Prices of gold and silver registered a new gain in all leading Indian cities on Monday, June 15, on the back of sustained bullion prices. The new surge can be attributed to a high degree of investment in precious metals amidst various economic uncertainties and geopolitical events that affect commodity prices.
Price hikes in retail gold prices in 24 carats and 22 carats were reported in cities like Delhi, Mumbai, Kolkata, Chennai, Bengaluru, and Hyderabad. Prices of silver also remained firm owing to sustained demand for international precious metals and rising sentiments in the international bullion market.
According to market experts, the latest gains in the prices of precious metals are largely driven by various factors such as safe haven demand and international precious metals prices. Gold has historically been considered an investment option during times of uncertainty, whereas silver remains a popular choice for investments as well as its industrial applications.
On Multi Commodity Exchange(MCX), gold prices held on to their strength in initial trade, continuing their gains made during the previous sessions. Besides, there has been attention by market players towards global money policies, inflation figures, and international energy market developments, which can affect the appetite for precious metals.
The recent geopolitical events have also added to the volatility, leading to investors preferring the safer bets.
However, the silver prices have been outperforming many other commodity groups recently. Other than being a precious metal, silver has found applications in electronics, renewable energy systems, and industrial manufacturing, thus reacting to the economy and investment environment changes.
Gold & Silver Rates – June 15, 2026
| City | 24K Gold (₹/10g) | 22K Gold (₹/10g) | Silver (₹/kg) |
|---|---|---|---|
| Delhi | ₹1,49,080 | ₹1,36,650 | ₹2,49,000 |
| Mumbai | ₹1,49,080 | ₹1,36,650 | ₹2,49,000 |
| Kolkata | ₹1,49,080 | ₹1,36,650 | ₹2,50,000 |
| Chennai | ₹1,51,200 | ₹1,38,600 | ₹2,50,000 |
| Bengaluru | ₹1,49,080 | ₹1,36,650 | ₹2,49,000 |
| Hyderabad | ₹1,49,080 | ₹1,36,650 | ₹2,50,000 |
According to jewellers and bullion dealers, consumer demand continues to hold steady despite the price levels. Investor demand as they try to spread risks has also been a factor supporting prices amid the current evaluation of risk in the global financial markets.
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Analysts are of the opinion that gold and silver will continue to be in the spotlight for the next few weeks with further prices depending on economic data, central bank decisions, foreign exchange rates, and geopolitical events.
