Gold Price Surge: Rates Climb Across India on September 29
New Delhi: Gold prices are showing a distinct upward trend today, September 29, with rates for 24-carat, 22-carat, and 18-carat gold all witnessing a noticeable increase. The yellow metal, which is a traditional hedge against inflation, continues its strong performance, making it a key point of consideration for investors and retail buyers.
As of today, the price for the purest form of gold, 24-karat, stands at ₹11,640 per gram, marking an increase of ₹92 from yesterday’s price of ₹11,548.
The price of 22-karat gold has similarly risen by ₹85, now costing ₹10,670 per gram. Meanwhile, 18-karat gold has climbed by ₹69, reaching a price of ₹8,730 per gram. This consistent daily surge reflects a strengthening in gold’s market value.
Gold Price Today (September 29) Per Gram in Major Indian Cities
The gold rate for 24K and 22K per gram is consistent across major metropolitan areas like Mumbai, Bangalore, Hyderabad, and Delhi, with minor regional variations often seen in places like Chennai.
Detailed Price Chart: 24-Carat Gold (INR)
The table below provides a detailed look at the price and daily change for 24K gold across different weights:
Detailed Price Chart: 22-Carat Gold (INR)
Here is the breakdown for 22K gold, the quality most commonly used for jewellery:
Purity Matters: Investment vs. Jewellery
- 24-Carat Gold (99.9% Purity): This is the most expensive and purest form, predominantly favoured for investment purposes such as gold coins and bars.
- 22-Carat Gold (91.6% Purity): This purity is the standard for crafting gold jewellery, as it balances high gold content with the durability needed to withstand daily wear.
- 18-Carat Gold (75.0% Purity): Offering higher durability and a slightly lower price point, 18K gold is also widely used for making strong, detailed jewellery pieces.