Gold Rates Today Rises After Rs 57,000 Crash; Gold Rate In Chennai Up Rs 3,300, Hyderabad Gold Up Rs 2,200

Gold rates in India climbed on June 20, 2026, halting four consecutive days losing streak. Also, gold recovered after crashing for nearly Rs 55,000-57,000 from June 16th to June 19th. Gold rose most in Chennai by up to Rs 3,300 in 100 grams of 24 carat, while gold was up by Rs 2,200 in Hyderabad.

Gold Rates In Chennai:

24 carat gold climbed most in Chennai by Rs 3,300 in 100 grams to Rs 14,88,700 and surged by RS 330 in 10 grams to Rs 1,48,370. Also, gold is up by Rs 264 in 8 grams of the same carat to Rs 1,18,696. The 1 gram gold is up by Rs 33 to Rs 14,837.

Further, 22 carat gold price gained by Rs 3,000 to Rs 13.60 lakh per 100 grams and advanced by Rs 300 to Rs 1.36 lakh per 10 grams. In the same carat, 8 grams gold is higher by Rs 240 to Rs 1,08,800 and 1 gram gold is up by Rs 13,600.

Under 18 carat, gold price soared by Rs 2,000 to Rs 11.37 lakh per 100 grams and climbed by Rs 200 to Rs 1,13,700 per 10 grams, while gained by Rs 160 to Rs 90,960 per 8 grams and edged higher by Rs 20 to Rs 11,370 per 1 gram.

From June 16th to June 19th, 24 carat gold has dropped by Rs 54,500 in 100 grams, while 10 grams gold nosedived by Rs 5,450 in this city.

Gold Rates In Hyderabad:

Here, 24 carat gold rose by 2,200 to Rs 14,60,800 per 100 grams and jumped by Rs 220 to Rs 1,47,080 per 10 grams. Also, 8 grams gold in 24 carat climbed by Rs 176 to Rs 1,16,864 and 1 gram gold is up by Rs 22 to Rs 14,608.

Additionally, 22 carat gold jumped by Rs 2,000 to Rs 13.39 lakh per 100 grams and zoomed by Rs 200 to Rs 1,33,900 per 10 grams. Moreover, 8 grams gold in 22 carat rose by Rs 160 to Rs 1,07,120 and 1 gram gold edged higher by Rs 20 to Rs 13,390.

Meanwhile, 18 carat gold surged by Rs 1,700 to Rs 10,95,600 per 100 grams and 10 grams gold jumped by RS 170 to Rs 1,09,560. Additionally, 8 grams gold advanced by Rs 136 to Rs 87,648 and 1 gram gold is up by Rs 17 to Rs 10,956.

From June 16th to June 19th, gold rates in Hyderabad dropped steeper by Rs 56,700 in 100 grams and crashed by Rs 5,670 in 10 grams of 24 carat.

What Is Impacting Precious Metals Today?

As per Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities, gold prices remained under pressure after the Federal Reserve signalled the possibility of one interest rate hike in 2026, strengthening the US dollar and reducing the appeal of non-yielding assets such as gold. The hawkish tone from the Fed has triggered broad-based profit booking across bullion markets.

"COMEX Gold has corrected sharply from around $4375 to $4150, while MCX Gold has declined from nearly ₹154000 to ₹147200 over the last few sessions following the Fed policy announcement. The stronger dollar outlook and expectations of higher interest rates continue to weigh on sentiment," Trivedi added.

At the same time, the expert also believes that participants should remain focused on developments surrounding the US-Iran negotiations, as any progress or setback in talks could add further volatility to precious metals. While geopolitical risks may provide volatility, interest rate expectations are currently the dominant driver for gold prices.

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