Biggest Crash in Gold Since 2008! 24K Drops Rs 38,200 in Just 2 Days; Latest Gold, Silver Prices in Delhi

Gold rates in Delhi extended their losing streak on the final trading day of June 2026, with bullion witnessing another sharp correction amid weak global cues. On Tuesday, June 30, the price of 24 Karat (24K) gold dropped by Rs 180 per gram to Rs 14,028, while 22 Karat (22K) gold declined by Rs 165 per gram to Rs 12,860, according to the latest market data.

Gold Rate Today, June 30: 24K Gold Tumbles Rs 180/Gram, Biggest Monthly Global Slump Since 2008

The correction has been swift. In just two trading sessions, the price of 24K gold has plunged by Rs 38,200 per 100 grams in the national capital, reflecting growing selling pressure in the precious metals market as investors reassess expectations for interest rates and global economic conditions.

Silver also joined the downward trend after remaining unchanged for the previous two days. The white metal fell by Rs 5 per gram to Rs 235, while the price per kilogram declined by Rs 5,000 to Rs 2,35,000, ending its brief period of stability.

Gold Rate Today: Check Latest 22K, 24K & 18K Gold Prices on June 30, 2026

24 Karat Gold Rate Today in Delhi

The price of 24 Karat (24K) gold, the purest form of the precious metal and the preferred choice for investment, declined by Rs 180 per gram on Tuesday. It is now priced at Rs 14,028 per gram. Accordingly, 8 grams of 24K gold cost Rs 1,12,224, while 10 grams are priced at Rs 1,40,280. For bulk buyers, 100 grams of 24K gold now cost Rs 14,02,800, reflecting a sharp decline of Rs 18,000 from the previous session.

22 Karat Gold Rate Today in Delhi

The price of 22 Karat (22K) gold, widely used for making jewellery due to its strength and durability, also witnessed a correction. The rate slipped by Rs 165 per gram to Rs 12,860 per gram. The price of 8 grams stands at Rs 1,02,880, while 10 grams are available at Rs 1,28,600. Meanwhile, 100 grams of 22K gold are now priced at Rs 12,86,000, down Rs 16,500 compared to the previous day.

18 Karat Gold Rate Today in Delhi

The price of 18 Karat (18K) gold, commonly preferred for modern, designer and diamond-studded jewellery, also moved lower on Tuesday. The rate declined by Rs 135 per gram to Rs 10,525 per gram. As a result, 8 grams of 18K gold cost Rs 84,200, while 10 grams are priced at Rs 1,05,250. The price of 100 grams of 18K gold has fallen to Rs 10,52,500, registering a decline of Rs 13,500 from the previous session.

Silver Rate Today: Check Latest Silver Prices Per Kg and Gram on 30 June 2026

Silver prices in Delhi declined after remaining unchanged for the previous two trading sessions, tracking the weakness in the broader precious metals market. On Tuesday, silver slipped by Rs 5 per gram to Rs 235, while the price per kilogram fell by Rs 5,000 to Rs 2,35,000.

Across smaller quantities, 8 grams of silver are now priced at Rs 1,880, down Rs 40 from the previous session, while 10 grams cost Rs 2,350 after a decline of Rs 50. For bulk purchases, 100 grams of silver are available at Rs 23,500, reflecting a fall of Rs 500 compared to the previous day.

Why Gold Prices Are Falling? Yellow Metal Set for Biggest Quarterly Loss Since 2013

The weakness in domestic bullion prices mirrors developments in international markets, where gold is on course for its steepest monthly decline in nearly 18 years. Spot gold slipped more than 1% on Tuesday and is poised to end June with a fall of nearly 13%, marking its fourth straight monthly decline, according to Reuters.

The precious metal is also heading for its biggest quarterly loss since 2013 as investors continue shifting away from traditional safe-haven assets amid expectations that US interest rates will remain higher for longer. A stronger US dollar has further reduced the appeal of gold, adding to the pressure on global and domestic prices.

MCX Gold Price Forecast for July 2026

"MCX Gold extended its bearish momentum with a gap-down opening of nearly 1% on Tuesday, tracking weakness in international markets as COMEX Gold hovered around $3,973. The near-term trend remains negative, with immediate support placed at Rs 140,000-Rs138,960," said Kaveri More, Commodity Analyst, Technical Research at Choice Broking

On the upside, resistance is seen at Rs 144,780-Rs 147,000. A sustained move below support could accelerate selling pressure, while recovery above resistance may signal short-covering.

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