Gold and silver prices remained at elevated levels across India on September 29, 2026, keeping both buyers and investors focused on the latest market rates. The price of 24-carat gold was around ₹1.5 lakh per 10 grams, while silver also continued to trade at relatively high levels.
Precious metal prices can vary from one city to another because of factors such as local taxes, transportation expenses and dealer margins. As a result, the retail rate available to buyers may not be identical across different parts of the country.
Gold and Silver City-Wise Rates on September 29
The latest available market data shows that 24-carat gold was trading around the ₹1.5 lakh mark for 10 grams in several major Indian cities. Silver prices also remained expensive, although the actual rate differed depending on the location.
For jewellery buyers, 22-carat gold remains an important category because it is commonly used to make jewellery. In comparison, 24-carat gold has a higher level of purity and is generally tracked by investors and people purchasing gold bars or coins.
Silver has also remained under close observation, with prices showing noticeable movements over recent trading sessions. This reflects the changing conditions in the precious-metals market.
Why Gold and Silver Rates Differ by City
Gold and silver prices are not necessarily the same across all Indian markets. Differences in local taxes, transportation costs, dealer margins and other market-related factors can affect the final quoted price.
Retail jewellery prices may differ even further between sellers because each retailer can have its own pricing structure and additional charges.
Check the Final Jewellery Price Before Buying
The market rate of gold or silver should not be considered the final amount payable at a jewellery store. Buyers may have to pay additional costs such as making charges, wastage charges and GST, depending on the purchase.
Anyone planning to buy gold or silver should check the latest rate with a local jeweller before completing the transaction. Prices can change during the day, while the final retail price can also vary according to purity, product type and applicable charges.
Disclaimer: Gold and silver prices mentioned in this article are indicative and may change depending on market conditions, location and retailer-specific charges. Readers should verify the latest rates with an authorised jeweller or reliable market source before making a purchase.