Gold Rates Today on 1st july 2025 across India have fall around ₹5,600 per 10 grams from the recent high of ₹1,01,078/10g, marking a 6% decline, check in your city…
Key reasons include:
- Easing geopolitical tensions in the Middle East
- Strengthening rupee
- Diminishing investor demand for safe-haven assets
Gold Rates Today – Major Indian Cities (July 1, 2025)
| City | 24K (₹/g) | 22K (₹/g) |
|---|---|---|
| Delhi | ₹9,740 | ₹8,929 |
| Mumbai | ₹9,725 | ₹8,914 |
| Bengaluru | ₹9,725 | ₹8,914 |
| Chennai | ₹9,725 | ₹8,914 |
| Hyderabad | ₹9,725 | ₹8,914 |
| Pune | ₹9,725 | ₹8,914 |
| Kolkata | ₹9,725 | ₹8,914 |
| Ahmedabad | ₹9,730 | ₹8,919 |
Why The Big Fall?
- Geopolitical calm: Israel–Iran tensions easing → reduced safe-haven demand
- Global macro cues: India’s investors tracking US economic data and Fed policy
- Technical correction: Gold reaching a one-month low, analysts suggest the downside is limited
What This Means For You
- Buyer’s opportunity? Prices dipping → might be a good time if you’re planning to purchase jewellery.
- Investor caution: A “sell-on-rise” strategy might work if you’re trading gold. Analysts advise watching the ₹93,300–₹96,200 range
Quick Insights Table
| Factor | Impact on Gold Price |
|---|---|
| Geopolitical tensions | Easing → Downward pressure |
| US economic data | Hawkish Fed signals → Bearish trend |
| Technical analysis | 1-month low; downside might be cushioned |
| Rupee strength | Stronger rupee → Lower local gold prices |
Should You Buy Now?
- 🛍️ Ready to buy jewellery? Yes, current rates offer some breathing room.
- 📈 Holding gold already? Watch for rebounds or sell-on-rise opportunities.
- 📊 Planning new investment? Wait to see if global macro trends ease.
Disclaimer
This blog reflects market situation as of July 1, 2025 based on publicly available data and analyst insights. Prices vary slightly by city, dealer, and taxes. Always check local rates before making investment or purchase decisions.