Gold and silver rates today June 19 as prices ease from recent highs amid easing geopolitical tensions and changing global market sentiment.
Gold prices witnessed some easing on June 19 after recent volatility driven by geopolitical tensions in the Middle East. While retail gold prices remain near record levels across Indian cities, futures prices on the Multi Commodity Exchange (MCX) declined as investors reacted to signs of easing tensions and profit-booking in global markets.
Gold and silver futures traded lower on Thursday as easing geopolitical concerns reduced some of the safe-haven demand that had supported precious metals in recent sessions.
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On the Multi Commodity Exchange (MCX), August gold futures fell by as much as 1.37 per cent, or ₹2,111, touching an intraday low of ₹1,51,768. The yellow metal was later trading around ₹1,51,797, down ₹2,082 from its previous close of ₹1,53,879.
Gold futures had opened at ₹1,52,306 and touched an intraday high of ₹1,52,831 during the session before moving lower.
Silver futures for July delivery also witnessed a sharp decline. The contract traded at ₹2,44,945, down ₹6,862 or 2.73 per cent from the previous close of ₹2,51,807. During the day, silver touched a low of ₹2,44,647 and a high of ₹2,48,000.
Why are gold prices fluctuating?
Gold prices continue to remain sensitive to developments in the Middle East, particularly the ongoing tensions involving the United States and Iran. Investors often turn to gold during periods of uncertainty because it is considered a safe-haven asset.
However, any signs of easing tensions can trigger profit-booking and reduce immediate demand for gold, leading to temporary price corrections. Market participants are also closely monitoring global economic indicators, inflation trends and interest rate expectations, all of which influence the movement of precious metals.
Gold and silver retail rates in major Indian cities
Retail gold prices vary slightly across cities due to transportation costs, local levies and market demand.
Gold and silver rates today (June 19, 2026)
| City | 22K Gold (per 10g) | 24K Gold (per 10g) | Silver (per kg) |
|---|---|---|---|
| Delhi | ₹1,39,500 | ₹1,46,480 | ₹2,70,000 |
| Mumbai | ₹1,39,000 | ₹1,45,950 | ₹2,70,000 |
| Chennai | ₹1,40,600 | ₹1,47,630 | ₹2,70,000 |
| Kolkata | ₹1,40,000 | ₹1,47,000 | ₹2,70,000 |
| Bangalore | ₹1,39,600 | ₹1,46,580 | ₹2,70,000 |
| Hyderabad | ₹1,40,600 | ₹1,47,630 | ₹2,70,000 |
| Kochi | ₹1,38,500 | ₹1,45,430 | ₹2,70,000 |
Among the major metros, Chennai and Hyderabad recorded the highest 24K gold prices at ₹1,47,630 per 10 grams, while Kochi offered the lowest rates at ₹1,45,430 per 10 grams.
What buyers should keep in mind
Experts advise buyers to remember that the quoted retail rates represent the base bullion value. The final price paid for jewellery can be considerably higher after additional charges are included.
Consumers purchasing gold jewellery must pay 3 per cent Goods and Services Tax (GST) along with making charges imposed by jewellers. Depending on the design and craftsmanship involved, making charges can range from 5 per cent to 25 per cent or even higher for premium collections.
As a result, the final invoice amount can differ significantly from the advertised gold rate.
Market outlook
Precious metal prices are expected to remain volatile in the near term as investors assess geopolitical developments, central bank policies and global economic data. While gold continues to attract long-term investors seeking safety, short-term fluctuations are likely to persist amid changing market sentiment.
(Disclaimer: Gold and silver prices are subject to frequent changes based on market conditions, international bullion trends, currency movements and local demand. The rates mentioned in this article are indicative retail prices available may vary across jewellers and locations. Readers are advised to verify the latest rates with authorised dealers before making any investment or purchase decisions.)
Published: 19 Jun 2026, 08:03 am IST
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