Last Updated:June 19, 2025, 10:17 IST
Gold Rates In India Today: In Mumbai, the price of gold stood at Rs 92,650 per 10 grams for 22-carat and Rs 1,01,080 per 10 grams for 24-carat.
Latest prices of gold in different cities.
Gold Prices In India Today, June 19: Gold prices on Thursday extended their loss for the third day as the US Federal Reserve adopted a hawkish tone keeping interest rates steady at 4.25-4.50%. In Mumbai, the price of gold stood at Rs 92,650 per 10 grams for 22-carat and Rs 1,01,080 per 10 grams for 24-carat. Silver, on the other hand, was also trading higher at Rs 1,08,244 per kg in the city.
These spot prices do not include making charges and 3% GST.
In the futures market, on the MCX, gold was trading lower by 0.31% at Rs 99,231 per 10 grams, whereas silver was down by 0.30% to trade at 1,08,244 per kg.
Rahul Kalantri, vice-president (commodities) of Mehta Equities, said, “Gold and silver were highly volatile and ended weak as the U.S. Federal Reserve adopted a hawkish tone, keeping interest rates steady at 4.25–4.50%. The Fed struck a hawkish tone, reducing expectations for aggressive rate cuts through 2027 amid concerns over sticky inflation, sluggish growth, and labour market strain driven by global trade disruptions. This stance capped gains in precious metals. However, ongoing tensions between Israel and Iran, along with strong central bank demand, continue to lend support.”
What Is The Price Of 22kt, 24kt Gold Rates Today In India Across Key Cities?
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | Rs 92,800 | Rs 1,01,210 |
| Jaipur | Rs 92,800 | Rs 1,01,210 |
| Ahmedabad | Rs 92,700 | Rs 1,00,970 |
| Patna | Rs 92,700 | Rs 1,00,970 |
| Mumbai | Rs 92,650 | Rs 1,01,080 |
| Hyderabad | Rs 92,650 | Rs 1,01,080 |
| Chennai | Rs 92,650 | Rs 1,01,080 |
| Bengaluru | Rs 92,650 | Rs 1,01,080 |
| Kolkata | Rs 92,650 | Rs 1,01,080 |
How Will the Iran-Israel Conflict Impact Gold Prices In India?
Gold and silver prices rallied sharply amid escalating Israel-Iran tensions, boosting safe-haven demand.
The ongoing Iran-Israel conflict is expected to push gold prices higher in India as investors flock to safe-haven assets amid rising geopolitical tensions. Global uncertainty often boosts demand for gold, which is considered a store of value during crises. With oil prices also likely to rise due to instability in the Middle East, inflationary concerns may further support a bullish trend in gold. Additionally, a weakening rupee against the US dollar could make imported gold costlier, driving domestic prices even higher in the short term.
What Factors Affect Gold Prices In India?
International market rates, import duties, taxes, and fluctuations in exchange rates primarily influence gold prices in India. Together, these factors determine the daily gold rates across the country.
In India, gold is deeply cultural and financial. It is a preferred investment option and is key to celebrations, particularly weddings and festivals.
With constantly changing market conditions, investors and traders monitor fluctuations closely. Staying updated is crucial for effectively navigating dynamic trends.
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to markets, economy and companies. Having a decade of experience in financial journalism, Haris has been previously asso…Read More
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to markets, economy and companies. Having a decade of experience in financial journalism, Haris has been previously asso… Read More
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