Gold, Silver Rates Today in India Steady as Iran Rejects Peace Deal With US; Latest 22K, 24K & 18K on 2 June

Gold prices in India remained largely unchanged on Tuesday, June 2, 2026, after witnessing a sharp correction in the previous session. The rate of 24 Karat (24K) gold stood steady at Rs 15,622 per gram, while 22 Karat (22K) gold was unchanged at Rs 14,320 per gram.

Gold, Silver Rates Today Steady on 2 June 2026 After Iran Rejects Peace Deal with US

The stability comes a day after bullion prices recorded a significant decline, with 100 grams of 24K gold falling by Rs 8,200 and 100 grams of 22K gold dropping by Rs 7,500 amid cautious global market sentiment.

Silver prices also extended their sideways trend, holding firm for the fourth consecutive day. The white metal was quoted at Rs 280 per gram and Rs 2,80,000 per kilogram across major Indian markets, reflecting a wait-and-watch approach among investors.

Globally, precious metals traded cautiously as geopolitical tensions resurfaced in the Middle East. Market sentiment turned guarded after Iran rejected reports of a second round of peace negotiations with the United States. The development follows the seizure of an Iranian-flagged cargo vessel in the Strait of Hormuz by US authorities, a move that has heightened uncertainty in global commodity and financial markets.

Gold Rate Today: Check Latest 22K, 24K & 18K Gold Prices on June 2, 2026

24 Karat Gold Rate Today in India

The price of 24 Karat gold in India stood at Rs 15,622 per gram on June 2, 2026. Based on the latest rates, 8 grams of 24K gold were valued at Rs 1,24,976, while 10 grams were priced at Rs 1,56,220. For larger purchases, 100 grams of 24K gold cost Rs 15,62,200, making it the preferred choice for investors seeking the highest purity level in gold.

22 Karat Gold Rate Today in India

22 Karat gold, which is widely used for jewellery purchases across India, was quoted at Rs 14,320 per gram. The price of 8 grams stood at Rs 1,14,560, while 10 grams were available at Rs 1,43,200. Meanwhile, 100 grams of 22K gold were priced at Rs 14,32,000 in the domestic market.

18 Karat Gold Rate Today in India

The rate of 18 Karat (18K) gold was recorded at Rs 11,717 per gram on Tuesday. Accordingly, 8 grams of 18K gold were valued at Rs 93,736, while 10 grams cost Rs 1,17,170. For bulk buyers, 100 grams of 18K gold were priced at Rs 11,71,700, reflecting its popularity among consumers seeking a balance between purity, durability and affordability.

Silver Rate Today, 2 June 2026: Check Latest Silver Prices Per Kg and Gram

Silver prices in India remained unchanged on Tuesday, June 2, 2026, extending their steady run for the fourth consecutive day as the white metal continued to trade in a narrow range amid mixed global cues.

The price of silver stood at Rs 280 per gram, unchanged from the previous session. Accordingly, 8 grams of silver were valued at Rs 2,240, while 10 grams were priced at Rs 2,800.

For larger quantities, 100 grams of silver cost Rs 28,000, whereas 1 kilogram (1,000 grams) was quoted at Rs 2,80,000.

Why Bullion Prices Are Falling? Check Technical Analysis

"Bullion slipped as much as 2% as bond yields and the dollar climbed. The Iranian negotiating team will suspend "talks and the exchange of documents through mediators" in response to Israel's expanded ground assault in Lebanon, Iran's semiofficial Tasnim news agency reported. Earlier, Iran accused Washington of sending conflicting signals and dragging out negotiations," stated Nirmal Bang report.

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