Archive · 29 Oct 2025
Gold Prices Dip Amidst Volatility; Upward Trend Seen on October 29
Gold prices have been like a rollercoaster lately!
After going up a lot, they came down during the Diwali holiday and kept falling.
But today, Wednesday, October 29, the prices are starting to go up again.
Gold is seen as a good way to protect your money from inflation.
The purest gold, called 24-carat, is the most expensive and what people buy to invest.
The slightly less pure kinds, 22-carat and 18-carat gold, are usually used to make beautiful jewelry.
Gold prices in India have been highly volatile, experiencing a sharp decline after a previous surge.
Prices dipped during the five-day Diwali festivities and continued to fall in the subsequent days.
As of Wednesday, October 29, gold rates are showing an upward trend.
24-carat gold is the purest and most expensive, typically used for investment.
22-carat and 18-carat gold are commonly used for making jewelry.
- Who
- Traders and consumers in India
- What
- Gold prices have shown volatility, dipping during Diwali festivities and continuing to fall, but an upward trend is observed on October 29.
- When
- Wednesday, October 29
- Where
- India (Chennai, Mumbai, Delhi, Kolkata, and other cities)
- Why
- Gold prices are volatile and considered an inflation hedge.
- 24K Gold
- Most expensive, used for investment
- 22K Gold
- Primarily used for jewellery
- 18K Gold
- Primarily used for jewellery
Sources
Buying Gold? Here's What Baba Vanga Predicted About 'Cash Crush' In 2026
Will the gold price recover after October’s FOMC meeting?
Gold prices drop as record global rally loses steam: Is it time to buy or sell? Experts weigh in
Gold Rate Today (October 29) Prices Crash To 3-Week Low: 24K Gold Down Rs 1 Lakh In 10 Days - Check Prices Across Delhi, Mumbai & Other Major Cities