Gold Prices Decline Across India on August 29

Gold prices declined across most cities in India on August 29, 2026. According to BusinessLine, the gold price for 1 gram of 22-carat gold was ₹14,585, down by ₹145 from yesterday's rate. For 8 grams of 22-carat gold, the price dropped to ₹116,680.

The decline in gold prices was observed across various cities, including Coimbatore, Nagpur, Visakhapatnam, Surat, Jaipur, Lucknow, Chandigarh, Indore, Madurai, Bhubaneswar, Patna, Ludhiana, Vadodara, Thrissur, Vijayawada, Kanpur, and Mysore. The prices for 24-carat gold also saw a decline, with the price per gram dropping to ₹15,230 in some cities.

The decrease in gold prices is likely due to market fluctuations, but no specific reasons were mentioned in the BusinessLine report.