Gold Rate Today, June 29: Fresh Drop In Prices at Tanishq, Malabar, Joyalukkas & Kalyan; Check 22K & 24K Rates

Gold prices on Monday fell sharply after rebound seen by the end of last week. The 24k gold rate today in the retail market fell by around Rs. 930 per 10 grams to cost Rs. 1,43,020 similarly the 22k gold rate slipped by Rs. 830 to 1,31,000 per 10 grams. Silver prices on the other hand has been stable for the past few days at Rs. 2,40,000 per Kg.

The leading jewellery retailers in India including Tanishq, Malabar Gold & Diamonds, Joyalukkas, and Kalyan Jewellers are quoting this drop in prices today.

The domestic gold prices are currently being influenced by the global bullion market trends where the yellow metal slipped ad=ftre fresh us iran strikes which led to higher oil prices.

Gold Rate Today in India

The 22-carat gold rate today stands at Rs 13,100 per gram, while 8 grams of 22K gold costs Rs 1,04,840, 10 grams is priced at Rs 1,31,100, and 100 grams is available at Rs 13,11,000. The 24-carat gold rate today is Rs 14,302 per gram, whereas the 18-carat gold price today stands at Rs 10,702 per gram.

Malabar Gold Rate Today

At Malabar Gold & Diamonds gold price for 22K is at Rs 13,195 per gram, while the 24K gold rate stands at Rs 14,395 per gram.

Joyalukkas Gold Rate Today

At the Joyalukkas stores, the gold rate on June 29 for the 24K gold is at Rs 14,395 per gram, while the 22K gold rate is at Rs 13,195 per gram, and 18K gold price is at Rs 10,796 per gram.

Kalyan Jewellers Gold Rate Today

Kalyan Jewellers has retained its gold rates for the day, with 22-carat gold available at Rs 13,195 per gram for its stores across Bangalore, Chennai, Kolkata, Mumbai etc.

Tanishq Gold Rate Today

Tata group's jewelry brand, Tanishq mirrored the gold rate of the retail market. The 22-carat gold rate at Tanishq is Rs 13,240 per gram, while 10 grams is priced at Rs 1,32,400. The 24-carat gold rate stands at Rs 14,444 per gram, while the 18-carat gold rate is Rs 10,833 per gram.

Gold Price Outlook

The next big movement in the gold prices could come from the Fed's stance on rate cuts, which investors are closely monitoring. The upcoming US economic data, and the rising US dollar, Treasury yields, are other factors impacting domestic gold prices

With gold prices now declining it could be a suitable time for long-term investors looking to accumulate the precious metal gradually. However, buyers should also compare rates across jewellers, check hallmark certification, and factor in making charges before finalising their purchase.