Biggest Hike In Gold Rates Of India Today In 10 Days; Gold Rises Rs 38,000 On July 2; Know 24K, 22K, 18K Gold

Gold rates in India soared sharply on July 2, 2026, marking their best single-day performance after more than a 9% crash in June. On Thursday, appetite for yellow metal soared due to a broad-buying trend across the bullion market. Spot gold surged by 1% after the US Federal Reserve calmed the market by saying inflationary pressures have eased in the past month. This comes as positive for precious metals, as it reduces the chances of a rate hike in 2026. Meanwhile, MCX gold traded volatiely.

As per Aamir Makda, Commodity & Currency Analyst at Choice Broking, on Thursday, focus will be on the U.S. payrolls report for fresh cues on the Federal Reserve's trajectory.

He said the gold price has recovered significantly in the previous session and continued to sustain the over-200-DEMA level placed at 140,835 which will be crucial support. On the upside, key resistances would be at 146,150 and 149,100.

Gold Rates In India Today:

In India, 24 carat gold price skyrocketed by Rs 37,700 in 100 grams to Rs 14,45,500 and surged by Rs 3,770 to Rs 1,44,550 in 10 grams. Under the same carat, 8 grams gold price soared by Rs 3,016 on Thursday to Rs 1,15,640 and 1 gram gold is up by Rs 377 to Rs 14,455.

Following the upside trend, 22 carat gold prices also climbed significantly. 10 grams gold price in 22 carat is up by Rs 3,450 to Rs 1,32,500 and 100 grams gold zoomed by Rs 34,500 to Rs 13.25 lakh. Here, 8 grams gold is priced at Rs 1.06 lakh which is higher by Rs 2,760 from the previous day. The 1 gram gold price in 22 carat is up by Rs 345 to Rs 13,250.

Furthermore, 18 carat gold price gained by Rs 28,200 to Rs 10,84,100 per 100 grams, advanced by Rs 2,820 to Rs 1,08,410 per 10 grams, jumped by Rs 2,256 to Rs 86,728 per 8 grams and was up by Rs 282 to Rs 10,841 per 1 gram

July 2nd surge in gold prices marks the biggest single-day hike in past 10 days.

Gold Rates In India Performance In Past 10 Days:

Date	24K Gold (₹/gram)	22K Gold (₹/gram)
Jul 02, 2026	₹14,455 (+377)	₹13,250 (+345)
Jul 01, 2026	₹14,078 (-126)	₹12,905 (-115)
Jun 30, 2026	₹14,204 (+11)	₹13,020 (+10)
Jun 29, 2026	₹14,193 (-202)	₹13,010 (-185)
Jun 28, 2026	₹14,395 (0)	₹13,195 (0)
Jun 27, 2026	₹14,395 (+120)	₹13,195 (+110)
Jun 26, 2026	₹14,275 (+142)	₹13,085 (+130)
Jun 25, 2026	₹14,133 (-158)	₹12,955 (-145)
Jun 24, 2026	₹14,291 (-169)	₹13,100 (-155)
Jun 23, 2026	₹14,460 (-338)	₹13,255 (-310)

Gold Rates In Bengaluru:

In the silicon valley hub, gold prices zoomed by Rs 377 to Rs 37,700, making it biggest single-day upside after a month. That said, 10 grams gold are available for Rs 1,44,550 in 24 carat, at Rs 1,32,500 in 22 carat and at Rs 1,08,410 in 18 carat.

Gold Rates In Chennai:

Chennai gold rates surged by Rs 163 in 1 gram to as high as Rs 16,300 in 100 grams. The price of 10 grams of gold stood at Rs 1,46,180 in 24 carat, at Rs 1,34,000 in 22 carat, and at Rs 1,11,600 in 18 carat.

Gold Rates In Hyderabad:

In Hyderabad, gold prices soared by Rs 377 in 1 gram to Rs 37,700 in 100 grams. The 999 purity gold in 10 grams stood at Rs 1,44,550 in 24 carat, at Rs 1,32,500 in 22 carat and at Rs 1,08,410 in 18 carat.

Gold Rates In Mumbai:

Coming to Mumbai, gold rates here as well skyrocketed by Rs 377 to RS 37,700. Accordingly, 10 grams gold is at Rs 1,44,550 in 24 carat, at Rs 1,32,500 in 22 carat and at Rs 1,08,410 in 18 carat.

Gold Rates In Delhi:

Gold rates in Delhi rise by Rs 37,700 to Rs 377 across 1 gram to 100 grams. 24 carat gold price stood at Rs 144,700 per 10 grams, while 22 carat and 18 carat gold rates were at Rs 1,32,650 and Rs 1,08,560 respectively.

Check 1 Gram Gold Price In 24 Carat, 22 Carat, 18 Carat City-Wise:

City	24K Gold (₹/gram)	22K Gold (₹/gram)	18K Gold (₹/gram)
Chennai	₹14,618	₹13,400	₹11,160
Mumbai	₹14,455	₹13,250	₹10,841
Delhi	₹14,470	₹13,265	₹10,856
Kolkata	₹14,455	₹13,250	₹10,841
Bangalore	₹14,455	₹13,250	₹10,841
Hyderabad	₹14,455	₹13,250	₹10,841
Kerala	₹14,455	₹13,250	₹10,841
Pune	₹14,455	₹13,250	₹10,841
Vadodara	₹14,460	₹13,255	₹10,846
Ahmedabad	₹14,460	₹13,255	₹10,846
Jaipur	₹14,470	₹13,265	₹10,856
Lucknow	₹14,470	₹13,265	₹10,856
Coimbatore	₹14,618	₹13,400	₹11,160
Madurai	₹14,618	₹13,400	₹11,160
Vijayawada	₹14,455	₹13,250	₹10,841
Patna	₹14,460	₹13,255	₹10,846
Nagpur	₹14,455	₹13,250	₹10,841
Chandigarh	₹14,470	₹13,265	₹10,856
Surat	₹14,460	₹13,255	₹10,846
Bhubaneswar	₹14,455	₹13,250	₹10,841

MCX Gold Price + MCX Silver Price

MCX gold dropped by Rs 380 or 0.26% to Rs 1,44,050 per 10 grams, at the time of writing. In the early hours, MCX gold showed sideways to volatile sentiment. It touched an intraday high of Rs 1,44,448 per 10 grams.

Meanwhile, MCX silver pulled away from early gains to trade around Rs 2,31,068 per 1Kg, which is up by Rs 684 or 0.3%. In the opening bell, MCX silver has soared by Rs 1,600 to trade near Rs 2,32,330 per 1Kg.

Spot Gold Price + Spot Silver Price

Spot gold surged nearly 1% to trade around $4,065 per ounce after hitting a near 8-month low. While spot silver outperformed with nearly 2% gains to trade above $60 per ounce after touching a 7-month low.

The latest relief in precious metals is after US Federal Reserve Chair Kevin Warsh stated that inflationary pressures have eased over the past month, signaling no urgency in rate hikes later in 2026. However, he also emphasized the FOMC's commitment to ensuring price stability in the economy.

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.