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In Mumbai, the price of gold on June 11 stands at Rs 91,150 per 10 grams for 22-carat and Rs 99,430 per 10 grams for 24-carat.
Gold Prices Today, June 12.
Gold Rates Today In India, June 12: Gold prices appreciated on Thursday. In Mumbai, the price of gold on June 11 stood at Rs 91,150 per 10 grams for 22-carat and Rs 99,430 per 10 grams for 24-carat. Silver, on the other hand, was also trading lower by Rs 100 at Rs 1,08,900 per kg in Mumbai.
On the MCX, gold jumped by 1.27 per cent to trade at Rs 97,935 per kg and silver traded higher by 0.68 per cent at Rs 1,06,108 per kg in the futures trade.
Also Read: Gold Prices May Fall Below Rs 85,000 In 2 Months: What’s Behind The Big Decline?
Known for its unmatched purity, 24-carat gold continues to attract buyers seeking premium quality. Meanwhile, 22-carat gold, prized for its durability and timeless charm, remains a favourite among jewellery enthusiasts and investors alike, striking a balance between elegance and practicality.
Here’s a detailed breakdown of gold prices across key cities (June 12, 2025):Â
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | Rs 91,150 | Rs 99,430 |
| Jaipur | Rs 91,150 | Rs 99,430 |
| Ahmedabad | Rs 91,050 | Rs 99,330 |
| Patna | Rs 91,050 | Rs 99,330 |
| Mumbai | Rs 91,000 | Rs 99,280 |
| Hyderabad | Rs 91,000 | Rs 99,280 |
| Chennai | Rs 91,000 | Rs 99,280 |
| Bengaluru | Rs 91,000 | Rs 99,280 |
| Kolkata | Rs 91,000 | Rs 99,280 |
Silver Price In India Today (June 12, 2025)
The price of silver traded lower by Rs 100 at Rs 1,08,900 per kg in Mumbai, according to goodreturns.in.
‘Gold May Fall 12-15% In Two Months’
According to a report by brokerage house Quant Mutual Fund, after an impressive upside move in the past few months, gold prices might fall by 12-15% in the next two months.”Gold has peaked out and has the potential to correct by 12-15% in dollar terms over the next two months. However, our medium-term and long-term views are equally constructive, and we reiterate that a meaningful percentage of your portfolio should be dedicated towards precious metals,” Quant Mutual Fund stated in its latest ‘Factsheet for June 2025’.
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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