Gold Rate Today in India: September 29, 2025

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What is the Gold Rate?

The gold rate refers to the daily price of gold per gram or per 10 grams. In India, it is usually quoted for different purities such as 24 Karat, 22 Karat, and 18 Karat. This rate is not fixed and changes several times a day depending on domestic and international factors.

Why Does the Price of Gold Change?

Gold prices are influenced by a variety of factors, including:

  • Global demand and supply of gold.

  • Strength or weakness of the US dollar.

  • Interest rate policies by central banks.

  • Geopolitical tensions and economic uncertainties.

  • Local demand in India, especially during festive and wedding seasons.

When the US dollar weakens or when investors expect interest rate cuts, gold becomes more attractive as an investment, pushing prices higher.

Gold Rate in India on September 29, 2025

Here are the latest gold rates per gram:

Purity Price (₹ per gram)
24 Karat ₹ 11,640
22 Karat ₹ 10,670
18 Karat ₹ 8,730

The 24K price has risen compared to the previous trading session, and there are minor variations in rates across cities like Delhi, Mumbai, Chennai, and Kolkata due to local taxes and market demand.

Global Market Trends

Internationally, gold prices recently crossed the level of USD 3,800 per ounce, marking a new record high. This global surge has directly impacted Indian rates. Key reasons for this rise include:

  • A weakening US dollar.

  • Expectations that the US Federal Reserve may cut interest rates.

  • Rising safe-haven demand as investors look for stability during uncertain times.

  • Increased buying by central banks and exchange-traded funds.

Outlook for Gold Prices

Market analysts believe that the upward trend in gold may continue if global conditions remain supportive. In the Indian market, the level of ₹ 1,13,500 per 10 grams is seen as an important resistance point. If prices remain above this mark, gold could move even higher. Investors are advised to adopt a “buy on dips” strategy, meaning they can consider purchasing during small corrections in the price.

Buying Advice for Consumers

  • Always check for hallmark certification before purchasing physical gold.

  • Consider additional costs such as making charges when buying jewellery.

  • For investment purposes, gold exchange-traded funds (ETFs) and sovereign gold bonds can be good alternatives to physical gold.

  • Keep an eye on international market cues, as they strongly influence domestic prices.