Gold and Silver Prices Today in India: 29 August 2026
Gold and silver rates in India for Saturday, 29 August 2026. City-wise 24K and 22K gold and silver 999 prices, weekly trends, MCX last-traded levels and the global cues behind the moves.
Gold and Silver Prices Today in India: 29 August 2026
It is Saturday, 29 August 2026. The MCX is closed for the weekend, so spot rates on bullions.co.in are unchanged from Friday. Gold 24K sits at ₹156,820 per 10g and silver 999 at ₹237,880 per kg, both flat with no trading today. There is no major national occasion falling on this date.
Gold and Silver Rates in Major Indian Cities Today
| City | Gold 24K (₹/10g) | Gold 22K (₹/10g) | Silver 999 (₹/kg) |
|---|---|---|---|
| Delhi | 1,56,820 | 1,43,752 | 2,37,880 |
| Mumbai | 1,56,820 | 1,43,752 | 2,37,880 |
| Kolkata | 1,56,820 | 1,43,752 | 2,37,880 |
| Chennai | 1,56,820 | 1,43,752 | 2,37,880 |
| Bangalore | 1,56,820 | 1,43,752 | 2,37,880 |
| Hyderabad | 1,56,820 | 1,43,752 | 2,37,880 |
| Pune | 1,56,820 | 1,43,752 | 2,37,880 |
| Ahmedabad | 1,56,820 | 1,43,752 | 2,37,880 |
| Jaipur | 1,56,820 | 1,43,752 | 2,37,880 |
| Lucknow | 1,56,820 | 1,43,752 | 2,37,880 |
Rates sourced from Bullions.co.in as of Saturday, 29 Aug 2026 08:55 AM (India Time). This is a single national rate. Jewellers may add making charges, GST and local city premiums, so your final bill will be higher.
Have Gold and Silver Prices Risen Today?
No. Prices are flat today because markets are shut for the weekend. Gold is unchanged over one day, down 3.67% over the week (from ₹162,800), up 8.84% over the month (from ₹144,080) and up 50.66% over the year (from ₹104,090). Silver is flat on the day, down 3.89% on the week (from ₹247,520), up 7.87% on the month (from ₹220,520) and up 96.79% on the year (from ₹120,880).
Gold Rate Analysis for Retail Buyers
The yearly picture still favours holders, with gold up more than half in twelve months. But the 3.67% pullback over the past week is the number buyers should note. If you are waiting to purchase, this dip brings 24K back below its recent high near ₹162,800. Budget for making charges and 3% GST on top of the quoted rate.
Silver Rate Analysis and Weekly Trend
Silver has been the sharper mover. It is up 96.79% over the year, close to doubling, yet it has slipped 3.89% this week from ₹247,520. The metal remains more volatile than gold, so weekly swings of this size are normal. Long-term holders are well ahead; short-term buyers should expect bumps.
MCX Closed Today as Markets Observe Weekend Holiday
The MCX does not trade at the weekend. At its last session, MCX gold ended at ₹156,400 per 10g, down 1.63% (₹2,596), while MCX silver last traded at ₹236,651 per kg, down 1.66% (₹4,000). Both figures are as of 29 Aug, 08:55 IST.
Key Factors Driving Prices This Week
- Comex Gold Falls 3.43%: Global gold dropped $159.90 to $4,504.10 per ounce, dragging Indian futures lower and setting the weaker weekly tone.
- Comex Silver Falls 4.57%: Silver slid $3.18 to $66.26 per ounce, a steeper fall than gold and the reason for silver's larger weekly loss at home.
- Rupee and duty: The domestic price also reflects the rupee-dollar rate and import duty, which keep Indian rates above a straight ounce conversion.
Buying Tips for Today
No live trading happens today, so the quoted rate is a reference, not a dealing price. If you plan to buy on Monday, check for hallmarking (BIS) on jewellery, ask for the day's live rate in writing, and confirm making charges and GST separately. For pure investment, coins or bars carry lower making charges than ornaments.
Frequently Asked Questions
What is the gold rate today in India on 29 August 2026?
Gold 24K is ₹156,820 per 10g and gold 22K is ₹143,752 per 10g, as quoted on bullions.co.in at 08:55 AM. Prices are flat because markets are closed for the weekend.
Why are gold and silver prices unchanged today?
The MCX and spot markets do not trade on Saturday and Sunday. With no trading session, the published rate stays the same as Friday's close until markets reopen.
Have silver prices gone up over the past year?
Yes. Silver 999 is up 96.79% over the past year, rising from ₹120,880 to ₹237,880 per kg, though it has eased 3.89% in the past week.
