Gold and silver prices experienced a minor dip in early trading on Saturday, June 20, 2026. The price of 24-carat gold fell by Rs 10 to Rs 1,45,850 per 10 grams, while silver also dropped by Rs 100, with one kilogram trading at Rs 2,49,900.
City-Wise Gold and Silver Rates
In Mumbai, Kolkata, and Hyderabad, 24-carat gold was priced at Rs 1,45,850 per 10 grams. Delhi saw a slightly higher rate of Rs 1,46,000 for the same quantity. Chennai recorded the highest price at Rs 1,48,030 per 10 grams.
For 22-carat gold, the price in Mumbai, Kolkata, Bengaluru, and Hyderabad stood at Rs 1,33,690 per 10 grams. In Chennai, it was higher at Rs 1,35,690, while Delhi recorded Rs 1,33,840 per 10 grams.
Silver prices varied across cities. In Delhi, Kolkata, and Mumbai, one kilogram of silver was sold at Rs 2,49,900. Chennai had a higher rate of Rs 2,54,900 per kilogram.
Global Factors Impacting Gold
Internationally, gold prices edged lower on Friday due to a stronger dollar and hawkish signals from the US Federal Reserve. Spot gold fell 0.5 percent to USD 4,189.26 per ounce, while US gold futures for August delivery dropped 0.9 percent to USD 4,207.80.
Gold Imports Drop Significantly
India's gold imports have plummeted by nearly 70 percent to 25–30 tonnes following the doubling of customs duty to 15 percent, as stated by a Finance Ministry official on June 18. This is a sharp decline from the earlier range of 75–100 tonnes per month.
Despite the drop in volume, India's gold imports in May increased by 34 percent year-on-year to USD 3.41 billion, driven by rising precious metal prices.
