Gold Rate Today 29 August: Know today's gold and silver prices here

Gold Rate Today 29 August: The prices of gold and silver are experiencing fluctuations during the festive period. Following a decline in gold prices yesterday, they have increased once more today. On August 29, there has been a shift in gold prices in the bullion market. Currently, the price of 24-carat gold is ₹ 1,02,760 for ten grams. As for silver, its price today is ₹ 1,19,900 per kilogram.

Gold Rate Today 29 August:  Gold price in major cities

City 24 Carat Gold Rate (₹/10 gm) 22 Carat Gold Rate (₹/10 gm)
Delhi ₹ 1,02,760 ₹94,210

Ayodhya ₹ 1,02,760 ₹94,210

Chandigarh ₹1,02,760 ₹94,210

 Jaipur ₹1,02,760 ₹94,210

Lucknow ₹1,02,760 ₹94,210

Hyderabad ₹1,02,610 ₹94,060

Mumbai ₹1,02,610 ₹94,060

Banglore ₹1,02,610 ₹94,060

 Kolkata ₹1,02,610 ₹94,060

Patna ₹ 1,02,660 ₹94,110

Silver Rate Today 29 August: Know the rate of silver in major cities

City Silver Price (₹/Kilogram)

Delhi ₹1,19,900

Ayodhya ₹1,19,900

Chandigarh ₹1,19,900

Hyderabad ₹1,19,900

Jaipur ₹1,19,900

Bengaluru ₹1,19,900

Kolkata ₹1,19,900

Gold Rate Today 29 August: How and why do gold prices change in India?

The trading of gold by central banks globally significantly influences this. Currently, not all central banks maintain complete reserves. This situation causes swift changes in gold prices. In essence, central banks account for a substantial portion of the demand for gold. When demand surpasses expectations, central banks quickly raise gold prices. This occurs frequently, leading to a significant rise in gold prices.