Gold Rates & Silver Rates Today (29/08/2026) LIVE: 24K Gold Price Falls By Rs 32,200 After 3% Crash In COMEX

Gold rates in India dropped for the second day in a row. On Saturday, 24-carat gold crashed up to nearly Rs 29,000 per 100 grams, while 22-carat and 18-carat gold prices plunged nearly Rs 27,000 and Rs 22,000 in the day. On the other hand, silver rates in India are unchanged.

The performance comes after spot gold hits its weekly low to $4,560 per ounce after US Fed chair Kevin Warsh's hawkish speech at Jackson Hole. This has raised the probability of rate hike in September to near 50%. Meanwhile, spot silver dropped steeply by 4.5% to $66 per ounce after the speech.

Also, at MCX, gold and silver futures crashed nearly 2% each overnight. MCX gold is now around Rs 1,56,400 per 10 grams and MCX silver dropped to Rs 2,36,651 per 1Kg.

In his first major speech since taking the chair in May, Warsh warned that inflation has not meaningfully slowed and said policymakers need to see clearer evidence that underlying price pressures are easing, otherwise the central bank still has "work to do." He reiterated the Fed's commitment to returning inflation to its 2% target, which he described as a "firm and fixed" goal, and said financial conditions are not currently restrictive. His closely watched remarks offered greater clarity on his economic and policy views after criticism that his limited communication strategy had left markets with little guidance on the near-term outlook, as per Trading Economics.

Meanwhile, crude oil prices remained elevated. Brent crude stood over $88 per barrel and US WTI crude is above $83 per barrel.

LIVE Feed

Aug 29, 2026, 1:56 pm IST

Live Gold Rates Today: Chennai Gold Prices Crash The Most Today

Weight	24K Gold	Change	22K Gold	Change	18K Gold	Change
1 gram	₹15,824	↓ ₹322	₹14,505	↓ ₹295	₹12,275	↓ ₹295
8 grams	₹1,26,592	↓ ₹2,576	₹1,16,040	↓ ₹2,360	₹98,200	↓ ₹2,360
10 grams	₹1,58,240	↓ ₹3,220	₹1,45,050	↓ ₹2,950	₹1,22,750	↓ ₹2,950
100 grams	₹15,82,400	↓ ₹32,200	₹14,50,500	↓ ₹29,500	₹12,27,500	↓ ₹29,500

Unlike the above-mentioned cities, the highest crash in gold prices was witnessed in Chennai. 24-carat gold crashed by Rs 32,200 to Rs 15,82,400 per 100 grams and slipped by Rs 3,220 to Rs 1,58,240 per 10 grams. Further, the 22-carat gold tumbled by Rs 29,500 in 100 grams to Rs 14,50,500 and declined by Rs 2,950 to Rs 1,45,050 per 10 grams. In case of 18-carat, 10 grams gold reduced by Rs 2,950 to Rs 1,22,750 and 100 grams gold corrected lower by Rs 29,500 to Rs 12,27,500.

Aug 29, 2026, 1:56 pm IST

Live Gold Rates Today: Gold Rates In Mumbai Vs Gold Rates In Hyderabad vs Gold Rates In Bangalore vs Gold Rates In Kolkata

Weight	24K Gold	Change	22K Gold	Change	18K Gold	Change
1 gram	₹15,824	↓ ₹289	₹14,505	↓ ₹265	₹11,868	↓ ₹217
8 grams	₹1,26,592	↓ ₹2,312	₹1,16,040	↓ ₹2,120	₹94,944	↓ ₹1,736
10 grams	₹1,58,240	↓ ₹2,890	₹1,45,050	↓ ₹2,650	₹1,18,680	↓ ₹2,170
100 grams	₹15,82,400	↓ ₹28,900	₹14,50,500	↓ ₹26,500	₹11,86,800	↓ ₹21,700

All 24-carat, 22-carat and 18-carat gold prices in Mumbai, Bangalore, Hyderabad, Kolkata and Pune are similar and recorded similar decline on Saturday. In these cities, 24-carat gold price dropped by Rs 28,900 to Rs 15,82,400 per 100 grams, while 10 grams gold price plunged by Rs 2,890 to Rs 1,58,240. Additionally, the 22-carat gold price is down by Rs 26,500 to Rs 14,50,500 per 100 grams, while 10 grams gold is lower by Rs 2,650 to Rs 1,45,050. Lastly, the 18-carat gold price crashed by Rs 2,170 in 10 grams to Rs 1,18,680 and 100 grams gold nosedived by Rs 21,700 to Rs 11,86,800.

Read More

Aug 29, 2026, 1:55 pm IST

Live Gold Rates Today: Delhi Gold Prices Crash Across 24K, 22K, 18K

Weight	24K Gold	Change	22K Gold	Change	18K Gold	Change
1 gram	₹15,839	↓ ₹289	₹14,520	↓ ₹265	₹11,883	↓ ₹217
8 grams	₹1,26,712	↓ ₹2,312	₹1,16,160	↓ ₹2,120	₹95,064	↓ ₹1,736
10 grams	₹1,58,390	↓ ₹2,890	₹1,45,200	↓ ₹2,650	₹1,18,830	↓ ₹2,170
100 grams	₹15,83,900	↓ ₹28,900	₹14,52,000	↓ ₹26,500	₹11,88,300	↓ ₹21,700

24-carat gold price in Delhi plunged by Rs 28,900 to Rs 15,83,900 per 100 grams, while 10 grams gold dropped by Rs 2,890 to Rs 1,58,390. Further, 22-carat gold in this city declined by Rs 26,500 to Rs 14,52,000 per 100 grams and tumbled by Rs 2,650 to Rs 1,45,200 per 10 grams. In case of 18 carat, gold price crashed by Rs 21,700 to Rs 11,88,300 per 100 grams and plummeted by Rs 2,170 to Rs 1,18,830 per 10 grams.

