Gold Price Today continues to fall in India as prices drop from Delhi to Chennai. Check latest 10 gram gold rate and silver price update.
Gold prices continued their downward trend on Monday, June 8, as the domestic bullion market witnessed another round of decline. The latest update in Gold Price Today shows weakening sentiment across major Indian cities, driven by global uncertainty and reduced investment demand.
Gold Price Today: Continuous decline in domestic market
In Delhi, the price of 24-carat gold dropped to ₹155,900 per 10 grams, marking a steady fall over the past week. According to market data, gold prices have declined by nearly ₹4,690 for 24-carat and around ₹4,300 for 22-carat gold in the last seven days.
Experts suggest that ongoing geopolitical uncertainty, including concerns around the US-Iran ceasefire agreement, has impacted investor confidence. This has resulted in reduced fresh inflows into gold, further influencing Gold Price Today in India.
also read:- Gold And Silver Prices Fall Amid Global Uncertainty;…
City-wise Gold Price Today in India
Gold rates across major Indian cities also reflected the downward trend:
Delhi: 24K – ₹155,900 | 22K – ₹140,140 per 10g
Mumbai: 24K – ₹152,720 | 22K – ₹139,990 per 10g
Kolkata: 24K – ₹152,720 | 22K – ₹139,990 per 10g
Chennai: 24K – ₹154,900 | 22K – ₹141,990 per 10g
Bengaluru & Pune: 24K – ₹152,720 | 22K – ₹139,990 per 10g
Ahmedabad, Jaipur, Lucknow & Chandigarh: Similar range between ₹152,720–₹155,900 for 24K gold
The consistent movement across regions indicates a broad-based decline in Gold Price Today across the country.
Global factors influencing Gold Price Today
Internationally, spot gold was trading around $4,470.79 per ounce. Market analysts believe that uncertainty surrounding the US-Iran geopolitical situation and broader macroeconomic concerns have slowed down fresh gold investments globally.
Silver prices also decline
Along with gold, silver prices have also shown weakness. On June 8, silver was priced at ₹264,900 per kilogram in the Indian market. Over the past week, silver has dropped by nearly ₹15,000, reflecting similar pressure in global commodity markets.
In the international market, silver was trading at around $72.89 per ounce.
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