Gold Rate Today, June 29: Prices fall by up to ₹930 per 10 gm; check 18, 22, 24 carat rate across major jewellers

Gold prices after witnessing a modest recovery in the past two days have again declined today in the retail market. According to GoodReturns.in, 24 carat gold has declined by ₹930 to ₹1,43,020 per 10 gm, while 22 carat gold has fallen in price by ₹850 to ₹1,31,100. Meanwhile, 18 carat gold also recorded a fall in price by ₹690 to ₹1,07,270 per 10 gm.

On June 29, 2026, gold prices across major brands are as below:

Kalyan Jewellers 24 carat gold is priced at ₹14,302, while 22 carat and 18 carat gold is available at a price of ₹13,110 and ₹10,727 per gm, respectively.

Joyalukkas: 22 carat gold is priced at ₹13,110 per gm. 24 carat gold quoted at ₹14,302 per gm, while 18 carat gold was retailing at ₹10,726.

Malabar Gold: 24 carat gold is priced at ₹14,302, while 22 carat is available at a price of ₹13,110 per gm, respectively.

Factors influencing gold rate in India

Gold August futures at around 9:28 am (IST) traded weak by 0.26% or ₹375 at ₹1,43,787 per 10 gm. Prices mirrored sentiment overseas, with the US gold futures also trading lower by 0.32% at $4,083.33 per ounce.

The precious metal is being weighed down amid fresh tensions between the US and Iran which has pushed oil prices higher. Also, expectations of the interest rate hike by the US Federal Reserve also weighed on sentiment.

Oil prices on Monday were up by over 1%, with WTI crude trading at $70.06 per barrel as fresh strikes by Iran highlighted the weakness of the interim US-Iran deal.

Last week, gold prices corrected as much as 2% as continued dollar gains weighed on gold.

The gains in the dollar negatively impacts gold as dollar-priced bullion makes gold expensive for holders of other currencies.

In the near-term, gold price direction will be influenced by the upcoming economic indicators, Federal Reserve officials comments and the US dollar trajectory.