On the Multi Commodity Exchange (MCX), early morning deals today saw pressure to sell gold and the price began falling.
The average price of 1 gram of 22K Gold stood at ₹5,570 while the 24K gold prices stood at ₹6,076.
The rate of 10 grams of 24-carat gold in Chennai stood at ₹61,310, which was followed by Delhi and Lucknow where the gold costs ₹60,930.
The average price of 10gm of Silver was at ₹728 and 1 kg of silver stood at ₹72,800.
However, in cities like Delhi, Kolkata and Bengaluru the metal's price stood at ₹72,800 per kg, according to the GoodReturns.
Indian Major Cities 24 Carat Gold Rate per 10gm Today June 1
Delhi - ₹60,930
Chennai - ₹61,310
Mumbai - ₹60,760
Kolkata - ₹60,760
Bengaluru - ₹60,810
Indian Major Cities 1 KG Silver Rate Today June 1
Delhi - ₹72,800
Chennai - ₹77,600
Mumbai - ₹72,800
Kolkata - ₹72,800
Bengaluru - ₹73,000