Noida, June 12 (APAC Media): Gold and silver prices opened sharply higher on the Multi Commodity Exchange (MCX) on Friday, extending gains for a second straight session, as crude oil fell to a two-month low amid rising optimism over a potential US–Iran peace deal.
In the domestic market, silver futures on the Multi Commodity Exchange (MCX) for July 2026 delivery rose ₹5,167, or 2%, to ₹244,817 per kg. Gold futures for August 2026 delivery advanced ₹649 to ₹149,581 per 10 grams. With the latest gains, silver has climbed ₹10,012, or 4%, over the past two sessions, while gold has increased by ₹1,600.
🟡 City-Wise Gold & Silver Prices (India)
| City | 24K Gold (₹/10g) | 22K Gold (₹/10g) | 999 Silver (₹/kg) |
|---|---|---|---|
| Delhi | ₹1,50,081 | ₹1,37,600 | ₹2,44,811 |
| Mumbai | ₹1,49,381 | ₹1,37,330 | ₹2,44,813 |
| Kolkata | ₹1,50,281 | ₹1,37,390 | ₹2,44,815 |
| Chennai | ₹1,50,481 | ₹1,37,700 | ₹2,44,819 |
| Bengaluru | ₹1,50,381 | ₹1,37,310 | ₹2,44,817 |
| Hyderabad | ₹1,50,541 | ₹1,37,300 | ₹2,44,818 |
| Ahmedabad | ₹1,50,571 | ₹1,37,350 | ₹2,44,814 |
| Pune | ₹1,50,581 | ₹1,37,400 | ₹2,44,816 |
According to retail market data, 24-karat gold prices ranged between ₹14,700 and ₹15,200 per gram in key cities, including Delhi, Mumbai, Kolkata, and Chennai.
Gold Rate Today (June 11): City-Wise 22K, 24K, Silver Prices; Check 1-Year Chart Strong Metals Rally
The 22-karat gold category was quoted in the band of approximately ₹13,500 to ₹14,500 per gram, with minor variations based on local taxes and making charges.
Market participants said gold prices showed mild firmness after recent fluctuations, supported by a weaker dollar outlook and stable demand in the physical market.
📈 1-Year Gold vs Silver Price Line Chart Trend
🟡 Gold vs ⚪ Silver (Monthly Trend – Last 12 Months)
| Month (2025–26) | Gold (24K ₹/10g) | Silver (₹/kg) |
|---|---|---|
| Jul 2025 | 1,02,000 | 2,15,000 |
| Aug 2025 | 1,05,500 | 2,25,000 |
| Sep 2025 | 1,08,800 | 2,35,000 |
| Oct 2025 | 1,12,400 | 2,45,000 |
| Nov 2025 | 1,15,900 | 2,55,000 |
| Dec 2025 | 1,18,700 | 2,65,000 |
| Jan 2026 | 1,25,000 | 2,80,000 |
| Feb 2026 | 1,32,500 | 3,10,000 |
| Mar 2026 | 1,38,200 | 3,25,000 |
| Apr 2026 | 1,44,500 | 3,05,000 |
| May 2026 | 1,48,900 | 2,95,000 |
| Jun 2026 | 1,51,800 | 2,60,000 |
However, gains remained limited due to continued volatility in international bullion markets and uncertainty over interest rate trajectories in major economies.
Silver prices also moved within a narrow range, with retail rates in Delhi hovering around ₹250 per gram, or roughly ₹250,000 per kilogram. Traders noted that silver continues to exhibit higher volatility compared to gold, largely due to its dual role as both an industrial metal and a precious asset.
Bullion dealers across major trading centres reported steady footfall from retail buyers, though sentiment remains cautious amid price swings.
Jewellers indicated that domestic demand is being driven primarily by wedding-related purchases, while investment demand has been uneven.
Analysts said global cues, including central bank policy signals and fluctuations in crude oil and currency markets, are expected to keep bullion prices range-bound in the near term. They added that while gold remains supported by its safe-haven appeal, sustained upside will depend on clearer macroeconomic direction.
Overall, the June 12 session reflected a stable but cautious bullion market, with gold holding firm after recent dips and silver continuing to trade with heightened sensitivity to global developments.
— Ends —
Disclaimer:
Gold prices and rates are for informational purposes only. APAC Media is not liable for any discrepancies or financial decisions made based on this data. Please consult an authorised advisor before making investment choices.
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