- Gold and silver traded volatilely today, fluctuating on MCX.
- Overseas precious metals remained pressured, nearing multi-month lows.
- Stronger US dollar, Fed hike expectations drove market weakness.
Gold Silver Rate Today:Gold and silver traded in a volatile range on Thursday, swinging between gains and losses as investors weighed expectations of further US Federal Reserve rate hikes against easing geopolitical tensions.
On the Multi Commodity Exchange (MCX), gold futures for August delivery opened at Rs 1,40,672 per 10 grams, down Rs 598, or 0.42 per cent, from the previous close of Rs 1,41,270. Buying interest later emerged, lifting prices to an intraday high of Rs 1,41,989, up Rs 719, or 0.50 per cent, by 11:38 am. However, the contract also slipped to an intraday low of Rs 1,40,543, marking a decline of Rs 727, or 0.51 per cent.
Silver futures for July delivery mirrored the choppy trend. The contract opened at Rs 2,10,308 per kg, down Rs 2,767, or 1.30 per cent, from the previous close of Rs 2,13,075. During the session, silver touched a low of Rs 2,10,043, down Rs 3,032, or 1.42 per cent, before rebounding to an intraday high of Rs 2,15,950, up Rs 2,875, or 1.34 per cent.
In overseas markets, precious metals remained under pressure. COMEX gold was down 0.42 per cent at $3,991.80 per ounce, while COMEX silver slipped 1.65 per cent to $57.13 per ounce.
Analysts said gold was hovering near an eight-month low, while silver was trading around its weakest levels since December. They attributed the weakness to a stronger US dollar, which has climbed to a one-year high, and growing expectations that the US Federal Reserve could resume interest rate hikes as early as September.
They also noted that the sharp sell-off in US technology stocks prompted some investors to liquidate bullion holdings to offset losses in other asset classes. Meanwhile, easing geopolitical tensions and softer crude oil prices have helped ease inflation concerns, with market participants now awaiting upcoming US inflation data for further guidance on the Federal Reserve’s policy path.
On the energy front, Brent crude declined around 2 per cent to trade near $72 a barrel, while US WTI crude slipped 1.83 per cent to below the $70-per-barrel mark.
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Gold Rates Across Major Cities In India On June 25
Gold Prices in Delhi Today (Per 1 Gram)
24 Karat – 14,028
22 Karat- 12,860
18 Karat- 10,525
Gold Prices in Chennai Today (Per 1 Gram)
24 Karat – 14,335
22 Karat- 13,140
18 Karat- 10,981
Gold Prices in Bengaluru Today (Per 1 Gram)
24 Karat – 14,013
22 Karat- 12,845
18 Karat- 10,510
Gold Prices in Mumbai Today (Per 1 Gram)
24 Karat – 14,013
22 Karat- 12,845
18 Karat- 10,510
Gold Prices in Pune Today (Per 1 Gram)
24 Karat – 14,013
22 Karat- 12,845
18 Karat- 10,510
Gold Prices in Kolkata Today (Per 1 Gram)
24 Karat – 14,013
22 Karat- 12,845
18 Karat- 10,510
| City | 24k Gold Per Gram | 22k Gold Per Gram | 18k Gold Per Gram |
| Gold Rate in Hyderabad | 14,013 | 12,845 | 10,510 |
| Gold Rate in Ahmedabad | 14,018 | 12,850 | 10,515 |
| Gold Rate in Indore | 14,018 | 12,850 | 10,515 |
| Gold Rate in Lucknow | 14,028 | 12,860 | 10,525 |
| Gold Rate in Coimbatore | 14,335 | 13,140 | 10,981 |
| Gold Rate in Bhubaneswar | 14,013 | 12,845 | 10,510 |
| Gold Rate in Mysore | 14,013 | 12,845 | 10,510 |
| Gold Rate in Kanpur | 14,028 | 12,860 | 10,525 |
| Gold Rate in Salem | 14,335 | 13,140 | 10,981 |
| Gold Rate in Visakhapatnam | 14,013 | 12,845 | 10,510 |
| Gold Rate in Vijayawada | 14,013 | 12,845 | 10,510 |
| Gold Rate in Patna | 14,018 | 12,850 | 10,515 |
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Silver Price Across Major Cities In India On June 25
Silver Price In Delhi Today
The current silver price in Delhi stands at Rs 235 per gram and Rs 235,000 per kg.
Silver Price In Chennai Today
The current silver price in Chennai stands at Rs 230 per gram and Rs 230,000 per kg.
Silver Price In Bengaluru Today
The current silver price in Bengaluru stands at Rs 235 per gram and Rs 235,000 per kg.
Silver Price In Mumbai Today
The current silver price in Mumbai stands at Rs 235 per gram and Rs 235,000 per kg.
Silver Price In Pune Today
The current silver price in Pune stands at Rs 235 per gram and Rs 235,000 per kg.
Silver Price In Kolkata Today
The current silver price in Kolkata stands at Rs 235 per gram and Rs 235,000 per kg.
Silver Price Today in Major Indian Cities
| City | Per Gram | Per KG |
| Silver Rate in Hyderabad | 230 | 230,000 |
| Silver Rate in Ahmedabad | 235 | 235,000 |
| Silver Rate in Indore | 235 | 235,000 |
| Silver Rate in Lucknow | 235 | 235,000 |
| Silver Rate in Coimbatore | 230 | 230,000 |
| Silver Rate in Bhubaneswar | 230 | 230,000 |
| Silver Rate in Mysore | 235 | 235,000 |
| Silver Rate in Kanpur | 235 | 235,000 |
| Silver Rate in Salem | 230 | 230,000 |
| Silver Rate in Visakhapatnam | 230 | 230,000 |
| Silver Rate in Vijayawada | 230 | 230,000 |
| Silver Rate in Patna | 235 | 235,000 |
