Gold and Silver Prices in India Today, 29 June 2026: 24K Gold Slips to ₹1,43,760, Silver Dips to ₹2,22,750 as Fed Outlook Outweighs Middle East Risk
Gold and silver prices in India today, 29 June 2026. 24K gold fell to ₹1,43,760 per 10g and silver dipped to ₹2,22,750 per kg, as a firm Fed rate outlook offset Middle East risk. Check city wise rates and MCX data.
Gold and silver prices fell again in India today. As of 2:20 PM IST, 24K gold is at ₹1,43,760 per 10 grams, down 0.57% from yesterday. Silver is at ₹2,22,750 per kg, down 0.46%. The fall comes even as tensions remain in the Middle East. Markets are more focused on the US Fed's rate outlook right now, and that is keeping pressure on both metals.
Quick Snapshot
| Metal | Today (29 June) | Yesterday (28 June) | Change |
|---|---|---|---|
| Gold 24K (per 10g) | ₹1,43,760 | ₹1,44,590 | 🔴▼ Down 0.57% |
| Gold 22K (per 10g) | ₹1,31,780 | — | — |
| Silver 999 (per kg) | ₹2,22,750 | ₹2,23,770 | 🔴▼ Down 0.46% |
Source: Bullions.co.in. Last updated 29 Jun 2026, 2:20 PM IST.
City Wise Gold and Silver Rates Today, 29 June 2026
Rates differ slightly by city due to local taxes and transport costs.
| City | 22K Gold (per 10g) | 24K Gold (per 10g) | Silver (per kg) |
|---|---|---|---|
| Delhi | ₹1,31,780 | ₹1,43,760 | ₹2,22,750 |
| Mumbai | ₹1,31,630 | ₹1,43,600 | ₹2,22,750 |
| Chennai | ₹1,33,230 | ₹1,45,280 | ₹2,22,750 |
| Hyderabad | ₹1,31,630 | ₹1,43,600 | ₹2,22,750 |
| Bengaluru | ₹1,31,630 | ₹1,43,600 | ₹2,22,750 |
| Kolkata | ₹1,31,630 | ₹1,43,600 | ₹2,22,750 |
| Pune | ₹1,31,630 | ₹1,43,600 | ₹2,22,750 |
| Ahmedabad | ₹1,32,080 | ₹1,44,100 | ₹2,22,750 |
| Lucknow | ₹1,31,780 | ₹1,43,760 | ₹2,22,750 |
| Jaipur | ₹1,31,780 | ₹1,43,760 | ₹2,22,750 |
Rates shown are indicative bullion prices for 29 June 2026. Jewellery prices add making charges and GST.
Muskaan Kapoor
Gold Price Analysis Today
Gold is down 0.57% today at ₹1,43,760 per 10 grams. The fall comes from a firm Fed rate outlook, which is offsetting worries from Middle East tensions. Normally, geopolitical risk pushes gold higher, but right now the Fed's stance is the bigger driver for traders.
Gold is down 3.20% from a week ago and a sharp 8.32% from a month back. On MCX, gold fell 0.55% today to ₹1,43,375 per 10 grams. US gold prices on Comex are also down 0.52% today, showing this is a global trend, not just a local one.
Even with this fall, gold remains up 50.08% compared to a year ago. The long term trend for gold is still strong, despite recent weakness.
| Period | 24K Gold (per 10g) | Change |
|---|---|---|
| Today (29 June 2026) | ₹1,43,760 | — |
| Yesterday (28 June 2026) | ₹1,44,590 | 🔴▼ Down 0.57% |
| One Week Ago (22 June 2026) | ₹1,48,510 | 🔴▼ Down 3.20% |
| One Month Ago (29 May 2026) | ₹1,56,810 | 🔴▼ Down 8.32% |
| One Year Ago (29 June 2025) | ₹95,790 | 🟢▲ Up 50.08% |
Silver Price Analysis Today
Silver is down 0.46% today at ₹2,22,750 per kg. This comes a day after silver had bounced back on a weaker dollar. Today's small dip shows that the bounce did not hold for long.
