Gold Rate Today in India: Bullion Markets Recover Amid US-Iran Ceasefire Talks; Check Latest Prices on 29 May

Gold rates in India rebounded on Friday, May 29, 2026, after witnessing a sharp correction over the previous three sessions, supported by improving global sentiment and easing geopolitical concerns in the Middle East. The price of 24 Karat (24K) gold rose by Rs 158 to Rs 15,764 per gram, while 22 Karat (22K) gold gained Rs 145 to reach Rs 14,450 per gram.

Silver, Gold Prices Rebounded on Hopes of US-Iran Peace Deal

The recovery comes after gold prices had plunged by nearly Rs 33,200 per 100 grams over the last three trading days, triggering heavy volatility in domestic bullion markets. Analysts said investor sentiment improved after reports suggested that the United States (US) and Iran had finalised a temporary agreement to extend the ceasefire and continue diplomatic efforts to resolve tensions in the region, which has remained under strain for nearly three months.

Meanwhile, silver prices in India also moved higher on Friday after recent weakness. Silver gained Rs 5 per gram, with prices rising to Rs 280 per gram and Rs 2,80,000 per kilogram in the domestic market.

Gold Rate Today, 29 May 2026: Check Latest 22K, 24K & 18K Gold Prices on Friday

24 Karat Gold Rate Today in India

The price of 24 Karat (24K) gold in India today stood at Rs 15,764 per gram, registering an increase of Rs 158 from the previous session. The rate of 8 grams of 24K gold climbed by Rs 1,264 to Rs 1,26,112, while 10 grams were priced at Rs 1,57,640 after gaining Rs 1,580. For bulk purchases, 100 grams of 24K gold cost Rs 15,76,400, reflecting a sharp rise of Rs 15,800 on Friday.

22 Karat Gold Rate Today in India

The price of 22 Karat (22K) gold also moved higher across major markets in India. The metal was priced at Rs 14,450 per gram, up by Rs 145 compared to the previous trading day. The rate of 8 grams of 22K gold rose by Rs 1,160 to Rs 1,15,600, while 10 grams were available at Rs 1,44,500 after an increase of Rs 1,450. Meanwhile, 100 grams of 22K gold were priced at Rs 14,45,000, marking a gain of Rs 14,500.

18 Karat Gold Rate Today in India

Meanwhile, 18 Karat (18K) gold prices in India also witnessed a notable recovery on Friday. The price of 18K gold increased by Rs 119 to Rs 11,823 per gram. The cost of 8 grams stood at Rs 94,584 after rising by Rs 952, while 10 grams were priced at Rs 1,18,230, up by Rs 1,190. For larger quantities, 100 grams of 18K gold were available at Rs 11,82,300, reflecting a strong jump of Rs 11,900 over the previous session.

Silver Rate Today, 29 May 2026: Check Latest Silver Prices Per Kg and Gram

Silver prices in India witnessed a fresh rise on Friday after falling in the previous session. The price of silver increased by Rs 5 to Rs 280 per gram compared to yesterday's rate of Rs 275 per gram.

For smaller quantities, 8 grams of silver were priced at Rs 2,240 after gaining Rs 40 from the previous session's Rs 2,200. Similarly, 10 grams of silver cost Rs 2,800, marking an increase of Rs 50 compared to yesterday's Rs 2,750.

Larger quantities also recorded a notable jump in prices. The rate of 100 grams of silver rose by Rs 500 to Rs 28,000, while 1 kilogram of silver climbed sharply by Rs 5,000 to Rs 2,80,000 against the previous rate of Rs 2,75,000.

Gold Price Forecast Ahead; Check Technical Analysis

"Despite this correction, the core price structure remains bullish. The chart highlights immediate horizontal support at the 21-day EMA near 156,500, followed by a stronger systemic floor at 153,000. On the upside, resistance stands at 161,000, with a key target at 163,000," said Dr. Ravi Singh - Chief Research Officer (Research) - Master Capital Services Limited.

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