Verify 18, 22 and 24 carat gold costs in Chennai, Mumbai, Delhi, Kolkata and different cities
3 min learnUp to date: Jul 1, 2026 10:17 AM IST
Gold Price At this time: The gold worth in India immediately stands at Rs ₹14,078 per gram for 24 carat gold, Rs ₹12,905 per gram for 22 carat gold and ₹10,559 per gram for 18 carat goldas per Good Returns.
The worth of 24K gold immediately, July 1, 2026, in India, stands at Rs 14,078 per gram, reflecting a lower of Rs 126 over that on June 30.
Equally, the value of 22K and 18K gold at the moment stands at Rs 12,905 per gram and Rs 10,559 per gram for 18 carat gold, marking a lower of Rs 115 and Rs 94, respectively, over the costs on June 30 .
After the federal government raised the fundamental customs obligation on gold and silver to 10 per cent from 5 per cent, the general costs dipped because the geopolitical tensions cooled. Gold costs are experiencing every day volatility, regardless that geopolitical tensions have eased.
US-Iran Conflict Information Dwell Updates: PM Modi speaks with Iran’s Pezeshkian on ‘freedom of navigation’ in Hormuz, bats for lasting peace
| Purity | Grams | At this time (INR) |
|---|---|---|
| 24 Carat | 10g | Rs 14,078 |
| 22 Carat | 10g | Rs 12,905 |
| 18 Carat | 10g | Rs 10,559 |
Tensions in West Asia
Qatari Prime Minister and Overseas Minister Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani held discussions in Doha with U.S. envoys Steve Witkoff and Jared Kushner. Though Iranian representatives are additionally current within the Qatari capital, no direct face-to-face negotiations between the 2 sides are at the moment scheduled.
Yesterday, Iranian Overseas Ministry spokesman Esmaeil Baghaei denied any scheduled talks with the U.S., stating the delegation is visiting Qatar completely to safe the discharge of frozen belongings.
As a result of a scarcity of progress on the June memorandum of understanding, Iran’s international minister and parliamentary speaker are hesitant to satisfy with the U.S. delegation in Doha, fearing the talks may grow to be a political legal responsibility at house.
Story continues under this advert
Geopolitical tensions in West Asia confirmed indicators of easing in June after Iran and the US reached an sudden interim peace settlement. Formalised on June 18, 2026, the memorandum of understanding extends the prevailing ceasefire by an extra 60 days, signalling a short lived de-escalation in regional hostilities.
Even with bettering diplomatic relations, uncertainty within the Center East continues to drive buyers towards gold, which stays a most well-liked safe-haven asset in periods of world volatility. On the home stage, gold costs proceed to fluctuate every day, influenced by worldwide market actions, import levies, and foreign money trade price adjustments.
Beforehand, fears surrounding the Gulf battle and potential disruptions to delivery by the Strait of Hormuz fuelled an increase in power prices, sending oil and valuable steel costs larger. Nevertheless, with the strategic maritime route now functioning usually, crude oil costs have began to melt, resulting in a gradual moderation in gold and silver charges.
