Gold Rates Today (02/07/2026) Jumps Sharply: 24K, 22K, 18K Gold At IBJA, Tanishq, Joyalukkas, Malabar, Kalyan

Gold rates witnessed a strong surge across India on July 2, 2026. The 24 carat gold price climbed above Rs 144,500 per 10 grams, while the 22 carat and 18 carat gold prices rose to Rs 132,500 and Rs 108,410 per 10 grams across the majority of cities. Accordingly, significant revision was seen at top jewelers in India, with 10 grams and 1-gram gold prices at Rs 13,225 and Rs 132,250 in 22 carat at Tanishq. The 999 purity gold rate at IBJA also advanced to above the Rs 1.44 lakh mark.

Tanishq Gold Rates Today

22 carat gold price surged to Rs 13,225 per 1 gram at Tanishq on Thursday, while the 8 grams and 10 grams gold in the same carat stood at Rs 105,800 and Rs 132,250 respectively. Furthermore, the 100 grams gold is priced at Rs 1,322,500.

In case of 24 carat, 1 gram and 10 grams gold are at Rs 14,427 and Rs 1,44,270 respectively. The price of 18 carat gold stood at Rs 10,820 per 1 gram and at Rs 1,08,200 per 10 grams.

IBJA Gold Rates Today

At IBJA, the 999 purity gold price stood at Rs 14,163 per 1 gram, while the 995 purity and 916 purity gold prices were at Rs 14,107 and Rs 12,974 respectively. Additionally, the 750 purity gold stood at Rs 10,622 and the 585 purity gold rate is at Rs 8,286.

Joyalukkas Gold Rates Today

On July 2nd, 22 carat gold rate is at Rs 13,250 in 1 gram and at Rs 1,32,500 in 10 grams at Joyalukkas stores. The rates are applicable for states like Andhra Pradesh, Delhi, Gujarat, Karnataka, Kerala, Maharashtra, Odisha, Punjab, Tamil Nadu, Telangana, Uttar Pradesh and West Bengal.

Malabar Gold Rates Today

The rate of 1 gram gold is at Rs 13,180 in 22 carat and at Rs 14,378 in 24 carat at Malabar. Meanwhile, the 10 grams gold is priced at Rs 1,31,800 in 22 carat and at Rs 1,43,780 in 24 carat.

Kalyan Jewellers Gold Rates Today

Notably, 22 carat gold price in Kalyan is cheaper than peers. 1 gram is available at Rs 12,905 and 10 grams is at Rs 1,29,050.

What Is Impacting Gold Rates Today?

The upside in precious metals is attributed to softer-than-expected US jobs data, continued decline in crude oil prices and easing hawkish trajectory of the US Federal Reserve.

Fed's chair Kevin Warsh said inflation expectations had eased over the past month, suggesting there was no urgency to raise interest rates. However, he reiterated the central bank's commitment to restoring price stability. Data released on Wednesday also showed private-sector hiring in the US slowed more than expected last month, while investors now await the nonfarm payrolls report later today for fresh insights into labor market conditions and the Fed's policy outlook. Markets continue to price in more than a 60% chance of a Fed rate hike in September. Gold also drew support from rising oil shipments through the Strait of Hormuz and signs of progress in indirect US-Iran talks, which pushed oil prices lower and eased inflation concerns, as per Trading Economics.

As per Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities, market sentiment remains cautious as traders await key US economic data, including ADP Employment Change, Non-Farm Payrolls, and the Unemployment Rate, which will provide further clarity on the Federal Reserve's interest rate outlook. Gold is expected to continue taking cues from rupee-dollar movements, US economic data, and overall global risk sentiment.

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