Gold Silver Rates Today (02/07/2026) LIVE: MCX Gold Falls Below Rs 1.44 Lakh, Silver Erases Rs 2.32 Lakh Mark

Gold rates and silver rates in India traded volatile on July 2nd, despite positive sentiment in the global bullion market. The MCX gold price traded mildly lower but above Rs 1.44 lakh per 10 grams, while MCX silver gained nearly 0.6% to trade near Rs 2.32 lakh per 1Kg.

On the contrary, Spot gold price climbed by 1% to trade above $4,065 per ounce and spot silver soared by nearly 2% to reclaim over $60 per ounce. On the other hand, crude oil prices dropped by 1% to 2% with US WTI Crude trading below $68 per barrel and Brent Crude under $71 per barrel.

On the global front, this latest recovery comes at a time when spot gold neared an 8-month low and spot silver moved towards a 7-month low as the dollar strengthened to above $101.4. Dollar continues to be firm.

But the recovery can be attributed to easing inflation predictions from US Federal Reserve.

As per Trading Economics, Federal Reserve 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.

LIVE Feed

Jul 02, 2026, 11:23 am IST

Live Gold Rates Today: Gold Prices Today

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.

Jul 02, 2026, 11:23 am IST

Live Gold Rates Today: Chennai Gold Rates Latest

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.

Jul 02, 2026, 11:22 am IST

Live Gold Rates Today: Gold Prices 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.

Jul 02, 2026, 11:22 am IST

Live Gold Rates Today: What Is The Rate Of Gold In Mumbai Today?

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.

Jul 02, 2026, 11:22 am IST

Live Gold Rates Today: Check Gold Prices In Delhi On July 2

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.

Jul 02, 2026, 11:20 am IST

Live Gold Rates Today: 18 Carat Gold Prices Today Rally By Rs 28,200 In India

Gram	18K Gold Price
1 Gram	₹10,841 (+282)
8 Grams	₹86,728 (+2,256)
10 Grams	₹1,08,410 (+2,820)
100 Grams	₹10,84,100 (+28,200)

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

Jul 02, 2026, 11:20 am IST

Live Gold Rates Today: 22 Carat Gold Prices Climb Up To Rs 34,500 In India

Gram	22K Gold Price
1 Gram	₹13,250 (+345)
8 Grams	₹1,06,000 (+2,760)
10 Grams	₹1,32,500 (+3,450)
100 Grams	₹13,25,000 (+34,500)

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.

Jul 02, 2026, 11:20 am IST

Live Gold Rates Today: 24 Carat Gold Prices In India Jump Up To Rs 37,700

Gram	24K Gold Price
1 Gram	₹14,455 (+377)
8 Grams	₹1,15,640 (+3,016)
10 Grams	₹1,44,550 (+3,770)
100 Grams	₹14,45,500 (+37,700)

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.

Jul 02, 2026, 10:56 am IST

Live Gold Silver Rates Today: MCX Gold & Silver Erase Gains

MCX gold price retreated from gains to fall below Rs 1.44 lakh mark, and while silver erased its early gains and pulled away from Rs 2.32 lakh mark. At the time of writing, MCX gold traded at Rs 1,43,912 per 10 grams, down by Rs 518 or 0.4%. Moreover, MCX silver traded at Rs 2,30,782 per 1Kg, up by Rs 398 or 0.2%.

Jul 02, 2026, 9:34 am IST

Live Gold Silver Rates Today: What Is Impacting Precious Metals Today?

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. Technically, the near-term trading range is seen between ₹1,40,000 and ₹1,42,500: Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities.

Jul 02, 2026, 9:33 am IST

Live Silver Rates Today: MCX Silver Price Climbs

MCX silver outperformed gold in the early hours of July 2nd. At the time of writing, MCX silver futures of September 4, 2026, traded at Rs 2,32,001 per 1Kg, which is higher by Rs 1,617 or 0.7% and near day's high.

Jul 02, 2026, 9:33 am IST

Live Gold Rates Today: MCX Gold Price Above Rs 1.44 Lakh

MCX gold price traded sideways but above Rs 1.44 lakh mark. The gold futures scheduled for August 5th expiry, is trading at Rs 1,44,443 per 10 grams, up by Rs 13. Bullion is near its day's high.