Gold Prices Today on 29th May: Gold Rates Slip Across India

Gold prices have witnessed a slight decline on Thursday, 29th May 2025, following a session of price stability. Both 22K and 24K gold rates have moved lower in early trade. According to the latest market data, 22K gold has dropped by ₹40 per gram, now priced at ₹8,895, while 24K gold has decreased by ₹44 per gram to stand at ₹9,704 per gram.

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Cost of Gold in India Dip Today on 29th May 2025

As of 11:20 AM on 29th May, gold rates today a minor downward movement in gold prices has been recorded across all major Indian cities. This comes after a steady day on Wednesday. Here is a snapshot of gold rates in key cities across the country:

• Gold Price Today in Mumbai: 22K gold is now at ₹8,895 per gram; 24K gold stands at ₹9,704 per gram.
• Gold Price Today in Chennai: Prices have declined—₹8,895 per gram for 22K gold and ₹9,704 per gram for 24K gold.
• Gold Price Today in Bangalore: Gold is priced at ₹8,895 per gram for 22K and ₹9,704 per gram for 24K—both down from yesterday.
• Gold Price Today in Hyderabad: 22K gold trades at ₹8,895 per gram; 24K gold is at ₹9,704 per gram.
• Gold Price Today in Kerala: Following the nationwide trend—₹8,895 for 22K gold and ₹9,704 for 24K gold.
• Gold Price Today in Delhi: Rates are slightly higher—22K gold at ₹8,910 per gram and 24K gold at ₹9,719 per gram.
   

Recent Gold Price Movements in India

Here’s a quick summary of how gold prices have shifted over the past few days:

• May 29: Prices declined; 22K gold fell by ₹40 and 24K by ₹44 per gram.
• May 28: No change in gold rates; 22K held at ₹8,935 and 24K at ₹9,748 per gram.
• May 27: Mild drop observed; 22K gold down by ₹15 and 24K by ₹16 per gram.
• May 26: Prices slightly lower; 22K at ₹8,950 and 24K at ₹9,764 per gram.
• May 24: A moderate increase; 22K rose to ₹8,990 and 24K to ₹9,808 per gram.
   

Outlook for Gold Prices

The drop in gold rates today may reflect renewed pressure from global markets and investor caution. Economic indicators such as inflation expectations, US interest rate forecasts, and currency strength are key drivers of bullion trends. With the price showing volatility this week, market participants might consider tracking real-time updates for timely decisions—whether for investment, hedging, or jewelry purchases.