g
  • 18K: Approx ₹11,335/g

Lucknow Gold Rate Today

  • 24K: Approx ₹15,108/g
  • 22K: Approx ₹13,850/g
  • 18K: Approx ₹11,335/g

International Gold Rates Today

  • Spot Gold: Near $4,626
  • Day Change: -1.1%
  • Support Level: $4,600
  • Resistance Levels: $4,668 / $4,746
  • Trend remains cautious with geopolitical support but dollar pressure.
  • Key Stats:
    • Open: 4,679.1201
    • Prev Close: 4,681.8501

Major Indian Gold City Rates: 24K, 22K & 18K

City / Region24K Gold (1g)22K Gold (1g)18K Gold (1g)
Delhi₹15,108₹13,850₹11,335
Mumbai₹15,093₹13,835₹11,320
Chennai₹15,382₹14,100₹11,760
Bangalore₹15,093₹13,835₹11,320
Hyderabad₹15,093₹13,835₹11,320
Kolkata₹15,093₹13,835₹11,320
Kerala₹15,093₹13,835₹11,320
Pune₹15,093₹13,835₹11,320
Ahmedabad₹15,098₹13,840₹11,325
Vadodara₹15,098₹13,840₹11,325
Jaipur₹15,120₹13,870₹11,340
Lucknow₹15,140₹13,880₹11,350
Noida₹15,593₹14,295₹11,699
Gurugram₹15,610₹14,310₹11,710
Ghaziabad₹15,550₹14,255₹11,666
Faridabad₹15,540₹14,240₹11,655

Note: Rates are indicative retail averages and may vary by jeweller, making charges, GST and locality.

Major Countries Gold Rates Today: 24K, 22K & 18K

Country24K Gold (1g)22K Gold (1g)18K Gold (1g)
UAE₹14,216₹13,159₹10,815
Saudi Arabia₹14,356₹13,145₹10,756
Qatar₹14,278₹13,149₹10,758
Kuwait₹14,247₹13,154₹10,777
Oman₹14,266₹13,319₹10,887
Bahrain₹14,098₹13,145₹10,762
Singapore₹15,082₹13,748₹11,250
USA₹14,239₹13,482₹11,032
UK (England)₹13,993₹12,827₹10,500
Canada₹14,674₹13,896₹11,373
Australia₹15,175₹13,911₹11,383
China₹14,179₹12,997₹10,634
Japan₹14,163₹12,983₹10,622
Germany₹14,204₹13,019₹10,648
France₹14,204₹13,019₹10,648

Note: Rates are indicative market prices and may vary by taxes, premiums, exchange rates and local dealer charges.

Gold Rate in India for Last 10 Days (1 kg)

Date24K Gold (1 kg)22K Gold (1 kg)Daily Change (24K)
Apr 28, 2026₹1,50,93,000₹1,38,35,000-₹2,78,000
Apr 27, 2026₹1,53,71,000₹1,40,90,000-₹33,000
Apr 26, 2026₹1,54,04,000₹1,41,20,0000
Apr 25, 2026₹1,54,04,000₹1,41,20,0000
Apr 24, 2026₹1,54,04,000₹1,41,20,000+₹49,000
Apr 23, 2026₹1,53,55,000₹1,40,75,000-₹1,20,000
Apr 22, 2026₹1,54,75,000₹1,41,85,000-₹54,000
Apr 21, 2026₹1,55,29,000₹1,42,35,0000
Apr 20, 2026₹1,55,29,000₹1,42,35,000-₹49,000
Apr 19, 2026₹1,55,78,000₹1,42,80,0000

International Market Sentiment & Key Drivers

  • Stronger US dollar limiting bullion upside
  • Middle East tensions supporting safe-haven demand
  • Traders booking profits after recent highs
  • Focus on US employment and confidence data

Domestic Market Sentiment & Key Drivers

  • Wedding season demand remains steady
  • Buyers waiting for deeper correction
  • Imports fell over 50% y-o-y in March
  • Jewellers seeing selective buying in lightweight jewellery

