Keeping track of gold and silver prices is crucial for investors and enthusiasts alike. Here are the latest rates for today, August 29:

Gold Prices:
On Tuesday, August 29, the gold prices were as follows:

22-carat gold: Rs. 54,600 per 10 grams
24-carat gold: Rs. 59,550 per 10 grams (spot market rates)
Gold prices in various cities:

Chennai: Rs. 59,750
Delhi: Rs. 59,550
Kolkata: Rs. 59,400
Mumbai: Rs. 59,400
Pune: Rs. 59,450
Here are the 22 K Gold Prices (per 10 grams) in major metro cities:

Bangalore: Rs. 54,450
Chennai: Rs. 54,750
Delhi: Rs. 54,600
Kolkata: Rs. 54,450
Mumbai: Rs. 54,450
Pune: Rs. 54,450
Please note that the mentioned rates do not include GST and other levies.

Insight into Gold and Silver:
Gold is available in various purities, with 24k gold being commonly found in the form of bars and coins. When purchasing gold jewelry, the purity generally falls within the range of 18-22K.

Silver Rates:
Similar to gold, silver is also considered an investment avenue. The rates for different quantities of silver on August 29 were as follows:

10 grams: Rs. 736.68
100 grams: Rs. 7,366.80
1 kilogram: Rs. 7,36,680
August 29 Latest Silver Prices (Per 10 grams) in Major Indian Cities:

Bangalore: Rs. 737
Chennai: Rs. 737
Delhi: Rs. 737
Kolkata: Rs. 737
Mumbai: Rs. 737
Pune: Rs. 737
August 29 Latest Silver Prices (Per 100 grams) in Major Indian Cities:

Bangalore: Rs. 7,370
Chennai: Rs. 7,370
Delhi: Rs. 7,370
Kolkata: Rs. 7,370
Mumbai: Rs. 7,370
Pune: Rs. 7,370
August 29 Latest Silver Prices (Per Kilogram) in Major Indian Cities:

Bangalore: Rs. 73,700
Chennai: Rs. 73,700
Delhi: Rs. 73,700
Kolkata: Rs. 73,700
Mumbai: Rs. 73,700
Pune: Rs. 73,700
Factors Affecting Price Fluctuations:
The prices of both gold and silver are subject to various factors, including global demand for precious metals, currency fluctuations, and changes in interest rates.

Market Trends:
Gold prices saw an increase on Tuesday, attributed to a decline in the dollar and Treasury yields. These changes were observed ahead of significant U.S. inflation and jobs data scheduled for the week, which could potentially influence the outlook for interest rates.

As of 0354 GMT, spot gold rose by 0.3% to reach $1,924.84 per ounce. This places it in close proximity to the highest point it reached on August 10, as of Monday. Meanwhile, U.S. gold futures experienced a gain of 0.3%, reaching $1,952.90.

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