Lucknow, September 29 (TNA) Gold and silver prices continued to soften in India on Tuesday, September 29, 2026, with bullion rates easing in major cities after the previous session’s decline. In the latest city-wise updates, 24-carat gold was quoted at around ₹14,880 per gram in Mumbai, Kolkata, Bangalore, Hyderabad and Pune, while Delhi was slightly higher at ₹14,895 per gram and Chennai at ₹14,908 per gram.
In the 22-carat category, gold was priced at about ₹13,640 per gram in Mumbai, Kolkata, Bangalore, Hyderabad and Pune, compared with ₹13,655 in Delhi and ₹13,665 in Chennai. The 18-carat rate was listed at ₹11,160 per gram in several cities, while Chennai remained a touch higher at ₹11,435 per gram.
Silver also remained under pressure, though the decline was relatively mild. The metal was hovering around ₹2,39,900 per kilogram across most cities, or about ₹239.90 per gram, while Chennai and Hyderabad were quoted at a slightly higher level of roughly ₹2,44,900 per kilogram.
Market trackers said the weakness in precious metals reflected the impact of global price movements, currency fluctuations and local demand trends. Reports noted that gold and silver prices were influenced by international market cues, along with changing rupee-dollar dynamics and seasonal buying patterns in domestic markets.
Mumbai, Kolkata, Bangalore, Hyderabad and Pune were largely aligned on gold rates, with 24K gold at ₹14,880 per gram and 22K at ₹13,640 per gram. Delhi traded at a marginal premium, while Chennai continued to quote the highest rates among the major metros covered in the latest updates.
For silver, most major cities were near ₹2,39,900 per kg, but Chennai and Hyderabad stood out with slightly firmer prices at around ₹2,44,900 per kg. A separate market update also put silver at ₹239.90 per gram nationally as of 8:00 AM IST on September 29.
The day’s movement suggests a cautious mood in the bullion market rather than any sharp sell-off. For consumers, the lower prices may offer some relief ahead of the festive and wedding-season demand cycle, though traders will continue to watch global cues closely for the next move.