Gold Price Today: Gold cheaper on the last day of September; selling for less than ₹1.49 lakh from Delhi to Patna.

Gold Rate Today in India: Ongoing tensions in West Asia have dampened gold prices for the third consecutive day. A surge in bond yields and expectations of further interest rate hikes have exerted downward pressure on the metal. After a day of stability, prices have fallen for the second straight day. Over these three days, the price of 10 grams of 24-carat gold has dropped by ₹3,890, while 22-carat gold has become cheaper by ₹3,560. Specifically, today saw a decline of ₹10 for both 10 grams of 24-carat gold and 22-carat gold. As for silver, sluggish industrial demand has caused its price to dip by ₹100 per kilogram today—marking a decline after a day of stability—on the last day of September.

City-wise Gold Prices

Let’s find out the price of 10 grams of gold (18-carat, 22-carat, and 24-carat purity) in 10 major cities across the country...

City     24-Carat Gold Price (10g)    22-Carat Gold Price (10g)    18-Carat Gold Price (10g)
Delhi              ₹1,48,940                        ₹1,36,540                                 ₹1,11,740
Mumbai         ₹1,48,790                        ₹1,36,390                                  ₹1,11,590
Kolkata         ₹1,48,790                          ₹1,36,390                                ₹1,11,590
Chennai        ₹1,48,790                        ₹1,36,390                                 ₹1,14,090
Bengaluru     ₹1,48,790                        ₹1,36,390                                 ₹1,11,590
Hyderabad    ₹1,48,790                       ₹1,36,390                                 ₹1,11,590
Lucknow       ₹1,48,940                       ₹1,36,540                                   ₹1,11,740
Patna            ₹1,48,840                       ₹1,36,440                                  ₹1,11,640
Jaipur            ₹1,48,940                      ₹1,36,540                                   ₹1,11,740
Ahmedabad   ₹1,48,840                    ₹1,36,440                                     ₹1,11,640

Silver prices dip after    a day of stability

Silver has become cheaper today following a day of stable prices. Prior to this, after three consecutive days of stability, the price of one kilogram of silver had dropped by ₹5,000 on September 28. As for today, September 30, the price of a kilogram of silver in Delhi has fallen by ₹100, bringing it to ₹2,39,900. It is trading at the same rate in other major metropolitan cities like Mumbai, Kolkata, and Chennai.

**What do experts say about gold?**

Experts observe no signs of easing tensions between the US and Iran. US President Donald Trump has threatened a major attack on Iran following the midterm elections. Consequently, crude oil prices remain high, raising concerns about rising inflation. US Federal Reserve official Kevin Warsh has already stated that the current focus will be on controlling inflation. Given this, it is anticipated that the Federal Reserve might raise interest rates once again; a hike in interest rates tends to dampen the appeal of gold. Meanwhile, the strengthening dollar could also weigh down gold prices.