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Gold prices in India on June 10 saw weak momentum but recovered due to a weaker dollar. In Mumbai, 22-carat gold was Rs 89,540 per 10g, 24-carat was Rs 97,680.
Latest prices of gold in different cities.
Gold Rates Today In India, June 10: Gold prices experienced weak momentum on Tuesday, as the US and China resumed negotiations in London, but recovered from the day’s lows due to a weaker dollar and declining US bond yields. In Mumbai, the price of gold stood at Rs 89,540 per 10 grams for 22-carat and Rs 97,680 per 10 grams for 24-carat.
Silver was also trading marginally lower at Rs 1,08,100 per kg in Mumbai.
On the MCX, gold was trading lower by 0.72 per cent at Rs 96,475 per kg and silver was down by 0.40 per cent at Rs 1,06,655 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 10, 2025):
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | Rs 89,690 | Rs 97,830 |
| Jaipur | Rs 89,690 | Rs 97,830 |
| Ahmedabad | Rs 89,590 | Rs 97,730 |
| Patna | Rs 89,590 | Rs 97,730 |
| Mumbai | Rs 89,540 | Rs 97,680 |
| Hyderabad | Rs 89,540 | Rs 97,680 |
| Chennai | Rs 89,540 | Rs 97,680 |
| Bengaluru | Rs 89,540 | Rs 97,680 |
| Kolkata | Rs 89,540 | Rs 97,680 |
Silver Price In India Today (June 10, 2025)
The price of silver traded lower at Rs 1,08,100 per kg in Mumbai, according to goodreturns.in.
Rahul Kalantri, vice-president (commodities) of Mehta Equities, said, “Gold and silver witnessed sharp volatility at the start of the week. Gold prices fell in early trade as the US and China resumed negotiations in London, but recovered from the day’s lows due to a weaker dollar and declining US bond yields. The Chinese central bank’s gold purchases for the seventh consecutive month in May also supported prices. Ongoing trade uncertainty continues to drive safe-haven demand. Meanwhile, silver surged to fresh 13-year highs, buoyed by a soft dollar and strength in industrial metals.”
‘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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