Gold and Silver Prices
On Sunday, June 14, gold prices in the Indian retail market remained mostly stable, with the rates for 24 carat and 22 carat gold experiencing slight variations across major cities. Similarly, silver prices in the domestic bullion market showed limited movement.
Currently, live trading rates aren’t available since the Comprehensive Commodity Exchange of India (MCX) is closed on weekends. Gold prices continued to show a bit of an increase based on Friday’s closing levels, hovering around $150,000.
As of 7:30 a.m. on Sunday, the price for 24 carat gold in India was ₹150,900 per 10 grams, while 22 carat gold stood at ₹138,325 per 10 grams. In terms of silver, the rate for 999 fine silver was ₹247,630 per kg, according to data from the Indian Bullion Association (IBA).
Gold Prices in New Delhi — June 16
24K gold rate in New Delhi: ₹150,370 per 10 grams.
22 carat gold rate in New Delhi: ₹137,839 per 10 grams.
Silver 999 Fine Rate in New Delhi: ₹246,750 per kg.
Gold Prices in Mumbai — June 16
24 carat gold rate in Mumbai: ₹150,630 per 10 grams.
22 carat gold rate in Mumbai: ₹138,078 per 10 grams.
Silver 999 fine rate in Mumbai: ₹247,180 per kg.
Gold Prices in Bangalore — June 16
24 carat gold rate in Bangalore: ₹150,750 per 10 grams.
22 carat gold rate in Bangalore: ₹138,188 per 10 grams.
Silver 999 fine rate in Bangalore: ₹247,370 per kg.
Gold Prices in Kolkata — June 16
24 carat gold rate in Kolkata: ₹150,430 per 10 grams.
22 carat gold rate in Kolkata: ₹137,894 per 10 grams.
Silver 999 fine rate in Kolkata: ₹246,850 per kg.
Gold Prices in Hyderabad — June 16
24 carat gold rate in Hyderabad: ₹150,870 per 10 grams.
22 carat gold rate in Hyderabad: ₹138,298 per 10 grams.
Silver 999 Fine Rate in Hyderabad: ₹247,570 per kg.
Gold Price in Chennai — May 30
24 carat gold rate in Chennai: ₹151,070 per 10 grams.
22 carat gold rate in Chennai: ₹138,481 per 10 grams.
Silver 999 Fine Rate in Chennai: ₹247,900 per kg.
Gold Price Movements Over the Years
Notably, gold prices saw their most significant increase last year since 1979, rising by over 75%. In recent months, gold prices have increased modestly due to strong demand as a safe haven and ongoing global economic uncertainties.
Since the beginning of January, the yellow metal has seen a rise of about ₹135,257, reaching ₹157,480 in early March, marking an approximate increase of 16%. There was a notable surge in prices again in May following a tariff hike.
Meanwhile, silver prices experienced a sharper increase due to strong demand and fluctuations in exchange rates, projected to jump from around ₹78,600 per kg in 2023 to ₹200,000 per kg by early 2026.
