Now Reading: Gold steady at Rs 1.46 lakh on Karwa Chauth, silver up Rs 500
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Gold steady at Rs 1.46 lakh on Karwa Chauth, silver up Rs 500
The Story in Brief
Gold prices remained steady in Delhi on Karwa Chauth, Thursday, 29 October 2026, at Rs 1.46 lakh per 10 grams, according to the All India Sarafa Association. Jewellery and retail sellers stayed cautious about fresh purchases due to the high rates.
Silver prices rose by Rs 500 to Rs 1,98,500 per kilogram, including all taxes. The white metal had closed unchanged at Rs 1.98 lakh per kilogram on Wednesday, 28 October 2026.
Indian Opinion Analysis
The flat gold rate on a key buying festival shows high prices are dampening demand for jewellery. Sellers’ caution suggests retail footfall may be lower than usual. Silver’s Rs 500 jump offers a cheaper festive alternative, but at Rs 1.98 lakh per kg it remains elevated. The next move depends on how global cues and domestic buying interest shift after Karwa Chauth.
Source: amarujala.com
This brief was synthesised by AI from the source linked above. Methodology and corrections.
