City-wise Gold Rate Today, April 29: 22, 24 carat gold prices in Mumbai, Delhi, Kolkata, Chennai

Gold price has declined for the second consecutive day in India today (April 29, 2026). The prices have declined in the retail market even as internationally prices remain steady ahead of the crucial Fed outcome due later today.

24 carat gold in India is priced at ₹1,51,660 per 10 gm, down ₹1,620. Meanwhile, 22 carat gold is priced at ₹1,39,030, down 1.07% or ₹1,500 per 10 gm over the previous close

As of April 29, 2026, here below are the latest rates across major brands.

Joyalukkas: 22 carat gold is priced at ₹1,38,750 per 10 gm

Kalyan Jewellers: 22 carat gold is priced at ₹1,38,750 per 10 gm, while the price of 24 carat gold is ₹1,54,750

Malabar Gold: 22 carat gold is priced at ₹1,38,750 per 10 gm, while the price of 24 carat gold is ₹1,51,360

Factors influencing gold rate today

Gold prices in India are primarily influenced by movement of bullion in the international markets. Investors await the crucial Fed outcome, together with his comments on the impact of the stalled US-Iran talks on the economy.

On the MCX, gold June futures traded higher by 0.67% or ₹1000 at ₹1,51,027 per 10 gm. In the previous session, gold futures closed at 1,50,027 per 10 gm.

Meanwhile, the US gold futures traded steady with a positive bias at $4,610 per ounce, up by 0.05%.

US President Donald Trump said that Iran has asked it to ease restrictions on movement and supplies by lifting the blockade on its ports.

The attempt to end the conflict with Iran have largely failed as Trump is not satisfied with Tehran's latest proposal.

The markets, meanwhile, are expecting the Federal Reserve to maintain status-quo after its 2-day FOMC meeting ends today.