With just minor fluctuations in 24-karat and 22-karat gold rates in major locations, the price of the yellow metal in India's retail market remained largely stable on Sunday, June 21. Silver prices also moved very little in the domestic bullion market.
The Multi-Commodity Exchange of India (MCX) is closed on Saturdays and Sundays, so live transaction rates are not currently available. Despite a minor decline from earlier trading sessions, gold was still trading above Rs. 1.47 lakh based on Friday's closing level.
The price of 10 grams of 24-karat gold in India was Rs. 147,540. Meanwhile, 10 grams of 22-karat gold cost Rs. 135,245 in actual bullion. Based on information from the Indian Bullion Association (IBA), Silver 999 Fine was priced at Rs. 233,830 per kilogram.
Gold is offered in 24-karat and 22-karat fineness on the retail market. Although 24-karat is considered pure, 22-karat is preferred for jewelry for its hardness. The following table gives the latest price of gold as of June 21, 2026, in some major cities of India.
| City | 24K Gold (Rs. /10g) | 22K Gold (Rs. /10g) | Silver 999 Fine (Rs. /kg) |
|---|---|---|---|
| Delhi | 147,020 | 134,768 | 233,010 |
| Mumbai | 147,280 | 135,007 | 233,410 |
| Kolkata | 147,080 | 134,823 | 233,100 |
| Hyderabad | 147,390 | 135,108 | 233,580 |
| Chennai | 147,580 | 135,282 | 233,880 |
| Bengaluru | 147,350 | 135,071 | 233,510 |
Gold has had a strong run in 2026, with prices climbing steadily as investors turned to the metal during a period of economic uncertainty.
The year commenced with the cost of 24K gold estimated to be at around Rs. 135,257 for 10 grams. Worsening economic conditions in terms of worldwide growth, inflation, and geopolitical risks prompted several individuals to invest their funds in safe assets like gold.
The trend escalated further in February and reached its peak in the first week of March with prices almost reaching Rs. 157,480 for 10 grams. The steep climb of prices resulted in gold prices experiencing a decline in April.
Momentum returned in May, helped by higher import duties and continued demand from both investors and central banks. Fluctuations in the rupee as well as global interest rates also played an important role in determining the price of gold.
Despite experiencing some volatility on a daily basis, prices were high in June. Overall, the price of gold has increased by about 16% so far this year.
Gold prices rose by more than 75% last year, experiencing their greatest bull run since 1979. Due to high demand for safe havens and anxiety about the state of the global economy, gold prices have somewhat increased in recent months.
The yellow metal appreciated by almost 16% in India, rising from Rs. 135,257 in early January to Rs. 157,480 in early March. It experienced another notable increase in May following the duty hike. Strong demand and currency movements have led to a further rise in silver price, from about Rs. 78,600/kg in 2023–2024 to over Rs. 200,000/kg in early 2026.