Oil & Inflation

  • Brent crude is trading in a volatile range around $90-$95 per barrel, keeping energy markets under pressure.
  • Oil prices are up nearly 15%-20% from recent lows, driven by supply concerns and geopolitical risks.
  • A $10 rise in crude can add about 0.3%-0.5% to India's inflation (CPI).
  • Energy contributes roughly 10%-15% of India's inflation basket, making it highly sensitive to oil swings.
  • Higher oil raises transport and production costs, pushing prices across goods and services.
  • Global core inflation remains sticky, with several economies still above central bank targets of 2%-3%.
  • Inflation pressure from oil often strengthens gold demand as a hedge.
  • However, a stronger US dollar can still limit gold's upside despite inflation support.

MCX Performance

  • Domestic futures remain volatile
  • Traders tracking rupee movement and COMEX cues
  • Near-term support expected after today's decline

Gold ETF Performance (2025-2026)

Fund / Indicator2025 Return2026 Trend (YTD)AUM GrowthKey Insight
Nippon India Gold ETF~47%-60%Stable with volatilityStrong inflowsLarge investor base, high liquidity
ICICI Prudential Gold ETF~47%-60%Mild correction phaseRising AUMConsistent tracking of gold index
HDFC Gold ETF~46%-60%Slight consolidationExpanding AUMSome portfolio rebalancing impact
SBI Gold ETF~45%-58%Range-bound movementModerate inflowsLow-cost passive exposure
Axis Gold ETF~44%-60%Volatile but positiveSteady growthRetail participation increasing
Average Gold ETF Returns (India)~47% (2025 avg)~10-15% YTD 2026Record highs in 2025Driven by safe-haven demand
Industry-wide AUM Trend+148% (2025 surge)Continued inflows₹1 lakh crore+ segmentStrong institutional buying

Key Investment Metrics

  • Long-term hedge against inflation
  • High liquidity asset
  • Portfolio diversifier
  • Sensitive to global macro trends

Comparison: Physical Gold vs Gold ETFs

FactorPhysical GoldGold ETFs
FormJewellery, coins, barsUnits backed by gold
Purity Level22K-24K (varies by product)99.5%+ standardised purity
Price TrackingIncludes making charges (8%-20%)Tracks international gold price closely
Storage CostLocker rent ₹1,000-₹10,000/yearNo physical storage needed
LiquidityModerate, depends on jewellerHigh, traded on stock exchanges
Transaction CostMaking + wastage charges (₹500-₹5,000 per 10g approx)Brokerage (0.1%-0.5% per trade approx)
Taxation (Short Term)STCG if sold within 3 yearsSTCG if sold within 3 years
Taxation (Long Term)LTCG at 20% with indexationSame LTCG structure (20% with indexation)
Risk FactorTheft, purity variation riskMarket risk only (no storage risk)
Minimum InvestmentFlexible (₹500+ for jewellery)Can start from ~₹100-₹500 via units
Price TransparencyLocal jeweller dependentReal-time linked to MCX/COMEX prices
Ideal ForJewellery buyers & traditional investorsInvestors seeking digital, liquid exposure
Returns (10-year trend)~8%-10% CAGR (varies by jewellery cost)~9%-11% CAGR tracking gold index

Market Summary

  • Prices corrected but remain elevated
  • Domestic demand stable
  • Global cues mixed
  • Volatility likely to continue

Can Gold Prices Rise Again?

  • Yes, if dollar weakens
  • Yes, if geopolitical tensions rise
  • Yes, if inflation accelerates
  • No major rally if bond yields climb sharply

Key Considerations for Buyers

  • Compare city-wise rates before purchase
  • Check hallmark certification
  • Add GST and making charges
  • Use dips for staggered buying
  • ETFs may suit investors better than jewellery

Disclaimer: Gold rates are indicative and exclude GST/TCS/levies. Final purchase prices include 3% GST and making charges. Please verify with local jewellers for exact pricing.

Dailyhunt
Disclaimer: This content has not been generated, created or edited by Dailyhunt. Publisher: The Sunday Guardian