Gold Rates Today (1-05-2026) Crash: Know 24K, 22K, 18K Gold Prices At IBJA, Joyalukkas, Tanishq, Malabar, More

Gold rates in India started the month of May on the downside as 24 carat gold fell up to Rs 3,800 on May 1st, during the celebration of Maharashtra Day, Buddha Purnima and May Day. On Friday, 10 grams of gold price are struggling around Rs 152,350 in 24 carat. In the majority of cities, the price of 1 gram gold ranged from Rs 11,400 to Rs 15,250 across 24 carat, 22 carat and 18 carat. However, some jewelers are selling 1 gram of gold below Rs 11,000 in 18 carat. Gold prices in India are down due to selling pressure in the international market.

Spot gold fell below $4,600 mark as crude oil prices climbed by over 1% and neared 112 mark. Dollar index, however, traded cautiously above 98.

A softer greenback typically lends support to gold, which is priced in US dollars. Despite this, bullion remains on track for a second weekly decline amid dimming prospects for a US-Iran peace deal and expectations that the Strait of Hormuz would not reopen anytime soon. Trump said that the US would maintain its naval blockade of Iranian ports, while Tehran pledged not to abandon its nuclear program and signaled it would retain control of the strait, as per Trading Economics.

Check Gold Rates Today:

Tanishq Gold Rates Today

On May 1st, 22 carat, 24 carat, and 18 carat gold prices surged. The 22 carat gold is at Rs 14,005 per 1 gram on May 1st. Meanwhile, 22 carat gold price in 8 grams stood at Rs 112,040, at Rs 140,050 in 10 grams and at Rs 1,400,500 in 100 grams on May 1st.

Furthermore, 24 carat gold price stood at Rs 15,278 per 1 gram and at Rs 1,52,780 per 10 grams. Additionally, 18 carat gold rate is at Rs 11,459 per 1 gram and at Rs 1,14,590 per 10 grams.

IBJA Gold Rates Today

At IBJA, the 999 purity gold rate is at Rs 15,026 per 1 gram, while the 995 purity gold is priced at Rs 14,966 per 1 gram. The price of 916 purity gold in 1 gram is at Rs 13,764. Also, the 750 purity and 585 purity gold is available at Rs 11,270 and Rs 8,790.

IBJA Silver Rates Today

The 999 purity silver rates ranged from Rs 2,36,882 per 1 Kg to Rs 2,44,103 per 1Kg as of May 1, 2026.

Malabar Gold Rates Today:

Here, 22 carat gold price stood at Rs 13,965 per 1 gram and 24 carat gold price is at Rs 15,235 per 1 gram.

Kalyan Jewellers Gold Rates Today

The price of 1 gram gold in 22 carat is at Rs 13,940 at Kalyan Jewellers stores.

Joyalukkas Gold Rates Today

On May 1st, at Joyalukkas, the price of 1 gram gold in 22 carat stood at Rs 13,965 and the price of 10 grams gold is at Rs 1,39,650 across states like Andhra Pradesh, Delhi, Gujarat, Karnataka, Kerala, Maharashtra, Odisha, Punjab, Tamil Nadu, Telangana, Uttar Pradesh, and West Bengal.

GRT Gold Rates Today

The price of 24 carat gold stood at Rs 15,246 per 1 gram, while the price was at Rs 13,965 in 22 carat and at Rs 11,434 in 18 carat. Meanwhile, gold price is at Rs 8,894 in 14 carat. Furthermore, 1 gram silver and platinum is priced at Rs 265 and Rs 7,105 respectively.

BHIMA Gold Rates Today

At BHIMA, 22 carat gold is available at Rs 13,499 per 1 gram, while the 24 carat and 18 carat gold price is at Rs 15,210 and Rs 10,699 in 1 gram. The silver price stood at Rs 229 per 1 gram.

Abharan Gold Rates Today

Here, 24 carat, 22 carat and 18 carat gold is available at Rs 15,234, Rs 13,965 and at Rs 11,426 in 1 gram. Further, the 14 carat gold is priced at Rs 8,886 per 1 gram.

Lastly, the 1 gram silver is available at Rs 247.3 at Abharan.

Jos Alukkas Gold Rates Today

On May 1, the gold rate is at RS 15,278 in 24 carat, at Rs 14,000 in 22 carat and at Rs 11,565 in 18 carat under 1 gram.

What Is Impacting Gold Rates In India Today?

According to Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities, higher oil prices are reinforcing expectations that the US Fed may maintain a tighter stance, which supports the dollar and limits upside in gold. COMEX gold is hovering near $4600-$4620, facing resistance at higher levels, indicating a lack of strong buying momentum.

Furthermore, as per a Kotak Neo report, fundamentally, central bank gold purchases accelerated to the strongest pace in over a year in Q1, reinforcing structural demand for reserve diversification. Ongoing disruptions in the Strait of Hormuz and elevated energy prices continue to embed a geopolitical risk premium and sustain inflation hedging demand. However, rising U.S. Treasury yields and a steady policy stance from the Federal Reserve have capped upside, as markets price in prolonged restrictive rates.

Gold Rates Outlook:

Near term, focus shifts to U.S. GDP and PCE data, alongside policy signals from the Bank of England and European Central Bank. Structurally supportive flows remain intact, but elevated yields and policy uncertainty will continue to limit upside momentum, as per Kotak Neo.

Going ahead, Trivedi added, market participants are now closely watching the US Fed policy decision and commentary, which will be crucial in shaping the outlook for interest rates amid ongoing US-Iran uncertainty. In the near term, gold is expected to remain volatile and range-bound, with support near Rs 148000 and resistance around Rs 152000.

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