look news india
Amidst the ongoing Iran war globally and the energy crisis caused by it, a big news is coming from the commodity market. Today, the prices of gold, which is considered a safe investment, has seen a significant decline in both international and domestic markets. This reduction in gold prices which are continuously touching the sky has come as a big relief to those people who were planning to buy jewelery in this wedding season.
condition of gold in international market
Talking about the global market, today i.e. on June 1, 2026, a fall of $ 12.90 was seen in the prices of spot gold. After this shortage, gold in the international market $4529.75 per ounce But is doing business. In the last session, gold had closed at the level of $ 4553 per ounce in the global market. If seen in percentage terms, today spot gold prices are around 0.24% A recession has been recorded.
Indian Bullion Market: Know the price of 18, 22 and 24 carat
The direct impact of this recession in the global market is clearly visible on the Indian bullion market and Multi Commodity Exchange (MCX). gold on mcx today Rs 926 per 10 grams With a huge fall of Rs. 1,56,000.
The retail prices of gold according to different purities in the domestic bullion market today are as follows:
| Purity of gold | Today’s latest price (per 10 grams) | Market Trend |
| 24 carat pure gold | ₹1,56,463 | There has been a big decline in prices compared to the last session. |
| 22 carat (jewelry gold) | ₹1,43,320 | Gold is most commonly used for making jewellery. |
| 18 carat gold | ₹1,17,347 | Suitable for low budget and strong jewellery. |
Why was the movement of gold restricted?
Market analysts and economic experts believe that the rise in crude oil prices in the international market once again and the increasing inflation across the world have stopped the fast gold rush for the time being. Usually, when crude oil prices rise and other financial options strengthen amid global uncertainty, investors start booking profits in gold. Due to this selling pressure, gold prices have come down.
In the coming days, if the Iran crisis and the crude oil supply chain improves, then further fluctuations may be seen in gold prices. Commodity experts say that from a long term perspective the trend of gold is still strong, but in the short term consumers are getting a good buying opportunity.
