What Moved Gold on 29 October 2026
All India Bullion's 17:30 retail quote records a price, not the day's direction or its cause. The scheduled United States data had not yet been released at that reading.
At a glance
All India Bullion's 17:30 retail quote records a price, not the day's direction or its cause. The scheduled United States data had not yet been released at that reading.
The 17:30 quote is a snapshot, not a session move
No specific cause for gold's session move can be established from All India Bullion's 17:30 retail quote on 29 October 2026 alone. The quote was Rs 1,44,170 per 10 g for 999 purity and Rs 1,32,210 per 10 g for 22K, both including GST and the dealer's retail premium.
A single reading does not show whether gold rose or fell during the day. It is All India Bullion's counter rate, not a market, spot or Multi Commodity Exchange of India (MCX) price.
The United States data was still ahead
At the 17:30 reading on 29 October, the calendar had the United States advance gross domestic product (GDP) reading and core personal consumption expenditures (PCE) price index scheduled for 18:00 IST. Advance GDP price index and unemployment claims were also scheduled for 18:00 IST.
Because those releases were scheduled after the quote, they cannot explain that reading. The calendar records what was due, not what the results were or how gold responded.
What the quote can—and cannot—tell buyers
The quoted rate tells buyers the price on All India Bullion's retail board at that time. It does not, by itself, identify a change in the rupee, an international gold price or another cause of an intraday move.
For a buying decision, check the live rate and ask for a firm quote. Confirm the purity, whether GST is included, and any making charges before paying.
What to watch next
The calendar scheduled the United States employment cost index for 18:00 IST on 30 October 2026. Buyers can check the release and then compare it with an updated gold rate; the scheduled item alone does not indicate how prices will move.
Sources
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All India Bullion’s local counter rates at 18:30 on 6 November were Rs 1,45,440 per 10 g for 999 gold, Rs 1,33,370 per 10 g for 22K gold and Rs 1,90,190 per kg for 999 silver, with goods and services tax included.
