Gold prices fell marginally today (Wednesday, July 1, 2026) across leading jewellery brands in different cities. If you are planning to buy gold jewellery, it is worth comparing prices offered by jewellers such as Tanishq, Malabar Gold & Diamonds, Joyalukkas and Kalyan Jewellers, along with gold and silver rates by the India Bullion and Jewellers Association (IBJA).. Here's a look at the latest prices of 24K, 22K, 20K and 18K gold, as well as the latest silver rate.
Gold outlook
Prithviraj Kothari, managing director at RiddiSiddhi Bullions Ltd., President of IBJA says, "Gold and Silver hover near seven-month lows, pressured by rising Treasury yields and fading hopes for a lasting U.S.-Iran peace deal. Gold logged its steepest quarterly decline since Q2 2013, echoing that period's Gulf-conflict-driven inflation fears. In Doha, U.S. envoys are unlikely to meet Iranian officials, as Iran declined talks following renewed hostilities, pushing oil prices higher and clouding diplomatic prospects. Meanwhile, markets now price a roughly 67% chance of a September rate hike per the CME FedWatch Tool. Traders await June ADP data and Thursday's nonfarm payrolls for clearer signals on the Fed's rate path and bullion's near-term direction. Technically, gold's breakdown below $4,000 targets $3,600, while silver's break of $60 opens $50, though oversold conditions favor short-term relief rallies."
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22k, 24k gold rate at Tanishq today
As of July 1, 2026, Tanishq's price for 22k gold jewellery is Rs 12,950 per gram across New Delhi, Mumbai, Chennai, Kolkata, Thiruvananthapuram, Coimbatore and Bengaluru. On June 30, 2026, the same variety of gold was priced at Rs 13,065 per gram.
The current price of 24-carat gold at the same brand is Rs 14,127 per gram.
22k, 24 gold price at Malabar Gold & Diamonds
The current price for 22k gold jewellery at Malabar Gold & Diamonds is Rs 12,905 per gram in New Delhi, Mumbai, Chennai, Kolkata, Thiruvananthapuram, Coimbatore and Bengaluru. On June 30, 2026, 22k gold at the same brand was priced at Rs 12,845 per gram.
The current price of 24-carat gold at Malabar Gold & Diamonds is Rs 14,078 per gram.
22k gold rate at Kalyan Jewellers
The current price for 22k gold jewellery at Kalyan Jewellers is Rs 12,905 per gram in New Delhi, Mumbai, Chennai, Kolkata, Thiruvananthapuram, Coimbatore and Bengaluru. On June 30, 2026, 22k gold at Kalyan Jewellers was priced at Rs 13,020 per gram.
22k gold price at Joyallukas
The current price for 22k gold jewellery at Joyallukas is Rs 12,905 per gram in New Delhi, Mumbai, Chennai, Kolkata, Thiruvananthapuram, Coimbatore and Bengaluru. On June 30, 2026, 22k gold at Joyalukkas was priced at Rs 12,845 per gram.
Note: All rates are updated as per jewellery brands' respective websites as of 2:20 pm on July 1, 2026. The rates may change during the day and can vary depending on a state, tax structure and other applicable charges.
IBJA’s indicative retail selling rates for gold and silver jewellery (July 1, 2026, am rates)
Fine Gold (999) Rs 13,943 per gram
22 KT Gold Rs 13,609 per gram
20 KT Gold Rs 12,410 per gram
18 KT Gold Rs 11,294 per gram
14 KT Gold Rs 8,993 per gram
Silver (999) Rs 2,21,355 per kg
IBJA indicative retail selling rates for gold and silver jewellery (30 June 2026 – pm) are:
Fine Gold (999) Rs 14,129 per gram
22 KT Gold Rs 13,790 per gram
20 KT Gold Rs 12,574 per gram
18 KT Gold Rs 11,444 per gram
14 KT Gold Rs 9,113 per gram
Silver (999) Rs 2,25,425 per kg