Silver is down 5.46% from a week ago and 16.82% from a month ago. On MCX, silver fell 0.35% to ₹2,22,688 per kg. US silver on Comex is down 1.35% today, falling faster than the Indian market.
Despite this month's weak run, silver remains more than double its price from a year ago, up 109.23%. The bigger picture for silver stays positive.
| Period | Silver 999 (per kg) | Change |
|---|---|---|
| Today (29 June 2026) | ₹2,22,750 | — |
| Yesterday (28 June 2026) | ₹2,23,770 | 🔴▼ Down 0.46% |
| One Week Ago (22 June 2026) | ₹2,35,610 | 🔴▼ Down 5.46% |
| One Month Ago (29 May 2026) | ₹2,67,790 | 🔴▼ Down 16.82% |
| One Year Ago (29 June 2025) | ₹1,06,460 | 🟢▲ Up 109.23% |
MCX Data Today, 29 June 2026
Gold Futures (August 2026 Contract)
| Parameter | Value |
|---|---|
| Current Price | ₹1,43,375 per 10g |
| Change | 🔴▼ Down ₹787 (-0.55%) |
| Day High | ₹1,44,180 |
| Day Low | ₹1,42,690 |
| Previous Close | ₹1,44,162 |
| US Gold (Comex) | $4,074.90/oz (🔴▼ Down 0.52%) |
Silver Futures (July 2026 Contract)
| Parameter | Value |
|---|---|
| Current Price | ₹2,22,688 per kg |
| Change | 🔴▼ Down ₹784 (-0.35%) |
| Day High | ₹2,24,248 |
| Day Low | ₹2,21,172 |
| Previous Close | ₹2,23,472 |
| US Silver (Comex) | $58.43/oz (🔴▼ Down 1.35%) |
Source: Bullions.co.in Live Exchange Rates. Last updated 29 Jun 2026, 2:20 PM IST.
Both MCX gold and silver are down today, tracking weaker prices on Comex. Silver is falling faster than gold on the global market, which shows the bigger risk off mood right now affects silver more.
Key Factors Influencing Gold and Silver Rates Today
- Fed Rate Outlook Stays in Focus: Markets continue to price in a firm rate stance from the US Fed. This is keeping gold and silver under pressure, even with ongoing Middle East tensions in the background.
- Middle East Risk Not Enough to Lift Gold: Normally, rising geopolitical risk supports gold. Right now, the Fed's rate path is the bigger factor driving prices, which is why gold has not gained despite the tension.
- Dollar Strength Continues to Weigh: A firm dollar makes gold and silver costlier for buyers using other currencies. This keeps adding pressure on both metals globally.
- Silver Underperforms Gold Again: Silver fell faster than gold on Comex today. This shows silver remains more sensitive to shifts in global risk mood and bond yields right now.
What This Means for Buyers
- This month's fall may suit long-term investors. Gold is down over 8% and silver over 16% from a month ago. If you are buying for the long run, this dip could work in your favour.
- Short-term buyers should stay watchful. Prices are still moving with each Fed update. It may help to track the news closely before placing a large order.
- Spread your purchase over time. Buying in smaller parts across a few weeks is safer than one large purchase right now.
- Always check the BIS hallmark. Every gold item should carry a six digit HUID code. For silver, check the 999 or 925 purity mark before buying.
FAQs
Why did gold fall today despite Middle East tensions?
Markets are currently more focused on the US Fed's rate outlook than on geopolitical risk. This firm rate stance is outweighing the usual safe haven demand gold gets during times of tension.
Why is silver falling faster than gold?
Silver tends to be more sensitive to shifts in global risk mood and bond yields. Today, US silver fell faster than gold on the international market, which is reflecting in domestic prices too.
Should I buy gold or silver today?
If you plan to invest for the long term, this month's fall could be a good entry point. If you are short term focused, it may help to wait and track Fed related news before making a big purchase.
