Jaw-Dropping Fall In Gold Rates Of Chennai By Rs 50,200 In 3 Days; 24K, 22K, 18K Gold Prices On June 25, 2026

Gold rates in India continued to crash on June 25, 2026, owing to stronger dollar, tightening monetary policy stance and fear of rate hikes. In cities like Mumbai, Hyderabad, Kolkata, Bengaluru, Kerala and Pune, 24 carat gold price crashed by Rs 78,500 per 100 grams and by Rs 7,850 per 10 grams. But in city like Chennai, the decline in gold was narrow by Rs 50,200 per 100 grams and by Rs 5,020 per 10 grams in 24 carat from June 23rd to June 25th. The reason behind Thursday's gold decline is spot gold which erased its $4,000 mark, creating panic among investors as bullion trajectory remains cautious and bearish.

Gold Rates In Chennai:

Here, on June 25th, 24 carat gold price crashed by Rs 22,900 to Rs 14,33,500 per 100 grams, plunged by Rs 2,290 to Rs 1,43,350 per 10 grams, dropped by Rs 1,832 to Rs 1,14,680 per 8 grams and was down by Rs 229 to Rs 14,335 per 1 gram.

In case of 22 carat, gold price declined by Rs 21,000 to Rs 13,14,000 per 100 grams, plummeted by Rs 2,100 to Rs 1,31,400 per 10 grams, slipped by Rs 1,680 to Rs 1,05,120 per 8 grams and was lower by Rs 210 to Rs 13,140 per 1 gram.

Furthermore, 18 carat gold price nosedived by Rs 18,900 to Rs 10,98,100 per 100 grams, tumbled by Rs 1,890 to Rs 1,09,810 per 10 grams, slumped by Rs 1,512 to Rs 87,848 per 8 grams and dipped by Rs 189 to Rs 10,981 per 1 gram.

What Is Impacting Gold Prices In India?

As per Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities, the weakness is being driven by a broader liquidity event triggered by sharp profit booking and sell-offs in AI and technology stocks.

He added, as investors face losses in equities, many are selling liquid assets such as gold to raise cash, meet margin requirements, and reduce leverage. At the same time, money is flowing into the US dollar, with the stronger dollar adding further pressure on bullion prices. This is one of those rare periods where both equities and gold are declining together as investors sell what they can rather than what they want.

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