Gold Prices Remain Volatile Amid Economic Uncertainty

Gold prices in India remain volatile on August 29, 2026, with 24-carat gold priced at around ₹15,824 per gram. Despite drastic changes from previous levels, gold continues to trade near record highs due to economic uncertainty and sustained safe-haven demand.

The international spot price of gold is approximately $4,454.40 per troy ounce. In India, 24-karat gold prices are around ₹16,375 per gram, affecting various aspects such as geo-political tensions, global economic situation, international gold prices, and currency changes.

Investors are showing preference to gold amidst prevailing geopolitical risks and economic uncertainties along with volatile financial markets. For long-term investors, it may be worthwhile buying gold in small quantities but regularly, while buyers looking for jewellery may choose to wait for any potential fall in prices.