Gold prices drop by over ₹1,700; silver offers relief too—check the rates for July 29

Gold-Silver Price Today (July 29, 2026): You can find the current rates for gold and silver here. The specific prices for both metals are listed below.

Gold-Silver Price Today (July 29, 2026): If you are planning to buy gold, there is good news for you. After a continuous upward trend, a significant drop in gold prices has been recorded in the bullion market today. On July 29, the price of 24-carat gold fell by approximately 1.17% to ₹1,44,160 per 10 grams. Meanwhile, silver prices remained unchanged, holding steady at ₹2,39,900 per kilogram.

How much did gold prices drop in a single day?

On July 28, 2026, the price of 24-carat gold was ₹1,45,870 per 10 grams. Today, a decline of approximately ₹1,710 per 10 grams has been recorded. This means that if you have been waiting to buy gold over the past few days, today brings welcome relief.

No change in silver prices

Unlike gold, the price of silver has remained stable. Silver is trading at ₹2,39,900 per kilogram today, unchanged from the previous trading session.

Why did gold prices fall?

Gold prices faced downward pressure due to profit-booking in the international market, a strengthening dollar index, and investor caution ahead of the US Federal Reserve meeting. This trend was reflected in the domestic market as well, resulting in a drop in gold prices.

Things to keep in mind before buying

If you are purchasing gold jewelry, always ensure you check for the BIS hallmark and the HUID number. Additionally, pricing can vary among jewelers, so make a purchase only after comparing prices.