Gold Prices Remain Steady Across Major Indian Cities on October 29

Gold prices held steady across major metro cities in India on October 29. Across the country, rates for both 22-carat and 24-carat gold remained unchanged from previous levels.

Nationwide baseline figures for 22-carat gold stood at ₹13,275 for 1 gram and ₹1,06,200 for 8 grams, showing no fluctuation.

In Delhi, the price for 22-carat gold was recorded at ₹13,295 for 1 gram and ₹1,06,360 for 8 grams. Meanwhile, 24-carat gold in the capital was priced at ₹13,960 for 1 gram and ₹1,11,680 for 8 grams, with all rates remaining unchanged.

In Mumbai, 22-carat gold held steady at ₹13,245 for 1 gram and ₹1,05,960 for 8 grams. 24-carat gold in Mumbai was unchanged at ₹13,907 for 1 gram and ₹1,11,256 for 8 grams.

In Kolkata, buyers saw 22-carat gold priced at ₹13,345 for 1 gram and ₹1,06,760 for 8 grams. The 24-carat gold in Kolkata remained steady at ₹14,012 for 1 gram and ₹1,12,096 for 8 grams.

In Chennai, 22-carat gold was recorded at ₹13,195 for 1 gram and ₹1,05,560 for 8 grams. 24-carat gold prices in Chennai stayed unchanged at ₹13,855 for 1 gram and ₹1,10,840 for 8 grams.

In Bengaluru, 22-carat gold remained unchanged at ₹13,305 for 1 gram and ₹1,06,440 for 8 grams, while 24-carat gold held at ₹13,970 for 1 gram and ₹1,11,760 for 8 grams.

Similarly, Hyderabad recorded 22-carat gold at ₹13,195 for 1 gram and ₹1,05,560 for 8 grams, and 24-carat gold at ₹13,855 for 1 gram and ₹1,10,840 for 8 grams, with no variations.

In Pune, prices mirrored Mumbai, with 22-carat gold at ₹13,245 for 1 gram and ₹1,05,960 for 8 grams, and 24-carat gold at ₹13,907 for 1 gram and ₹1,11,256 for 8 grams.

Finally, in Ahmedabad, 22-carat gold was priced at ₹13,299 for 1 gram and ₹1,06,392 for 8 grams. 24-carat gold in Ahmedabad stood at ₹13,964 for 1 gram and ₹1,11,712 for 8 grams, maintaining flat rates across the board.

"The stabilization of gold prices across major Indian cities indicates a temporary cooling period in the bullion market. For business owners and entrepreneurs managing capital allocation, flat commodity prices provide a predictable environment for short-term asset management. While daily fluctuations are standard, steady pricing often reflects balanced market demand across urban centers." — Dr. Shishir Gupta, Founder & CEO, StartupLanes