Gold Rate Today Slips Again, Silver Steady in Delhi on 29 June: Will Gold Fall Below Rs 1 Lakh? Prediction

Gold prices in Delhi started the new week on a weaker note after ending last week with strong gains and remaining unchanged in the previous session. On Monday, June 29, 2026, 24 Karat (24K) gold slipped by Rs 93 per gram to Rs 14,317, while 22 Karat (22K) gold fell by Rs 85 per gram to Rs 13,125, according to the latest GoodReturns data.

Correction in Gold & Silver Rates Today Continue on 29 June 2026

The decline comes after bullion witnessed a sharp rebound over the weekend, indicating that investors are booking profits amid shifting global cues.

Meanwhile, silver prices in the national capital remained steady for the third consecutive day, reflecting stability in the white metal despite the correction in gold. Silver continued to trade at Rs 240 per gram and Rs 2,40,000 per kilogram, as traders await fresh triggers from global markets and upcoming economic data.

Will Gold Rate Fall Below Rs 1 Lakh? What Lies Ahead for Buyers

Despite the latest pullback, market experts believe a sharp correction in gold remains unlikely. ICICI Bank Research expects domestic gold prices to trade in the Rs 1.5 lakh-Rs 1.8 lakh per 10 grams range during 2026, while forecasting international gold prices to climb towards USD 4,800-5,000 per ounce by the end of the year.

The World Gold Council and Goldman Sachs remain even more optimistic, projecting 20-30% upside potential, which could lift domestic gold prices close to Rs 2 lakh per 10 grams under bullish market conditions.

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

24 Karat Gold Rate Today in Delhi

The price of 24 Karat (24K) gold, regarded as the purest form of gold and primarily preferred for investment, declined by Rs 93 per gram on Monday, June 29. It is now priced at Rs 14,317 per gram. Accordingly, 8 grams cost Rs 1,14,536, 10 grams are priced at Rs 1,43,170, while 100 grams of 24K gold is valued at Rs 14,31,700, reflecting a decline of Rs 9,300 from the previous day.

22 Karat Gold Rate Today in Delhi

The price of 22 Karat (22K) gold, the most preferred purity for jewellery due to its durability and shine, also witnessed a correction. The rate fell by Rs 85 per gram to Rs 13,125 per gram. The price of 8 grams stands at Rs 1,05,000, 10 grams at Rs 1,31,250, while 100 grams of 22K gold is now available at Rs 13,12,500, down Rs 8,500 compared to the previous session.

18 Karat Gold Rate Today in Delhi

The price of 18 Karat (18K) gold, widely used in contemporary and diamond-studded jewellery, also moved lower. It declined by Rs 68 per gram to Rs 10,743 per gram. As a result, 8 grams are priced at Rs 85,944, 10 grams at Rs 1,07,430, and 100 grams of 18K gold now costs Rs 10,74,300, marking a fall of Rs 6,800 from the previous day's level.

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

Silver prices in Delhi remained unchanged for the third consecutive day on Monday, June 29, 2026, reflecting steady sentiment in the precious metals market despite fluctuations in gold prices. According to the latest rates, silver continued to trade at Rs 240 per gram and Rs 2,40,000 per kilogram, with no change from the previous trading session.

Across smaller quantities as well, prices stayed flat. 8 grams of silver were priced at Rs 1,920, while 10 grams cost Rs 2,400. For bulk buyers, 100 grams of silver remained at Rs 24,000.

Gold price prediction today: "Gold prices may find support in the Rs 142,800-143,200 band. They are trading with a bearish bias in the near-term," says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.

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