Individuals planning to purchase gold or silver may want to take note of the latest bullion market trends. Precious metal prices witnessed fluctuations on June 18 as international market developments and movements in the US dollar continued to influence domestic rates across India. Experts advise consumers and investors to stay updated with the latest prices before making any purchase decisions.
Gold Prices on June 18, 2026 (Per 10 Grams)
| City | 24K Gold (₹) | 22K Gold (₹) | 18K Gold (₹) |
| Delhi | 1,51,250 | 1,38,650 | 1,13,470 |
| Mumbai | 1,51,100 | 1,38,500 | 1,13,320 |
| Kolkata | 1,51,100 | 1,38,500 | 1,13,320 |
| Chennai | 1,53,060 | 1,40,300 | 1,17,500 |
| Patna | 1,51,150 | 1,38,550 | 1,13,370 |
| Lucknow | 1,51,250 | 1,38,650 | 1,13,470 |
| Jaipur | 1,51,250 | 1,38,650 | 1,13,470 |
| Ahmedabad | 1,51,150 | 1,38,550 | 1,13,370 |
| Pune | 1,51,100 | 1,38,500 | 1,13,320 |
| Hyderabad | 1,51,100 | 1,38,500 | 1,13,320 |
Silver Prices on June 18, 2026
| City | 10 Grams (₹) | 100 Grams (₹) | 1 Kg (₹) |
| Delhi | 2,650 | 26,500 | 2,65,000 |
| Mumbai | 2,650 | 26,500 | 2,65,000 |
| Kolkata | 2,650 | 26,500 | 2,65,000 |
| Chennai | 2,800 | 28,000 | 2,80,000 |
| Lucknow | 2,650 | 26,500 | 2,65,000 |
| Jaipur | 2,650 | 26,500 | 2,65,000 |
| Ahmedabad | 2,650 | 26,500 | 2,65,000 |
| Pune | 2,650 | 26,500 | 2,65,000 |
| Hyderabad | 2,800 | 28,000 | 2,80,000 |
| Bhubaneswar | 2,800 | 28,000 | 2,80,000 |
Why Are Gold and Silver Prices Changing?
The prices of gold and silver are influenced by a range of domestic and international factors. Key drivers include:
International Gold Prices
Global bullion prices play a crucial role in determining domestic rates. Any rise or fall in international gold and silver markets is quickly reflected in Indian prices.
Movement of the US Dollar
Gold is traded globally in US dollars. A stronger dollar generally makes gold more expensive for buyers using other currencies, while a weaker dollar can support higher demand.
Global Economic Conditions
Economic uncertainty, inflation concerns, geopolitical tensions, and recession fears often increase investor demand for safe-haven assets such as gold and silver.
Central Bank Purchases
Large-scale gold purchases by central banks around the world can influence global demand and prices.
Investor Demand
Investment demand through physical purchases, exchange-traded funds (ETFs), and other financial instruments significantly impacts market prices.
Important Advice for Jewellery Buyers
Consumers planning to purchase jewellery for weddings, festivals, or investment purposes should not focus solely on the prevailing gold rate. Experts recommend considering additional charges such as:
- Making Charges
- Goods and Services Tax (GST)
- Hallmarking Charges
- Design and Craftsmanship Costs
These additional expenses can substantially increase the final purchase price beyond the quoted bullion rate.
Market Outlook
With global economic uncertainties and continued fluctuations in currency markets, precious metal prices are expected to remain volatile in the near term. Investors and jewellery buyers are advised to monitor daily price movements and compare rates across dealers before making purchasing decisions.
As gold continues to trade near record levels and silver remains strong, market participants are keeping a close watch on international developments that could influence the next major price movement.
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