New Delhi/Patna: Gold and silver prices continued their decline on Tuesday, September 29, with 24-carat gold priced at Rs 1,47,400 per 10 grams, according to the rate chart provided. Silver stood at Rs 2.22 lakh per kg based on the figures supplied.
Gold prices have fallen by approximately Rs 5,000 in just two days, while silver has declined by around Rs 11,000 during the same period.
Gold Rates By Purity
According to the September 29 rate chart, gold prices were:
- 24-carat: Rs 1,47,400 per 10 grams
- 22-carat: Rs 1,35,018 per 10 grams
- 18-carat: Rs 1,10,550 per 10 grams
- 14-carat: Rs 86,229 per 10 grams
The attached rate chart is dated September 29, 2026 and cites Goodreturns as its source.
Gold Prices In Major Cities
The 24-carat gold rate for 10 grams in major cities was:
- Delhi: Rs 1,48,950
- Mumbai: Rs 1,48,800
- Kolkata: Rs 1,48,800
- Jaipur: Rs 1,48,950
- Bhopal: Rs 1,48,850
- Patna: Rs 1,48,850
- Lucknow: Rs 1,48,950
- Raipur: Rs 1,48,800
- Ahmedabad: Rs 1,48,850
Gold, Silver Down Sharply In September
Gold has become around Rs 9,000 cheaper over the 28 days of September, according to the figures provided.
On August 31, gold was priced at around Rs 1.56 lakh per 10 grams. It has now declined to Rs 1,47,400.
Silver has also recorded a sharp fall of around Rs 15,000 per kg during the same period, dropping from Rs 2.37 lakh on August 31 to Rs 2.22 lakh.
Will The Decline Continue?
The market assessment provided suggests that fluctuations in gold and silver prices could continue in the near term.
The recent rise in US interest rates has contributed to pressure on gold prices. At the same time, geopolitical tensions, including the US-Iran conflict, and broader economic uncertainty could support gold demand as investors turn to it as a safe-haven asset.
Investors Advised To Remain Cautious
Investors have been advised to remain cautious amid continuing signs of weakness in the precious metals market.
At the same time, any significant further decline could potentially create a buying opportunity, according to the market assessment provided.
