Gold rate today (June 1, 2026) brings exciting news for jewellery shoppers across India. Gold prices have fallen 3%, with 22K gold dropping to ₹1,43,320 per 10gm nationally. If you’re in Mumbai, 22K gold is now ₹1,43,940 per 10gm. Delhi buyers see 22K at ₹1,45,764, while Jaipur gold rate today is ₹1,45,250 for 22K and ₹1,58,440 for 24K per 10gm.
This marks the second consecutive week of decline, making it one of the best buying opportunities for jewellery shoppers in recent months. Whether you’re planning to buy wedding jewellery, gold coins, or investment pieces, today’s price drop could save you thousands of rupees.
Complete Gold Rate Chart (June 1, 2026)
| City | 22K Gold (10gm) | 24K Gold (10gm) | Per Gram |
| Mumbai | ₹1,43,940 | ₹1,57,030 | ₹14,394/₹15,703 |
| Delhi | ₹1,45,764 | ₹1,58,290 | ₹14,576/₹15,829 |
| Jaipur | ₹1,45,250 | ₹1,58,440 | ₹14,525/₹15,844 |
| Chennai | ₹1,44,990 | ₹1,52,240 | ₹14,499/₹15,224 |
| Bangalore | ₹1,45,050 | ₹1,52,300 | ₹14,505/₹15,230 |
Why did gold prices fall? Crude oil jumped 3%, US dollar strengthened, and COMEX gold dropped to $4,556.20/oz. This is the second straight week of decline, making it the best time to buy gold jewellery in 2 weeks.
Gold Price Analysis June 1, 2026: Why Gold Fell 3% and What It Means for Investors
Market Overview:
Gold prices corrected 3% on June 1, 2026, with 22K gold falling to ₹1,43,320 per 10gm across India. Mumbai buyers see 22K gold at ₹1,43,940 per 10gm, while Delhi rates stand at ₹1,45,764. In Jaipur, 22K gold is ₹1,45,250 per 10gm with 24K at ₹1,58,440.
Technical Analysis:
- 22K Gold: ₹14,286 per gram (down ₹158)
- 24K Gold: ₹15,584 per gram (down ₹158)
- Weekly Change: -0.75% (second straight week of decline)
- Monthly Trend: -1.2% from May average
Key Drivers:
- Crude Oil Surge: Oil jumped 3% on Monday, creating inflation concerns
- Strong US Dollar: Dollar index rose, making gold less attractive
- Profit-Taking: COMEX gold fell to $4,556.20/oz as investors locked in gains
- Fed Hawkishness: US Federal Reserve officials hinted at delayed rate cuts
Investment Outlook:
Analysts suggest this correction presents a buying opportunity for long-term investors. Short-term traders may see further volatility. For jewellery buyers, current rates offer the best value since mid-May 2026.