Gold Prices Extend Decline to ₹15,137 on April 29: Latest 24K, 22K and 18K Rates Across Major Cities

No image Anupama VM - 4 min read

Last Updated: 29th April 2026 - 11:25 am

Gold prices in India have remained volatile after the sharp rally seen earlier in March. The 24K rate, which had surged to ₹16,980 on March 2, declined steadily through mid-March to ₹15,093 on March 20 before dropping sharply to ₹14,002 on March 23. Prices rebounded to ₹14,667 on March 25, eased to ₹14,471 on March 27, and climbed back to ₹15,148 on April 1.

A pullback followed, with prices slipping to ₹14,913 on April 6, before recovering to ₹14,984 on April 7. The rebound strengthened further, with 24K gold rising to ₹15,148 on April 9 and extending gains to ₹15,300 on April 10. Prices then saw a mild correction on April 13, easing to ₹15,246, but the uptrend resumed with gold climbing to ₹15,535 on April 15 and further to ₹15,577 on April 16. Prices dipped to ₹15,420 on April 17 before stabilising at ₹15,529 on April 20 and April 21.

However, the correction deepened thereafter, with prices falling to ₹15,355 on April 22 and further to ₹15,295 on April 23. A rebound followed, with prices rising to ₹15,442 on April 27, but the recovery proved short-lived, with gold easing again to ₹15,300 on April 28 and further to ₹15,137 on April 29, indicating sustained volatility and continued resistance near recent highs.

Gold Prices Today in India April 29, 2026

As of 11:20 AM on April 29, gold rate today across major Indian cities jumps compared to the previous session. Below are the latest per-gram prices for 24K, 22K, and 18K gold across key regions:

Recent Gold Price Movements in India

Here’s a snapshot of how gold prices have moved over the past few days:

  • April 29th: 24K at ₹15,137, 22K at ₹13,875, 18K at ₹11,353.
  • April 28th: 24K at ₹15,300, 22K at ₹14,025, 18K at ₹11,475.
  • April 27th: 24K at ₹15,442, 22K at ₹14,155, 18K at ₹11,582.
  • April 23rd: 24K at ₹15,295, 22K at ₹14,020, 18K at ₹11,471.
  • April 22nd: 24K at ₹15,355, 22K at ₹14,075, 18K at ₹11,516.

Gold prices in India have shown renewed strength in April, extending their rebound after recent volatility. After easing to ₹15,246 on April 13, the 24K rate climbed to ₹15,535 on April 15 and further to ₹15,577 on April 16, hitting fresh short-term highs. However, prices dipped to ₹15,420 on April 17, indicating profit booking, before stabilising at ₹15,529 on April 20 and April 21. The correction deepened thereafter, with prices falling to ₹15,355 on April 22 and further to ₹15,295 on April 23. A rebound followed, with prices rising to ₹15,442 on April 27, but the uptick proved short-lived, with prices easing to ₹15,300 on April 28 and declining further to ₹15,137 on April 29, signalling continued selling pressure and weakness near recent highs.

Similarly, 22K gold slipped to ₹13,975 on April 13 before rising to ₹14,240 on April 15 and ₹14,260 on April 16. Prices then eased to ₹14,135 on April 17, recovered to ₹14,235 on April 20 and April 21, and declined further to ₹14,075 on April 22 and ₹14,020 on April 23. It rebounded to ₹14,155 on April 27 but slipped again to ₹14,025 on April 28 and further to ₹13,875 on April 29, mirroring the continued weakness in 24K gold.

The 18K rate followed the same trajectory, easing to ₹11,434 on April 13 before climbing to ₹11,651 on April 15 and ₹11,668 on April 16. It then declined to ₹11,565 on April 17, recovered to ₹11,647 on April 20 and April 21, and fell further to ₹11,516 on April 22 and ₹11,471 on April 23. Prices rose to ₹11,582 on April 27 before easing again to ₹11,475 on April 28 and further to ₹11,353 on April 29, reflecting a broader correction across all gold categories.

Gold Market Outlook

Gold prices in India remain volatile, with the recent recovery losing further momentum. After peaking at ₹15,577 on April 16, prices dipped to ₹15,420 on April 17 and stabilised at ₹15,529 on April 20 and April 21. The decline extended to ₹15,355 on April 22 and ₹15,295 on April 23, indicating sustained selling pressure. Although prices rebounded to ₹15,442 on April 27, they have since slipped to ₹15,300 on April 28 and further to ₹15,137 on April 29, signalling continued weakness and resistance at higher levels. Chennai and Delhi continue to trade at a premium, while the broader trend remains under pressure.

Conclusion

As of April 29, gold prices across most major cities have declined to around ₹15,137 per gram for 24K, ₹13,875 for 22K, and ₹11,353 for 18K. Chennai remains the highest-priced market with 24K gold at ₹15,219, followed by Delhi at ₹15,153.

The continued decline after a brief rebound suggests persistent selling pressure and a lack of strong upward momentum. While volatility remains elevated, gold prices are likely to stay sensitive to global cues, currency movements, and investor sentiment in the near term.

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