India’s bullion market witnessed a steady trend today, with both gold and silver showing marginal corrections compared to earlier this month. The prices continue to be influenced by global cues, rupee-dollar fluctuations, and seasonal demand across the country.
Gold prices for 24K purity are hovering around ₹14,907 per gram, while 22K gold is trading near ₹13,664 per gram. In major cities like Delhi, Mumbai, and Kolkata, rates remain aligned, though Chennai shows a slight premium at ₹15,119 per gram for 24K due to local demand. The consistency in prices reflects a balanced market, with wedding season purchases keeping demand stable despite international volatility.
Silver, on the other hand, has seen sharper movements. Today, it is priced at approximately ₹2,59,900 per kilogram in Delhi, Mumbai, and Kolkata, while Chennai and Kerala report slightly higher rates at ₹2,69,900 per kilogram. Industrial demand and global manufacturing trends continue to drive silver’s volatility, making it more sensitive than gold to international market shifts.
Over the first half of June, gold has slipped by about ₹715 per gram for 24K and ₹656 per gram for 22K, while silver has dropped significantly—nearly ₹20,100 per kilogram compared to June 1. Analysts attribute this to easing global tensions and a stronger rupee, which have softened bullion prices.
