Archive · 29 Sep 2026
Indian Gold Prices Slip Further on September 29
Gold became cheaper in India on September 29, 2026.
The price depends on how pure the gold is.
Very pure 24-carat gold cost Rs 14,880 per gram.
22-carat gold cost Rs 13,640 per gram.
18-carat gold cost Rs 11,160 per gram.
These prices were lower than the prices reported on September 28.
Gold prices on the Multi Commodity Exchange also slipped slightly when trading opened.
Around the world, gold stayed near a recent low because investors worried that US interest rates could remain high and waited for new economic data.
On September 29, 24-carat gold was priced at Rs 14,880 per gram in India, according to Good Returns.
22-carat gold stood at Rs 13,640 per gram, while 18-carat gold was Rs 11,160 per gram.
The September 29 rates were lower than the September 28 prices of Rs 15,017, Rs 13,765 and Rs 11,263, respectively.
Gold prices on the Multi Commodity Exchange slipped 0.12% and opened at about Rs 1.46 lakh per 10 grams.
Global gold prices remained steady near a more than seven-week low as investors considered interest-rate concerns and awaited US economic data.
- Who
- Gold buyers and sellers in India; Good Returns reported the prices. The Federal Reserve and US investors were cited in the explanation of global market concerns.
- What
- Prices for 18-, 22- and 24-carat gold declined in India, while gold futures on the Multi Commodity Exchange slipped.
- When
- September 29, 2026, with September 28 prices used for comparison.
- Where
- India and the Multi Commodity Exchange; the report also discusses global gold markets and US economic data.
- Why
- Indian rates were lower, while global gold remained near a more than seven-week low amid concerns that the Federal Reserve could keep interest rates higher for longer.
- 24-carat price
- Rs 14,880 per gram on September 29
- 22-carat price
- Rs 13,640 per gram on September 29
- 18-carat price
- Rs 11,160 per gram on September 29
- Gold purity
- 24K: 99.9%; 22K: 91.6%; 18K: 75%
- MCX movement
- Gold slipped 0.12% and opened at about Rs 1.46 lakh per 10 grams
- September 28 comparison
- Reported prices were Rs 15,017 for 24K, Rs 13,765 for 22K and Rs 11,263 for 18K
- Global market
- Gold hovered near a more than seven-week low while investors awaited US economic data
