Gold Price In India, July 1: Check Latest Gold Prices, 24K/1 Gram Gold Falls 0.37%

Gold prices in India continued to remain steady since June 30, 2024 as data indicated US inflation lessened thus boosting prospects that Fed Reserve will begin slashing interest rates this year. 22k yellow metal prices today remained unchanged at Rs 66,250/10 grams and 100 grams of 22 carat yellow metal prices today stayed steady at Rs 6,62,500. 24k gold prices today did not undergo any changes and currently retailing at Rs 72,280/10 grams and 100 grams of 24 carat yellow metal prices today are quoting at Rs 7,22,800.

It is worth mentioning that 24k/1 gram gold prices on June 1 was quoting at Rs 7255/1 gram and today (July 1, 2024) the prices of 24k/1 gram declined to Rs 7228/1 gram, witnessing a decline of 0.37%.

18k gold prices today in India are retailing at Rs 54,210/10 grams and 100 grams of 18 carat precious metal prices stood at Rs 5,42,100.

Spot Gold, Spot Silver Prices Today: Spot gold remained slightly changed at $2,323.74 per ounce, as of 0022 GMT. Prices surged over 4% in the 2nd quarter. Spot silver declined 0.3% to $29.05 per ounce, platinum remained flat at $993.60 and palladium gained 0.2% to $974.50., according to Reuters.

According to Reuters, ""The latest U.S. inflation data remain fresh on investors' mind, with the data coming in line with consensus and generally did little to sway current market rate expectations for the Fed's easing process to kickstart in September," said IG market strategist Yeap Jun Rong.

"Uncertainties related to inflation, macroeconomic growth, U.S. election and geopolitics should continue to support the safe haven demand for gold," ANZ said in a quarterly note.

Silver Prices Today: Silver prices in India today jumped by Rs 200 to Rs 90,200/kg and 100 grams of silver prices today surged by Rs 20 to Rs 9020.

22k/10 Grams Gold Price Movement In Last 10-Days In India

Gold price today remained steady, stayed unchanged on June 30, gained by Rs 100 on June 29, jumped by Rs 400 on June 28, slipped by Rs 250 on June 27, fell by Rs 250 on June 26, stayed unchanged on June 25, dived by Rs 100 on June 24, stayed steady on June 23, slipped by Rs 800 on June 22, jumped by Rs 750 on June 21, soared by Rs 200 on June 20, stayed unchanged on June 19, and slipped by Rs 100 on June 18.

1kg Silver price India movement in last 10-days

Silver prices today jumped by Rs 200, stayed steady on June 30, remained unchanged on June 28, did not change on June 27 also, slipped by Rs 1000 on June 26, fell by Rs 700 on June 25, slipped by Rs 300 on June 24, remained unchanged on June 23, dived by Rs 2000 on June 22, soared by Rs 1500 on June 21, surged by Rs 1500 on June 20, dived by Rs 500 on June 19, and surged by Rs 500 on June 18.

1 Gram of 22k Gold prices In 5 Major Metropolitan Cities Of India On July 01, 2024:

Gold Price Chennai: Price of 1 gram of 22 carat of gold price Chennai today is Rs 6,685

Yellow Metal Price Mumbai: Price of 1 gram of 22 carat gold in Mumbai on July 01 is Rs 6,625

Precious Metal Price Delhi: Price of 1 gram of 22 carat yellow metal in Delhi on July 01 is Rs 6,640

Gold Price Kolkata: Price of 1 gram of 22 carat of yellow metal in Kolkata on July 01, 2024 is Rs 6,625

Gold Price Kerala: Cost of 1 gram of 22K gold in Kerala on July 01 is Rs 6,625