Gold and Silver Prices Hold Steady Across India
Indian gold and silver prices remained stable on October 29, driven by international bullion trends and anticipatory demand for upcoming festivals.
Gold and silver prices remained steady across major Indian cities on October 29, 2026. Retail rates are currently driven by international spot bullion trends, USD/INR currency dynamics, and anticipatory demand for upcoming festivals, though high interest rates and geopolitical tensions in West Asia create market headwinds.
Malabar Gold & Diamonds and Joyalukkas quoted 22K gold at ₹13,195 per gram across most states. Tanishq listed a higher rate of ₹13,245 per gram for 22K gold and ₹14,449 per gram for 24K gold. Reported 24K gold prices in Delhi varied between sources, with one listing ₹1,43,570 per 10 grams and another reporting ₹13,960 per gram.
Silver prices showed regional variation, ranging from ₹1,93,120 per kg in Delhi to ₹1,94,020 per kg in Chennai. All retail purchases remain subject to a 3% GST on metal value and a 5% GST on making charges.
