Ahead of US Data: What It Means for Gold and Silver, 29 October 2026
US GDP and core inflation data are scheduled for 18:00 IST. Here is what Indian buyers should know before the releases.
At a glance
US GDP and core inflation data are scheduled for 18:00 IST. Here is what Indian buyers should know before the releases.
US GDP and inflation data are due at 18:00 IST
The US Advance GDP q/q and Core PCE Price Index m/m are scheduled for 18:00 IST on Thursday, 29 October 2026. The economic calendar marks both releases as high impact.
The US Advance GDP Price Index q/q and Unemployment Claims are also scheduled for 18:00 IST, both marked medium impact.
What the releases measure
Advance GDP is an early estimate of how the US economy’s output changed from the previous quarter. The Core PCE Price Index tracks monthly changes in consumer prices, excluding food and energy.
Investors watch growth and inflation data when assessing the outlook for interest rates. That can affect views on the US dollar, which matters to gold because gold is priced internationally in dollars. This is general context, not a forecast of what the releases will show or how prices will respond.
Gold and silver counter rates going in
At 16:00 IST on 29 October 2026, All India Bullion’s GST-inclusive local counter rate was Rs 1,44,210 per 10 g for 999 gold, Rs 1,43,210 per 10 g for 995 gold and Rs 1,32,240 per 10 g for 22K gold. These are the company’s retail quotes, with its retail premium included; they are not market, spot or MCX prices.
At 16:00 IST on 29 October 2026, All India Bullion’s GST-inclusive local counter rate for 999 silver was Rs 1,96,630 per kg.
What to check before buying
A move in the dollar against the rupee can affect the rupee price of gold and silver on the day. For a purchase, use a firm quote for the product and quantity you want rather than treating an earlier counter reading as the price you will pay.
Check today’s live rate on the site, then call or message the desk for a firm quote.
Sources
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Gold falls as dollar firms ahead of US jobs report
The US employment release is scheduled for 19:00 IST on 6 November. All India Bullion’s GST-inclusive counter rates were read at 17:00 IST.
US midterm results lift Indian gold and silver as dollar and yields fall
All India Bullion’s GST-included counter rates at 17:30 on 4 November were Rs 1,43,930 per 10 g for Gold Local 999 and Rs 1,90,160 per kg for Silver Local 999.
Gold slips after Fed holds rates as traders await US inflation data
Gold was reported lower after the US Federal Reserve held rates. Silver’s move, the international spot prices and the rupee’s direction are not stated in the available reports.
