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Gold Price Today In India: Gold bulls struggled as prices slipped back below the key $3,400 level, pressured by upbeat U.S. JOLTS data and a strengthening dollar.
Latest prices of Gold in different cities
Gold Rates Today In India, June 9: Gold prices experienced weak momentum on Monday following upbeat US JOLTS Data and the resumption of trade talks between the US and China. In Mumbai, the price of gold stood at Rs 89,790 per 10 grams for 22-carat and Rs 97,960 per 10 grams for 24-carat.
Gold bulls struggled as prices slipped back below the key $3,400 level, pressured by upbeat U.S. JOLTS data and a strengthening dollar, according to Rahul Kalantri, VP Commodities, Mehta Equities Ltd.
Silver, however, stood out with strong gains, hitting a 13-year high on the global stage and achieving lifetime highs at home. Improving sentiment from softer European inflation and trade optimism helped silver breach the $36 level, breaking out of a long-standing consolidation range.
The price of silver dipped to Rs 1,06,900 per kg in Mumbai.
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 9, 2025):
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | Rs 89,940 | Rs 98,110 |
| Jaipur | Rs 89,940 | Rs 98,110 |
| Ahmedabad | Rs 89,840 | Rs 98,010 |
| Patna | Rs 89,840 | Rs 98,010 |
| Mumbai | Rs 89,790 | Rs 97,960 |
| Hyderabad | Rs 89,790 | Rs 97,960 |
| Chennai | Rs 89,790 | Rs 97,960 |
| Bengaluru | Rs 89,790 | Rs 97,960 |
| Kolkata | Rs 89,790 | Rs 97,960 |
Silver Price In India Today (June 9, 2025)
The price of silver traded to Rs 1,06,900 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.
Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst…Read More
Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst… Read More
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