Gold prices saw a dip today, Monday, June 1, 2026. This movement occurred amidst geopolitical tensions stemming from US claims of attacks on Iranian military bases. US President Donald Trump indicated Iran's desire for a deal. Leading jewellery brands like Tanishq, Malabar Gold & Diamonds, Kalyan Jewellers, and Joyalukkas, along with IBJA, reported lower rates for various gold karats.