Gold, Silver Rates Today: Gold bounces back, silver remains slow on MCX | Check city-wise rates on July 1
Gold, Silver Prices Today: In the international market, the COMEX gold price increased by 0.94 per cent today to trade at around USD 3,338.90 per troy ounce. The spot gold price at 11:50 am was around USD 3,327.96 per ounce.
Gold regained momentum in futures trades on Tuesday, July 1, 2025, amid the dollar index reaching its 52-week low and growing uncertainty over US President Donald Trump's tariff policies as the July 9 deadline approaches. The gold August 5 contract on the Multi Commodity Exchange (MCX) opened with a minor gain of just Rs 396 at Rs 96,471 per 10 grams from the previous close of Rs 96,075. Last seen, it was trading at Rs 96,901 with a gain of Rs 826 or 0.86 per cent. In between, it fell to a low of Rs 96,471 and a high of Rs 96,978.
Silver Price On MCX
However, the silver futures, maturing on July 4, 2025, started the session in the red. The contract opened at Rs 1,05,437 per kg on the MCX, a fall of Rs 102 from the previous close of Rs 1,06,270. However, it rebounded and touched the high of Rs 1,06,084. Last seen, it was trading at Rs 1,05,796 - a gain of Rs 347 or 0.33 per cent from the previous close.
Gold Price in the International Market
In the international market, the COMEX gold price increased by 0.94 per cent today to trade at around USD 3,338.90 per troy ounce. The spot gold price at 11:50 am was around USD 3,327.96 per ounce.
"The dollar index declined following weak US GDP data and a stronger Euro, as concerns over US tariffs and inflation continue to weigh. Silver traded flat after disappointing Chinese industrial data but held above key support levels. Gold has support at USD 3285-3265 while resistance at USD 3335-3355," said Rahul Kalantri, VP Commodities, Mehta Equities Ltd.
Check Gold, Silver Prices In Major Cities
Gold price in Delhi
In Delhi, the 24-carat gold price was quoted at Rs 98,855 per 10 grams. For 22-carat gold, the consumer would have to spend Rs 90,350 per 10 grams.
Gold price in Mumbai
In Mumbai, 24-carat gold was available at Rs 98,400 per 10 grams, while 22-carat gold stood at Rs 90,200 per 10 grams.
Gold price in Kolkata
The 24-carat gold price in Kolkata today was Rs 98,400 per 10 grams, while for 22-carat gold, the rate was Rs 90,020 per 10 grams.
Gold price in Chennai
In Chennai, the 24-carat gold was available for Rs 98,400 per 10 grams. For 22-carat gold, the rate was Rs 90,200 per 10 grams.
Silver prices in Delhi
The price of silver per kg in the national capital was Rs 1,10,000.
Silver price in Mumbai
In Mumbai, the consumer would have to pay Rs 1,10,000 per kg today to buy the precious metal.
Silver price in Kolkata
In Kolkata, the price of 1 kg silver stood at Rs 1,10,000.
Silver price in Chennai
In Chennai, the price of precious metal stood at Rs 1,20,000 per kg.