Gold Rate Today, May 29, 2026: Check 22K and 24K Gold Prices in Delhi, Mumbai, Chennai and Other Cities

Retail gold prices (gold rates) in India registered a marginal decline today, May 29, continuing a week-long cooling trend after scaling notable highs earlier in the month. According to data tracked by the business and financial portal Good Returns, the national average for 24-carat gold dropped to INR 1,56,050 per 10 grams, while 22-carat gold shifted to INR 1,43,040 per 10 grams. This modest dip comes amid changing dynamics in international markets, fluctuating crude oil rates, and a slight cooling of regional safe-haven demand.

Scroll down to check the gold rate today, May 29, in Delhi, Chennai, Mumbai, Kolkata, Lucknow, Pune, Bengaluru, Hyderabad, Jodhpur, Jaipur, Srinagar, Noida, Ghaziabad, Gurugram and Ahmedabad. Gold Rate Today, May 28, 2026: Check 22K and 24K Gold Prices in Delhi, Mumbai, Chennai and Other Cities.

National Average Breakdown of Gold Rates

Purchasers looking at larger consumer quantities will find the standard 10-gram rate for 24-carat (99.9 per cent pure) gold sitting at INR 1,56,050 today, compared to INR 1,56,060 recorded yesterday. For 22-carat gold, which is widely favoured by retail buyers for traditional jewellery manufacturing, the price is ₹1,43,040 per 10 grams. Meanwhile, lighter 18-carat gold options average approximately INR 1,17,030 per 10 grams nationwide.

City-Wise Retail Variations of Yellow Metal

Because local market demands, municipal taxes, and transport octroi differ across regions, final retail storefront prices show localised deviations from the national baseline. The retail breakdown across major metropolitan hubs on May 29 includes:

Gold Rate Today, May 29, 2026

Key Drivers Behind Gold Rates

Market analysts attribute the steady moderation observed over the last few trading sessions to a temporary stabilisation of global commodity bottlenecks. Earlier in 2026, severe tensions in West Asia and maritime blockades along critical shipping corridors had pushed global spot gold past historical peaks, driven by a global flight to safe-haven assets. The current domestic price correction is also being influenced by a stabilisation in international oil valuations. When energy import costs decline, it alleviates local inflation concerns, marginally reducing the immediate domestic reliance on gold as an inflation hedge. Dubai Gold Rate Today: 18K, 22K, 24K Gold Prices on May 28, 2026.

Consumers evaluating these base rates should note that final billing at jewellery showrooms will reflect additional overheads. The base value figures published by Good Returns do not account for local making charges - which vary significantly by ornament complexity - or the mandatory 3 per cent Goods and Services Tax (GST) applied at the point of sale.

(The above story first appeared on LatestLY on May 29, 2026 08:15 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).