The prices of gold and silver continue to fluctuate as the festive season approaches. Ahead of Ganesh Utsav, buyers planning to purchase jewelry or silver items are watching daily updates carefully. On Friday, gold prices witnessed a rise while silver prices recorded a slight fall.
Across major cities, the rates of 18-carat, 22-carat, and 24-carat gold have changed. Silver, too, has shown a mixed trend depending on the region. Let us take a closer look at today’s gold and silver prices in India.
Gold Rate Today: Friday’s Update
On 29 August 2025, the price of gold surged in Indian markets. For 22-carat gold, the price per 10 grams stood at ₹94,210. The 24-carat gold price reached ₹1,02,760 per 10 grams. For 18-carat gold, the rate hovered around ₹77,090 per 10 grams.
These rates indicate rising demand in urban and semi-urban areas. With Ganesh Chaturthi approaching, many families are purchasing jewelry, coins, and ornaments, pushing demand higher.
Silver Rate Today: Slight Decline
While gold rates rose, silver prices dipped slightly in some markets. On 29 August, the rate for 1 kilogram of silver in Delhi, Jaipur, Kolkata, Lucknow, Ahmedabad, and Mumbai was ₹1,19,900.
In Chennai, Hyderabad, Kerala, and Madurai, silver was priced higher at ₹1,29,900 per kilogram. In Bhopal and Indore, the silver rate stood at ₹1,19,900 per kilogram.
This minor fall offers an opportunity for buyers looking to invest in silver before the festive demand increases further.
18-Carat Gold Price Across Cities
Gold buyers often compare rates across cities before purchasing. On Friday, the 18-carat gold prices were as follows:
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In Delhi, 10 grams of 18-carat gold cost ₹77,090.
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In Kolkata and Mumbai, the price was ₹76,960 per 10 grams.
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In Indore and Bhopal, the rate stood at ₹77,000.
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In Chennai, gold traded at ₹77,760 for 10 grams.
These prices reflect regional variations due to demand, taxes, and logistics.
22-Carat Gold Price Across Markets
For 22-carat gold, the price trends on 30 August were:
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In Bhopal and Indore, 10 grams of 22-carat gold cost ₹94,110.
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In Jaipur, Lucknow, and Delhi, the rate was ₹94,210 per 10 grams.
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In Hyderabad, Kerala, Kolkata, and Mumbai, the price stood at ₹94,060.
The rates show that northern cities like Delhi and Jaipur recorded slightly higher prices than southern markets.
24-Carat Gold Price in Major Cities
For pure 24-carat gold, the prices remained high across cities.
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In Bhopal and Indore, 10 grams of 24-carat gold cost ₹1,02,510.
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In Delhi, Jaipur, Lucknow, and Chandigarh, the price stood at ₹1,02,760.
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In Hyderabad, Kerala, Bengaluru, and Mumbai, the rate was ₹1,02,610.
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In Chennai, the price matched at ₹1,02,610 for 10 grams.
This highlights steady demand for pure gold bars and coins, especially during festive preparations.
Why Gold and Silver Prices Fluctuate
The prices of gold and silver are influenced by several global and domestic factors.
Internationally, the rates depend on the dollar index, crude oil trends, and US Federal Reserve policies. Domestically, festive demand, import duties, and inflation directly impact gold and silver prices.
With Ganesh Utsav and wedding season ahead, buyers expect continued fluctuations. Experts suggest that demand may keep prices on the higher side until mid-September.
How to Check Gold Purity
Before buying gold, it is important to check purity. The Bureau of Indian Standards (BIS) provides hallmark certification to ensure authenticity.
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24-carat gold is 99.9% pure, marked as 999.
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22-carat gold is around 91.6% pure, marked as 916.
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21-carat is marked as 875, while 18-carat is marked as 750.
Since 24-carat gold is too soft for jewelry, most ornaments are made from 18, 20, or 22-carat gold mixed with copper, silver, or zinc. Buyers should always look for the BIS hallmark before making a purchase.
Why 24-Carat Jewelry Is Rare
Though 24-carat gold is considered pure, it is not commonly used in jewelry. The softness of the metal makes it unsuitable for daily wear ornaments.
Instead, jewelers prefer 18-carat or 22-carat gold, which provides both durability and aesthetic appeal. Coins and bars, however, are often available in 24-carat, making them ideal for investment purposes.
Demand During Ganesh Utsav
Gold and silver demand typically rises during major festivals in India. Ganesh Utsav, which falls in September this year, has already sparked an increase in gold purchases.
Jewelry shops across cities are witnessing higher footfall. Many buyers are also opting for silver coins and utensils, considered auspicious during the festival.
Investment Perspective
Apart from jewelry, gold and silver remain popular investment assets. With stock markets experiencing volatility, many Indian families prefer to invest in precious metals.
Experts suggest that long-term investment in gold offers stability, especially during uncertain economic conditions. Silver, on the other hand, is gaining traction due to its industrial use in electronics and renewable energy sectors.
On 30 August 2025, gold prices increased while silver recorded slight declines.
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22-carat gold stood at ₹94,210 per 10 grams.
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24-carat gold traded at ₹1,02,760 per 10 grams.
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18-carat gold hovered near ₹77,090 per 10 grams.
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Silver prices were ₹1,19,900 per kilogram in most cities, with higher rates in Chennai and Kerala.
As Ganesh Utsav approaches, buyers are closely watching daily fluctuations. For those planning purchases, keeping track of Gold Rate Today and Silver Price Today helps make informed decisions. With hallmark certification, buyers can ensure they receive authentic and pure gold.
