Gold prices in India are subject to daily fluctuations influenced by global market trends, demand, and various economic factors. As of June 29, 2025, here’s a look at the gold rates in some of the major cities:

Delhi:

• 24 Carat Gold: ₹94,820 per 10 grams.
• 22 Carat Gold: ₹90,300 per 10 grams.

For 24 Carat gold, this reflects a decrease of ₹570 per 10 grams compared to yesterday, while 22 Carat gold also saw a decrease of ₹550 per 10 grams. Another source indicates slightly higher prices, with 24 Karat gold at ₹98,183 per 10 grams and 22 Karat gold at ₹90,013 per 10 grams.

Mumbai:

• 24 Carat Gold: Ranges from ₹94,610 to ₹98,037 per 10 grams.
• 22 Carat Gold: Ranges from ₹89,867 to ₹90,100 per 10 grams.

Like Delhi, Mumbai also experienced a decrease compared to yesterday, with 24 Carat gold decreasing by ₹570 per 10 grams and 22 Carat gold decreasing by ₹550 per 10 grams.

Chennai:

• 24 Carat Gold: Ranges from ₹93,770 to ₹98,179 per 10 grams.
• 22 Carat Gold: Ranges from ₹89,300 to ₹89,931 per 10 grams.

The gold rate in Chennai is ₹9,742 per gram for 24 karat gold and ₹8,930 per gram for 22 karat gold. There has been a slight decrease from yesterday's rates, with 22 Carat gold decreasing by ₹550 per 10 grams and 24 Carat gold decreasing by ₹570 per 10 grams.

Other Cities & Considerations:

It's important to note that these rates are indicative and do not include GST, TCS, and other levies. For exact rates, it is best to contact local jewelers. Several factors influence gold prices, including global market trends, local demand, and fluctuations in the rupee against the dollar. Demand for gold in Chennai has been rising, primarily for jewelry, with less demand for gold biscuits and coins.

Understanding Gold Purity:

• 24 Carat Gold: This is the purest form of gold, containing 99.9% gold. It is typically used for investment purposes.
• 22 Carat Gold: This contains 91.6% gold, with the remaining portion consisting of other metals. It is widely used for making jewelry due to its balance of purity and durability.

Factors Influencing Gold Prices:

Gold prices are influenced by a complex mix of factors, including global trade, demand, dollar movement, and global interest rates. As interest rates in the US increase, there may be limited scope for gold to rally globally, which can subdue gold rates in cities like Chennai.

Investment Considerations:

Gold is often considered a hedge against inflation, making it a crucial investment for many. Investors should monitor daily gold prices due to fluctuations caused by various factors.