Gold prices fall in India with 24K gold at ₹1,51,510 in Delhi. Check latest city-wise gold and silver rates across major Indian cities.
Gold prices in India witnessed a fresh decline on June 17, with most major cities reporting lower rates. The dip comes amid easing geopolitical tensions and improved global market sentiment, which reduced demand for safe-haven assets like gold and silver.
Delhi Gold Rate Today
In the national capital, the price of 24-carat gold has dropped to ₹1,51,510 per 10 grams, while 22-carat gold is priced at ₹1,38,890 per 10 grams. Just a day earlier, 99.9% pure gold had slipped by around ₹200, reflecting continued volatility in the bullion market.
Mumbai and Kolkata Rates
In Mumbai and Kolkata, gold prices have also softened.
22-carat gold: ₹1,38,740 per 10 grams
24-carat gold: ₹1,51,360 per 10 grams
Chennai Remains Expensive
Chennai continues to record relatively higher gold prices compared to other metros.
24-carat gold: ₹1,53,370 per 10 grams
22-carat gold: ₹1,40,590 per 10 grams
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Other Major Cities
Cities such as Ahmedabad, Jaipur, Lucknow, Chandigarh, Bengaluru, and Pune are witnessing similar trends with slight variations.
24-carat gold: ₹1,51,360 – ₹1,51,510 per 10 grams
22-carat gold: ₹1,38,740 – ₹1,38,890 per 10 grams
Silver Prices Also Decline
Alongside gold, silver prices have also fallen in domestic markets, now standing at approximately ₹2,64,900 per kilogram. In the global market, spot silver is trading at around $70.43 per ounce.
Why Are Prices Falling?
Market experts attribute the decline to easing geopolitical tensions and improved investor sentiment in equity markets. As risk appetite increases, demand for safe-haven assets like gold tends to weaken.
Additionally, investors are closely tracking developments related to US-Iran relations, which continue to influence global commodity trends.
Global Market Impact
International gold prices are currently hovering around $4,344 per ounce, and fluctuations in global rates directly impact domestic pricing in India.
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