Gold Price: Gold and silver prices are still changing in the Indian bullion market. As reported by the India Bullion and Jewelers Association, on the final trading day of the month, the cost of 10 grams of 22-carat gold has once again exceeded Rs 136,000. It was approximately Rs 135,000 per 10 grams on the evening of April 29, 2026.
According to the rates shared on ibjarates.com on the morning of April 30, 2026, the price for 995 purity, or 23-carat gold, is Rs 148057 per 10 grams, while the price for 916 purity, or 22-carat gold, is also Rs 148057 per 10 grams.
What is the current silver rate?
This morning (Thursday), the price of 999 purity silver increased to Rs 236,882 per kg, rising from Rs 236,300 per kg from the previous trading day evening. Silver prices have also seen a minor uptick. Nevertheless, gold and silver prices are still significantly lower than their peak levels.
The official website of the Indian Bullion Jewelers Association, ibjarates.com, updates gold and silver prices every morning and evening from Monday to Friday. These rates are widely recognized. However, it’s important to note that these prices do not include GST, and additional making charges apply when purchasing jewelry.
Gold prices reached a one-month low in Thursday morning trading. In the international market, COMEX gold rose approximately 0.68% to reach around $4,592 per ounce. Silver, meanwhile, showed even faster momentum, rising approximately 1.78%. Simply put, when the dollar weakens, gold becomes cheaper for buyers in other countries, which is why demand increases.
Meanwhile, crude oil prices remain high, with Brent crude hovering above $119 per barrel. This is having a direct impact on inflation. When inflation rises, people typically buy gold as a safe haven. Now, the US Federal Reserve (Fed) has kept interest rates stable for now, but has clearly indicated that inflation remains a concern. This means that interest rates may remain high for a long time. In such an environment, gold prices may remain volatile. Anyway, if you also have the desire to buy gold jewelry, considering all circumstances, it would be wise to buy.
