Gold-Silver Price Today: Big fall in gold prices on the first day of the new month, know the latest price.

Gold-Silver Price Today: The new month has started with a good news for gold buyers on the Indian bullion market and Multi Commodity Exchange (MCX). Due to the strength of the US dollar in the global markets and the pressure of rising crude oil prices, a decline in the price of gold has been recorded on the first day of the week. However, on the other hand, a slight increase in the shine of silver is being seen.

If you are thinking of buying gold jewelery or investing in it today, then let us know in simple and straightforward words without any confusion, at what price gold and silver are being sold in your city today on June 1, 2026.

Gold-Silver Price Today: Fall in Gold Prices: What is today’s rate?

Gold prices were seen falling by around ₹1,069 per 10 grams in June futures trade on MCX today. After this fall, the average gold prices in India today are as follows:

22 carat jewelery gold (91.6% purity): Generally people make their jewelery from this gold. Today the price of 22 carat gold is ₹ 1,44,950 per 10 grams.

Note: The above prices do not include making charges and 3% GST. When you buy physical gold from your nearest jeweler, the final price will be slightly different.

Gold-Silver Price Today

Gold-Silver Price Today: Why did gold prices fall today?

Market experts say that there are mainly three big international reasons behind the fall in gold prices today:

  1. Strengthening dollar: The US dollar index has strengthened in the international market. When the dollar strengthens, pressure on gold increases globally.
  2. Crude oil surge: Crude oil prices in the international market remain above $100 per barrel, which has increased inflation concerns globally.
  3. Geopolitical Tension: The eyes of big investors are focused on the ongoing talks between America and Iran regarding ceasefire extension and the changing situation in the Middle East, due to which there is an atmosphere of volatility in the market.

Experts believe that the long-term trend of gold (long-term profits) is still very strong. In such a situation, if there has been a slight decline in prices today, then it can be a great buying opportunity for those who want to buy jewelery for weddings or are planning to invest in digital gold/SGB.

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