Aug 29, 2026, 12:43 pm IST

Live Silver Rates Today: How Will Spot Silver Perform Next Week?

COMEX Silver eased this week, closing below $68.000 after tagging a high of $72.050, with the daily candle down -2.37% as the metal cooled off from stretched conditions. The weekly RSI held up relatively well at 50.85, but the daily RSI has dropped to 58.58, reflecting a loss of short-term momentum after the sharp run-up. Immediate resistance is placed in the $70.000–$70.500 zone, followed by the next resistance zone at $72.000–$72.500; a sustained close above $72.500 would be needed to revive the breakout attempt. On the downside, immediate support lies in the $65.500–$65.000 zone, with the next support at $63.300–$62.800 a break below $65.000 would signal deeper profit-booking. Overall, the pullback looks corrective in nature so far, and buyers stepping in around $65.000–$65.500 would keep the broader recovery structure intact: Ponmudi R, CEO of Enrich Money.

Aug 29, 2026, 12:43 pm IST

Live Gold Rates Today: Spot Gold's Next Week Outlook

COMEX Gold pulled back sharply this week, closing near $4,530 after slipping from the $4,755.0 high, with the daily candle down -2.88% on profit-taking after the recent breakout. The weekly RSI has firmed to 54.10, keeping the broader trend intact, but the daily RSI has cooled sharply to 57.12, unwinding the overbought stretch and signalling near-term correction. Immediate resistance is placed in the $4,600–$4,630 zone, followed by the next resistance zone at $4,720–$4,750; a sustained close back above $4,750 would be needed to resume the uptrend. On the downside, immediate support lies in the $4,500–$4,470 zone, with the next support at $4,400–$4,370; a break below $4,470 would deepen this week's corrective move. Overall, this looks like a healthy pullback within a broader uptrend rather than a trend reversal, and how price behaves around the $4,500–$4,470 support will be key for next week's direction: Ponmudi R, CEO of Enrich Money.

Aug 29, 2026, 12:26 pm IST

Live Silver Rates Today: Spot Silver Crashes 4.5%

Spot silver crashed by at least 4.5% to close this week at $66.15 per ounce. As per Trading Economics, Kevin Warsh reiterated the Fed’s commitment to returning inflation to its 2% target, which he described as a “firm and fixed” goal, and said financial conditions are not currently restrictive. His closely watched remarks offered greater clarity on his economic and policy views after criticism that his limited communication strategy had left markets with little guidance on the near-term outlook. Following the speech, markets raised the probability of a September rate hike to near 50%, according to CME FedWatch, weighing on silver.

Aug 29, 2026, 12:26 pm IST

Live Gold Rates Today: Spot Gold Below $4,450 After Jackson Hole's Meeting

Gold prices fell by more than 3.2% to close at $4,454.08 per ounce an ounce on Friday, their lowest level in a week, as investors digested what was perceived as hawkish commentary from Federal Reserve Chair Kevin Warsh. In his first major speech since becoming chair in May, Warsh warned that inflation is not meaningfully slowing and said policymakers need to be confident that underlying price pressures are easing; otherwise, the central bank still has “work to do.”, as per Trading Economics.

Aug 29, 2026, 12:21 pm IST

Live Silver Rates Today: Indian Silver Prices Unchanged Today

Gram	Today	Yesterday	Change
1 g	₹255	₹255	₹0
8 g	₹2,040	₹2,040	₹0
10 g	₹2,550	₹2,550	₹0
100 g	₹25,500	₹25,500	₹0
1,000 g (1 kg)	₹2,55,000	₹2,55,000	₹0

Silver prices remained unchanged across all quantities, at ₹255 per gram or ₹2,55,000 per kg.

Aug 29, 2026, 11:27 am IST

Live Gold Rates Today: 18-Carat Gold Prices Plunge Nearly Rs 22,000

Weight	Gold Value	Change
1 gram	₹11,868	↓ ₹217
8 grams	₹94,944	↓ ₹1,736
10 grams	₹1,18,680	↓ ₹2,170
100 grams	₹11,86,800	↓ ₹21,700

In 18 carat, 10 grams gold dropped by Rs 2,170 to Rs 1,18,680 and 100 grams gold nosedived by Rs 21,700 to Rs 11,86,800. Here, 1 gram gold is down by Rs 217 to Rs 11,868.

Aug 29, 2026, 11:25 am IST

Live Gold Rates Today: 22-Carat Gold Prices Fall Up To Rs 26,500

22K Gold — 91.6% purity
Weight	Gold Value	Change
1 gram	₹14,505	↓ ₹265
8 grams	₹1,16,040	↓ ₹2,120
10 grams	₹1,45,050	↓ ₹2,650
100 grams	₹14,50,500	↓ ₹26,500

22-carat gold price is down by Rs 26,500 in India to Rs 14,50,500 per 100 grams. While 10 grams gold is lower by Rs 2,650 to Rs 1,45,050.

Aug 29, 2026, 11:24 am IST

Live Gold Rates Today: 24K Gold Crashes Up To Rs 29,000

Weight	Gold Value	Change
1 gram	₹15,824	↓ ₹289
8 grams	₹1,26,592	↓ ₹2,312
10 grams	₹1,58,240	↓ ₹2,890
100 grams	₹15,82,400	↓ ₹28,900

24-carat gold price dropped by Rs 28,900 to Rs 15,82,400 per 100 grams, while 10 grams gold price plunged by Rs 2,890 to Rs 1,58,240. The 1 gram gold price is down by Rs 289 to Rs 15,824.