&w=1200&q=75)
Current Gold Prices in Major Indian Cities as of June 1, 2026
Gold Rate Today (June 1, 2026): Check 24K, 22K, 18K Prices In Delhi, Mumbai, Kolkata, Chennai, Lucknow And Other Major Cities
Image: Times Now News
On June 1, 2026, gold prices in India show volatility, opening at ₹1.55 lakh per 10 grams after a decline of ₹953. Prices are influenced by geopolitical factors, a stronger dollar, and rising crude oil costs. Major cities report varying rates for 24K, 22K, and 18K gold.
- 01Gold prices dropped by ₹953, opening at ₹1.55 lakh per 10 grams on June 1, 2026.
- 02In Chennai, 24K gold is priced at ₹15,818 per gram, while in Delhi it is ₹15,637.
- 03Tim Waterer from KCM Trade predicts gold could reach $5,500 by the end of 2026 under favorable conditions.
- 04The decline in gold prices is attributed to a stronger dollar and rising crude oil prices.
- 05Prices for 24K gold vary across major cities, with Mumbai at ₹15,622 and Kolkata also at ₹15,622.
Advertisement
In-Article Ad
Gold prices in India experienced a decline on June 1, 2026, opening at ₹1.55 lakh per 10 grams after a drop of ₹953. This volatility is attributed to ongoing geopolitical uncertainties, a stronger dollar, and rising crude oil prices. Tim Waterer, chief market analyst at KCM Trade, noted that the current environment keeps gold prices unstable, although he suggests that by the end of 2026, gold could potentially reach $5,500 if conditions improve, particularly with lower oil prices and a depreciating dollar. In major Indian cities, 24K gold prices vary: Chennai reports ₹15,818, while Mumbai and Kolkata both list ₹15,622 per gram.
Advertisement
In-Article Ad
The fluctuation in gold prices may affect consumer purchasing decisions and investment strategies in India.
Advertisement
In-Article Ad
Reader Poll
What do you think will happen to gold prices in the next few months?
Connecting to poll...
Read the original article
Visit the source for the complete story.