Gold Rate Today Gains After Drop of Over Rs 31,000/24K, Silver Remains Flat in Delhi Ahead of Fed Meet Today

After witnessing a sharp correction of nearly Rs 31,100 over the past two sessions, gold prices saw a mild recovery on April 29, 2026, as cautious buying emerged ahead of key global cues. In the latest session, 24 Karat gold edged up by Rs 44 to Rs 15,137 per gram, while 22 Karat gold rose by Rs 40 to Rs 13,875 per gram.

Gold, Silver Rate Today Ahead of Fed Policy Decision

The rebound comes as investors adopt a wait-and-watch approach, closely tracking the US Federal Reserve's commentary on inflation and signals around its future rate cut trajectory.

Meanwhile, silver prices in Delhi remained steady for the sixth consecutive session, holding firm at Rs 260 per gram and Rs 2,60,000 per kilogram, reflecting a phase of consolidation in the broader precious metals market.

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

24 Karat Gold Rate Today in Delhi

For 24 Karat gold in Delhi on 29 April 2026, the rate rose by Rs 45 per gram to Rs 15,153, compared to Rs 15,108 in the previous session. On a bulk basis, 8 grams of 24K gold was priced at Rs 1,21,224, up by Rs 360, while 10 grams increased by Rs 450 to Rs 1,51,530. The 100-gram rate also climbed by Rs 4,500 to Rs 15,15,300.

22 Karat Gold Rate Today in Delhi

Similarly, 22 Karat gold recorded gains of Rs 40 per gram, taking the price to Rs 13,890 from Rs 13,850. The price for 8 grams stood at Rs 1,11,120, up by Rs 320, while 10 grams rose by Rs 400 to Rs 1,38,900. For 100 grams, the rate increased by Rs 4,000 to Rs 13,89,000.

18 Karat Gold Rate Today in Delhi

In the 18 Karat segment, gold prices edged higher by Rs 33 per gram to Rs 11,368 from Rs 11,335. The 8-gram price was recorded at Rs 90,944, marking a gain of Rs 264, while 10 grams rose by Rs 330 to Rs 1,13,680. On a larger scale, 100 grams of 18K gold increased by Rs 3,300 to Rs 11,36,800, indicating steady gains across all weight categories.

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

Silver prices in Delhi remained unchanged across all quantities in the latest trading session, reflecting continued stability in the precious metals market. The rate held steady at Rs 260 per gram, unchanged from the previous day. On a bulk basis, 8 grams of silver was priced at Rs 2,080, while 10 grams stood at Rs 2,600, both showing no movement.

Larger quantities also remained flat, with 100 grams at Rs 26,000 and 1 kilogram (1,000 grams) at Rs 2,60,000, indicating zero change across the board for the sixth consecutive session.

"Gold is trading below $4,650 as diplomatic efforts to resolve the US-Iran conflict ease safe-haven demand. Iran has proposed halting Strait of Hormuz disruptions in exchange for a ceasefire and removal of the US blockade. Meanwhile, elevated energy prices driven by the conflict have intensified inflation fears, raising expectations of prolonged monetary tightening by the Fed, ECB, and BOJ. Combined, these factors are weighing on gold's near-term outlook," said Mr. Prithviraj Kothari, MD at RiddiSiddhi Bullions Ltd., President of India Bullion and Jewellers Association Ltd.

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