Gold Price Today: Up or Down? Check 18, 22, 24 Carat Rates in Chennai, Mumbai, Delhi, Kolkata

Gold and Silver Price Trends on July 01

Gold prices have been experiencing fluctuations due to ongoing geopolitical tensions, particularly the US war against Iran. This uncertainty has led to a cautious approach from investors and traders, resulting in continued selling pressure on global markets.

On Tuesday, gold and silver prices faced significant downward trends as market participants remained wary of developments in West Asia and the outlook for US interest rates. According to reports, the Multi Commodity Exchange (MCX) saw gold futures (August) drop by as much as 1.37 percent or Rs 1,952, reaching an intraday low of Rs 1,40,450 per 10 grams at around 11:50 am. At the last count, the yellow metal was trading at Rs 1,41,124, down over Rs 1,278, or approximately 1 percent. The metal had previously touched an intraday high of Rs 1,41,501, down Rs 900 or 0.63 percent.

Meanwhile, silver futures (September) also declined, falling over 1 percent or Rs 2,387 to an intraday low of Rs 2,20,247 per kg. The white metal was trading at Rs 2,21,715 per kg, down over Rs 900, or 0.41 percent, after touching an intraday high of Rs 2,22,293, a decline of Rs 341, or 0.15 percent.

Current Gold Rates in Major Indian Cities

As of today, the gold rates in New Delhi are Rs 14,220 (24K), Rs 13,036 (22K), and Rs 10,669 (18K) per gram. In Mumbai, the rates are Rs 14,205 (24K), Rs 13,021 (22K), and Rs 10,654 (18K) per gram. Chennai's gold rates stand at Rs 14,399 (24K), Rs 13,199 (22K), and Rs 11,049 (18K) per gram. Kolkata's rates are Rs 14,205 (24K), Rs 13,021 (22K), and Rs 10,654 (18K) per gram.

The gold rates in Bangalore, Hyderabad, and Kerala are all Rs 14,205 (24K), Rs 13,021 (22K), and Rs 10,654 (18K) per gram. Additional cities like Pune, Vadodara, Ahmedabad, Jaipur, Lucknow, Coimbatore, Madurai, Vijayawada, Patna, Nagpur, Chandigarh, Surat, and Bhubaneswar also show similar rates.

Gold Rates for Different Weights

Here are the latest gold rates for different weights:

• 1 Gram:
• 24K Gold: Rs 14,205 (+1)
• 22K Gold: Rs 13,021 (+1)

• 18K Gold: Rs 10,654 (+1)

• 8 Grams:

• 24K Gold: Rs 1,13,640 (+8)
• 22K Gold: Rs 1,04,168 (+8)

• 18K Gold: Rs 85,232 (+8)

• 10 Grams:

• 24K Gold: Rs 1,42,050 (+10)
• 22K Gold: Rs 1,30,210 (+10)

• 18K Gold: Rs 1,06,540 (+10)

• 100 Grams:

• 24K Gold: Rs 14,20,500 (+100)
• 22K Gold: Rs 13,02,100 (+100)
• 18K Gold: Rs 10,65,400 (+100)

Silver Rates in India

Alongside gold, silver prices are also fluctuating based on global market conditions. Currently, the price of silver in India is Rs 234.90 per gram and Rs 2,34,900 per kilogram. Although silver is typically more affordable than gold, it remains a popular choice for investors and jewelry buyers.

Silver Rates in Major Indian Cities

Here are the current silver rates in various cities:

• Chennai:
• 10 Gram: Rs 2,449
• 100 Gram: Rs 24,490

• 1 Kg: Rs 2,44,900

• Mumbai:

• 10 Gram: Rs 2,349
• 100 Gram: Rs 23,490

• 1 Kg: Rs 2,34,900

• Delhi:

• 10 Gram: Rs 2,349
• 100 Gram: Rs 23,490

• 1 Kg: Rs 2,34,900

• Kolkata:

• 10 Gram: Rs 2,349
• 100 Gram: Rs 23,490

• 1 Kg: Rs 2,34,900

• Bangalore:

• 10 Gram: Rs 2,349
• 100 Gram: Rs 23,490

• 1 Kg: Rs 2,34,900

• Hyderabad:

• 10 Gram: Rs 2,449
• 100 Gram: Rs 24,490

• 1 Kg: Rs 2,44,900

• Kerala:

• 10 Gram: Rs 2,449
• 100 Gram: Rs 24,490

• 1 Kg: Rs 2,44,900

• Pune:

• 10 Gram: Rs 2,349
• 100 Gram: Rs 23,490

• 1 Kg: Rs 2,34,900

• Vadodara:

• 10 Gram: Rs 2,349
• 100 Gram: Rs 23,490

• 1 Kg: Rs 2,34,900

• Ahmedabad:

• 10 Gram: Rs 2,349
• 100 Gram: Rs 23,490
• 1 Kg: Rs 2,34,900