Gold Dips on Wednesday; 24K Trades at ₹1,51,370 per 10 gm, ₹163 Down from Previous Day

Authored By HDFC SKY | Last Modified: Apr 29, 2026 01:08 PM IST

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Mumbai, April 29: Gold continued to trade lower in India on Wednesday and declined for a second consecutive session as recent hopes of easing tensions between Iran and the US weighed on demand.

National Price

The national price of 24-karat gold (99.9% purity) dropped ₹163 per gram to ₹15,137 per gram, or ₹1,51,370 for 10 grams — a decline of ₹1,630 per 10 grams from Tuesday’s national rate of ₹15,300 per gram (₹1,53,000 for 10 grams). 22-karat gold (91.6% purity) slipped ₹150 per gram to ₹13,875 per gram or ₹1,38,750 for 10 grams — down ₹1,500 for 10 grams from Tuesday’s rate of ₹14,025 per gram (₹1,40,250). 18-karat gold price (75% purity) decreased ₹122 per gram to ₹11,353 per gram or ₹1,13,530 for 10 grams — ₹1,220 lower per 10 grams from its previous day’s price of ₹11,475 per gram (₹1,14,750).

Rates Across Cities

Gold rates are the highest in Chennai every single day. In the Tamil Nadu city, 10 grams of gold cost ₹1,52,190 for 24K, ₹1,39,500 for 22K and ₹1,16,350 for 18K on Wednesday, or a ₹820 premium against the national price benchmark for 24 karat gold.

Mumbai, Kolkata, Bangalore, Hyderabad, Kerala and Pune trade at the same price as the national benchmark — ₹1,51,370 for 24K gold, ₹1,38,750 for 22K gold and ₹1,13,530 for 18K gold per 10 grams with zero city premium across these six largest markets in India.

Delhi trades at ₹1,51,530 for 24K, ₹1,38,900 for 22K and ₹1,13,680 for 18K gold per 10 grams — a ₹160 premium over Mumbai for 24 karat gold. Ahmedabad and Vadodara trade at ₹1,51,430 for 24K, ₹1,38,800 for 22K and ₹1,13,580 for 18K gold per 10 grams — ₹60 premium over the national rates because of lower local taxes and jewellery associations’ markup.

International Spot Gold Rates

International spot gold rates: In choppy trade on Wednesday as markets turned volatile, spot gold edged up 0.1% to $4,597.07 per ounce as of 8: 00 am India time – after tumbling to its lowest since April 2 in the previous session — as investors took to the sidelines ahead of Powell’s comments on the Iranian conflict. US gold futures for June delivery remained unchanged at $4,610.20.

Gold Rates Across Indian Cities — 10 Grams (April 29, 2026)

City	24K (₹)	22K (₹)	18K (₹)
Chennai	1,52,190	1,39,500	1,16,350
Mumbai	1,51,370	1,38,750	1,13,530
Delhi	1,51,530	1,38,900	1,13,680
Kolkata	1,51,370	1,38,750	1,13,530
Bangalore	1,51,370	1,38,750	1,13,530
Hyderabad	1,51,370	1,38,750	1,13,530
Kerala	1,51,370	1,38,750	1,13,530
Pune	1,51,370	1,38,750	1,13,530
Vadodara	1,51,430	1,38,800	1,13,580
Ahmedabad	1,51,430	1,38,800	1,13,580

Source:

Goodreturns.in

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