The rates of gold remained steady in most of the major cities of India on June 19, 2026, while the rate of silver remained high due to its increased global demand and uncertainties in the international market. These precious metals have gained substantially in value recently, making their rates of trading highly attractive to the investors and jewellery buyers alike.
As per the latest data available from the market, the 24 carat gold is selling at more than one lakh rupees per 10 grams of gold in many major cities, while the 22 carat and 18 carat gold rates remain high as well. This trend has been due to a number of geopolitical reasons, along with expectation regarding global interest rates.
| City | 22 Carat Gold (per 10g) | 24 Carat Gold (per 10g) |
|---|---|---|
| Meerut | ₹1,39,500 | ₹1,49,080 |
| Delhi | ₹1,39,500 | ₹1,54,633 |
| Mumbai | ₹1,39,500 | ₹1,49,080 |
| Chennai | ₹1,52,170 | ₹1,55,305 |
| Kolkata | ₹1,41,100 | ₹1,55,155 |
| Hyderabad | ₹1,39,500 | ₹1,55,305 |
| Bangalore | ₹1,39,500 | ₹1,49,080 |
Delhi witnessed 24 carat gold at the rate of about ₹1,49,650 per 10 grams of gold, whereas the 22 carat gold rate remained at around ₹1,37,050. In Mumbai, Kolkata and Bangalore, there was not much fluctuation in the gold prices from the previous session. Chennai continues to be among the topmost metros in terms of bullion prices.
Prices of silver also remained close to record levels as the price of silver stood above ₹1.09 lakh per kilogram in various marketplaces. The reason behind the strong performance of silver is the rising industrial demand, especially from sectors like renewable energy, electronics, and electric vehicles along with investment demand.
| City | Rate per 10 Grams (₹) | Rate per 1 Kg (₹) |
|---|---|---|
| Delhi | 2,500 | 2,50,000 |
| Mumbai | 2,500 | 2,50,000 |
| Bangalore | 2,500 | 2,50,000 |
| Hyderabad | 2,550 | 2,55,000 |
| Chennai | 2,550 | 2,55,000 |
| Kolkata | 2,500 | 2,50,000 |
| Ghaziabad | 2,599 | 2,59,900 |
According to market analysts, precious metals have witnessed an increase in demand due to persistent uncertainty in the world economy. Investors tend to purchase gold and silver during volatile times because these metals act as safe havens for investments. Recent events related to the global trade agreements, monetary policy decisions, and political instability have further fueled the demand for metals.
According to jewellers, consumer demand has remained robust despite high prices because of the arrival of festive and wedding seasons. Some consumers remain cautious about purchasing precious metals.
The financial planners have warned that investment in gold must not be made solely on the basis of price swings. Rather, the gold can be considered as a long-term diversifier for the overall investment portfolio. Most of the experts suggest maintaining a balanced position rather than taking positions due to rallies based on market sentiment.
As the global economic signals and central bank policy decisions are expected to play a major role, the bullion dealers will continue keeping an eye on international news. Any shift in interest rate expectations or geopolitical events can impact the prices of gold and silver in the next few weeks.
Also read: Gold, Silver Price Update Today 17 June: Mumbai, Delhi and Other City Rates Today
While continuing to generate interest among the investors, the buyers of these precious metals are suggested to verify their local prices along with the taxes levied on them.
