Gold price today, July 1: Gold rates go up by Rs 1200, Check gold rate in Delhi, Patna, Lucknow, Kolkata, Kanpur, Kerala and other cities

New Delhi:  Gold prices went up by Rs 1,200 on Friday. The price of 22 carat of gold stood at Rs 47,850 per 10 grams as against its previous close of Rs 46,650. Meanwhile the price of 24 carat of gold was also trading higher by Rs 1,310. The price of 24 carat of gold stood at Rs 52,200 as against its previous close of Rs 50,890.

Gold prices edged lower on Friday, and were on track for a third straight weekly decline, as aggressive monetary policies from top central banks and an elevated US dollar kept investors away from greenback-priced bullion. Spot gold was down 0.2% at $1,804.26 per ounce, as of 0258 GMT, after hitting an over six-week low of $1,801.50 in the previous session. U.S. gold futures dipped 0.1% to$1,805.00. Gold prices, coming off their worst quarter since early 2021, have lost about 1.2% this week, said a Reuters report.

Here are the indicative price of 22 Carat Gold Today, 1 July 2022 (except GST, TCS, and other levies)

Chennai : Rs 47,850

Mumbai : Rs 47,850

Delhi : Rs 47,850

Kolkata : Rs 47,850

Bangalore : Rs 47,900

Hyderabad : Rs 47,850

Kerala : Rs 47,850

Ahmedabad : Rs 47,880

Jaipur : Rs 47,920

Lucknow : Rs 47,920

Patna : Rs 47,900

Chandigarh : Rs 47,920

Bhubaneswar : Rs 47,850

Gold in the national capital on Thursday fell by Rs 323 to Rs 50,572 per 10 grams. In the previous trade, the precious metal settled at Rs 50,895 per 10 grams. Silver also tumbled by Rs 776 to Rs 59,377 per kg from Rs 60,153 per kg in the previous trade.

(Disclaimer: The prices are just indicative collected from various sources. You must collate the price with your jeweller before investing/purchasing.)