Gold Prices Fall Sharply: 24K Gold at ₹1.47 Lakh per 10 Grams

Gold prices remained under pressure on September 29, 2026, following a sharp decline in the previous trading session. According to NDTV Profit, 24K gold was trading at around ₹1,47,270 per 10 grams on Tuesday morning, while 22K gold was around ₹1,34,998 per 10 grams.

The decline came amid several global factors, including concerns over higher inflation, elevated oil prices and expectations of further US interest-rate increases. International gold prices also weakened, with spot gold falling to around $4,125 an ounce, according to Hindustan Times.

On the Multi Commodity Exchange, gold had settled at ₹1,46,804 per 10 grams on September 28, after a sharp fall during the session.

However, gold prices can vary depending on the city, dealer premium, purity and whether the quoted price includes taxes or jewellery-making charges. An India-wide bullion benchmark put 24K gold at ₹1,48,928 per 10 grams on September 29, illustrating the difference between reference and retail rates.

In short: Gold remains volatile, with global interest-rate expectations and inflation concerns influencing prices closely.