Gold Prices Dip Slightly on July 29: 24K at ₹9,982 Per Gram

After holding steady for two days, gold prices in India saw a marginal decline on Tuesday, July 29, 2025. The downward adjustment across purity levels reflects minor fluctuations in international bullion trends and profit-booking by short-term investors. Despite the slight drop, gold remains a cornerstone for long-term wealth preservation and inflation protection.

According to the latest data, the 24K gold rate in India has slipped to ₹9,982 per gram. Similarly, 22K gold is priced at ₹9,150 per gram, while 18K gold stands at ₹7,487 per gram. These figures, sourced from reputable jewellers across the country, indicate a short-term correction in the domestic gold market.

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Gold Prices Today in India – July 29, 2025

As of 9:49 AM on July 29, gold rate today across major Indian metro cities. Here are the latest per-gram rates for 22K and 24K gold:

• Gold Price Today in Mumbai: 22K gold is priced at ₹9,150 per gram, while 24K gold is quoted at ₹9,982 per gram.
• Gold Price Today in Chennai: 22K gold trades at ₹9,150 and 24K gold at ₹9,982 per gram.
• Gold Price Today in Bangalore: 22K at ₹9,150 and 24K at ₹9,982 per gram.
• Gold Price Today in Hyderabad: Gold is valued at ₹9,150 (22K) and ₹9,982 (24K) per gram.
• Gold Price Today in Kerala: Gold is valued at ₹9,150 (22K) and ₹9,982 (24K) per gram.
• Gold Price Today in Delhi: Slightly higher, with 22K at ₹9,165 and 24K at ₹9,165 per gram.

Recent Gold Price Movements in India

Here’s how gold prices have fluctuated over the past few days:

• July 29: 24K at ₹9,982, 22K at ₹9,150
• July 28: 24K at ₹9,993, 22K at ₹9,160
• July 27: 24K at ₹9,993, 22K at ₹9,160
• July 26: 24K at ₹10,021, 22K at ₹9,190
• July 25: 24K at ₹10,048, 22K at ₹9,210
• July 21: 24K at ₹10,121, 22K at ₹9,270

Gold Market Outlook

Today’s modest drop in gold prices signals a cautious stance among investors amid mixed global cues and a pause in local buying momentum. While global inflation concerns have eased slightly, eyes remain on the upcoming festive season demand and geopolitical developments that could influence price direction. Even with minor corrections, gold continues to offer a reliable hedge and remains a trusted asset class for long-term portfolio stability.