There is no doubt that 18K gold is a customer favourite for many, given its durability, affordability and the combination of other metals such as silver and zinc.
Whether you are planning to buy a stunning piece of 18-carat jewelry for the coming festive season or for personal investment, it is essential to stay informed about the changing prices, which are updated almost daily.
In this article, let’s take a look at the latest prices of 18 carat gold as of 29th August, 2025.
What Makes 18 Carat Gold So Special? A Quick Look at Its Purity
When it comes to gold, you may hear terms such as 22 carat (K) and 24K. The gold purity is measured in the form of Karats and 24K is the purest gold as it consists of 99.99% gold. This makes it too soft to be made into jewellery.
As mentioned, the 18K gold purity percentage is 75% and also includes a combination of other metals, which makes it ideal for gold ornaments. Since it is rich in a mixture of metals, it is popularly used for creating complex designs of jewelry. Now you can understand why 18K is widely used for diamond and gemstone-studded jewelry, as the metal mixture provides a stronger setting to hold the stones securely.
18K Gold Price On 29th August 2025: Today’s Update
Gold prices are dynamic due to its changing market demand. As of today, the 29th August, the price of 18K gold in the 5 major Indian cities is as follows:
|
State |
Gold Price per 10g |
|
Bangalore |
₹77,480 |
|
Kerala |
₹76,960 |
|
Mumbai |
₹76,960 |
|
Delhi |
₹77,090 |
|
Chennai |
₹77,760 |
Note that these rates may vary as per market trends and local taxes.
With the festive season of Onam and Diwali getting closer, gold prices are rising steadily. So, ensure to always keep an eye on the prices as discount offers may be available.
Also, if you are thinking of taking a gold loan anytime soon, it is always a wise choice to always check the gold rates, as this influences your gold loan value.
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Key Factors Of Rising Gold Prices
Below are the top reasons driving the gold price trends:
- Domestic demand: India has consistently followed its age-old tradition of buying gold for auspicious occasions, be it for weddings or festivals. This makes it a major consumer in the gold market and the demand remains evergreen, with prices soaring especially during festive seasons.
- Inflation: In cases of high living costs and a drop in currency value, most Indians prefer investing in gold to protect their financial health in the long run. Mainly because gold is always high in value due to customer demand.
- Global economy: Gold is seen as a powerful investment and a symbol of financial security across the globe. In case of global uncertainty, such as wars, political issues and financial crises, gold prices surge due to the increase in consumer demand.
- Currency value: Since India imports most of its gold and prices are set in US dollars, a weaker Indian Rupee makes gold imports pricey. This directly increases gold prices in India.
- Global gold supply: If mining slows down and as a result of which gold supply reduces, the prices may go up with increased customer demand.
- Investment demand: Apart from jewelry buyers, big investors and central banks also buy large quantities of gold as reserves, influencing overall prices.
How To Determine The Purity of 18K Gold?
It is always advised to verify the purity of 18K gold and this is where Bureau of Indian Standards (BIS) Hallmarking comes in. It is a system that certifies the purity of gold and silver jewelry.
There are 4 components to the BIS hallmark, which are:
- BIS Logo: The official triangle mark of BIS.
- Karat and Purity: This will be shown as ‘18K 750’, which means 18-carat gold with 75% purity.
- Hallmarking Centre’s Mark: This refers to the logo of the center that hallmarked the jewelry.
- Jeweller’s Identification Mark: This refers to the unique mark of the jeweler.
As long as your gold has the official logo of the BIS hallmark, it can be completely trusted for its authenticity and high quality.
How Gold Price Decides Gold Value
The everyday price of gold keeps changing and this directly influences the value of the gold loan you can access. So if you are pledging your 18K gold, the loan amount you get is based on its market value.
However, finding the right lender for your gold loan is a tedious process. If you are looking for a platform where you can compare multiple lenders, Buddy Loan connects you to verified ones as per your eligibility.
So, knowing the latest 18K gold price is important if you want to apply for a gold loan, access low interest rates and flexible tenure.
Conclusion
As the end of August 2025 is here, the 18K gold market in India remains strong. Whether you are planning to buy jewelry, invest for the future or use your gold to secure a loan, knowing today’s gold rate ensures you make informed choices. As prices continue to shift, staying updated helps you protect your wealth and maximize the value of your gold assets.
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