Gold rates dipped in most cities in the country on Thursday, June 25, amid a bearish trend in both domestic and global bullion markets. The prices of both 24 and 22 karat gold ended marginal lower, and silver prices continued to stay subdued with the ongoing selling pressure in precious metals.
The gold futures on the Multi Commodity Exchange (MCX) for August delivery were 0.16% down at Rs 1,41,220 per 10 grams in morning trade on the exchange. Silver futures also tumbled by 0.96 percent to Rs 2,11,710 per kg. This dollar strength comes at a time when bullion prices are falling.
Key Highlights
- Gold and silver prices declined across major cities amid easing global commodity market concerns.
- Chennai recorded highest gold rates while Delhi remained among the lowest nationwide.
Falling Crude Prices Ease Safe-Haven Demand
The commodity markets saw crude oil prices fall after being indicated by the logistical movement of the tankers that the Strait of Hormuz was returning to normalcy as a result of recent changes in the political landscape. Brent crude fell to $74 a barrel and U.S. crude was about $69 a barrel, helping to quell concerns over inflation and dampen gold demand for safe haven assets.
But recent diplomatic talks between the US and Iran enabled a number of oil tankers that were stranded in the Persian Gulf to sail through the Strait of Hormuz, which also had positive impact on the sentiment of the market.
Also Read: Gold Heads for Third Weekly Loss: What It Means for Indian Buyers?
Gold and Silver Prices Across Major Indian Cities (25 June 2026)
|
City |
24K Gold (Rs/10 gm) |
22K Gold (Rs/10 gm) |
Silver 999 Fine (Rs/kg) |
|---|---|---|---|
|
New Delhi |
1,40,540 |
1,28,828 |
2,11,030 |
|
Mumbai |
1,40,780 |
1,29,048 |
2,11,400 |
|
Bengaluru |
1,40,890 |
1,29,149 |
2,11,560 |
|
Kolkata |
1,40,590 |
1,28,874 |
2,11,120 |
|
Hyderabad |
1,41,000 |
1,29,150 |
2,11,730 |
|
Chennai |
1,41,190 |
1,33,118 |
2,12,010 |
The lower rates for bullion come as a result of a better bearish sentiment for international gold and silver, stemming from a strong U.S. dollar, lower Middle East geopolitical risks and expected increases in U.S. interest rates.
The analysts believe it can remain a volatile period for the precious metals market for the short term, as investors wait for big policy clues from the US Federal Reserve, dollar currency changes, and geopolitical events. The price of gold and silver has declined in the past several months, as investors have grown concerned about the Fed's outlook of potentially increasing interest rates and the dollar's continued strength, which makes non-yielding investments such as bullion less appealing.
