- By Aditya Pratap Singh
- Tue, 16 Jun 2026 01:15 PM (IST)
- Source:JND
Gold and silver prices declined in the domestic futures market after a decent rally in the past two sessions on the back of an improving geopolitical situation and a sharp decline in crude prices. Gold futures for August 5 fell by Rs 358 to Rs 1,52,558 per 10 grams due to lower spot demand. On the Multi Commodity Exchange (MCX), gold contracts for August delivery fell by Rs 358 or 0.23 per cent to Rs 1,52,558 per 10 grams, with a total turnover of 8,822 lots.
Globally, gold futures in New York fell 0.15 per cent to USD 4,318.05 per ounce.
Similarly, Silver prices declined by Rs 4,058 to Rs 2,47,400 per kilogram as participants reduced their bets. On the MCX, silver futures for July delivery fell by Rs 4,058, or 1.61 per cent, to Rs 2,47,400 per kg in a business turnover of 1,790 lots. The decline was mainly due to heavy selling by participants. Globally, the white metal was trading 0.99 per cent lower at USD 69.30 per ounce in New York.
Also Read: Despite Import Duty Hike And PM’s Appeal, India’s Gold Imports Continue To Climb, Jump 34% In May
24k, 22k Gold Rates
Gold rates for all purity levels fell in the domestic retail market as well. According to bullion.co.in, the 24 karat gold rate today is Rs 1,53,110 per 10 grams, while the 22 karat gold rate today is Rs 1,40,351 per 10 grams.
20 karat gold rate today is Rs 1,27,592, and the 18 karat gold rate is Rs 1,14,833 per 10 grams.
Gold Rate In Chennai Today: 24 karat- Rs 1,53,280, 22 karat- Rs 1,40,507
Gold Rate In Delhi Today: 24 karat- Rs 1,52,570, 22 karat- Rs 1,39,856
Gold Rate In Mumbai Today: 24 karat- Rs 1,52,890, 22 karat- Rs 1,40,149