Biggest One-Day Crash Of June In Gold Rates In Bangalore; Gold Falls Rs 43,000 Today; 24K, 22K, 18K Gold Price

Gold rates in India witnessed its steepest one-day decline of June 2026. On June 10th, 24 carat gold price crashed by a humungous Rs 43,000 in 100 grams and dropped by Rs 4,300 in 10 grams in cities like Bangalore. Now, 24 carat gold is below Rs 1.49 lakh per 10 grams mark and 22 carat gold is below Rs 1.37 lakh per 10 grams mark in Bangalore. The reason behind this panic decline is the rising dollar and treasury yields ahead of US CPI inflation data on Wednesday, which will be pivotal for US Federal Reserve's upcoming policy outcomes. Market is predicting that CPI inflation could rise to three-year high, strengthening the case of rate hikes ahead.

Gold Rates In Bangalore:

24 carat gold price dropped by Rs 43,000 to Rs 14,88,600 per 100 grams and plunged by Rs 4,300 to Rs 1,48,860 per 10 grams. Meanwhile, 22 carat gold price crashed by Rs 39,500 to Rs 13,64,500 per 100 grams and declined by Rs 3,950 to Rs 1,36,450 per 10 grams. In case of 18 carat, gold price nosedived by Rs 32,300 per 100 gram to Rs 11,16,400 and tumbled by Rs 3,230 to Rs 1,11,640 per 10 grams.

The 8 grams gold price slipped by Rs 3,440 to Rs 1,19,088 in 24 carat, dipped by Rs 3,160 to Rs 1,09,160 under 22 carat, and decreased by Rs 2,584 to Rs 89,312 in 18 carat.

Today, 1 gram gold is down by Rs 430 to Rs 14,886 in 24 carat, lower by Rs 395 to Rs 13,645 in 22 carat and dropped by Rs 323 to Rs 11,164 in 18 carat.

Gram	24K Gold	22K Gold	18K Gold
1	₹14,886 (-430)	₹13,645 (-395)	₹11,164 (-323)
8	₹1,19,088 (-3,440)	₹1,09,160 (-3,160)	₹89,312 (-2,584)
10	₹1,48,860 (-4,300)	₹1,36,450 (-3,950)	₹1,11,640 (-3,230)
100	₹14,88,600 (-43,000)	₹13,64,500 (-39,500)	₹11,16,400 (-32,300)

Hence, Bangalore gold rates just recorded their biggest single-day decline of June 2026. Overall, in 10 days of June, 24 carat, 22 carat and 18 carat gold prices declined by nearly 5% in the city.

Gold Rates In Bangalore Performance For Past 10 Days:

Date	24K Gold	22K Gold
Jun 10, 2026	₹14,886 (-430)	₹13,645 (-395)
Jun 09, 2026	₹15,316 (+147)	₹14,040 (+135)
Jun 08, 2026	₹15,169 (-104)	₹13,905 (-95)
Jun 07, 2026	₹15,273 (0)	₹14,000 (0)
Jun 06, 2026	₹15,273 (-300)	₹14,000 (-275)
Jun 05, 2026	₹15,573 (-38)	₹14,275 (-35)
Jun 04, 2026	₹15,611 (-11)	₹14,310 (-10)
Jun 03, 2026	₹15,622 (0)	₹14,320 (0)
Jun 02, 2026	₹15,622 (0)	₹14,320 (0)
Jun 01, 2026	₹15,622 (-82)	₹14,320 (-75)

What Is Impacting Gold Rates In India?

Gold rates in India slipped due to selloffs in spot gold which hit its lowest level since December 2025. This is due to the renewed hostilities in Middle East with fresh strikes by US military on Iran, raising inflationary concerns and intensifying global energy crisis.

The latest escalation has cast doubt on the durability of a fragile ceasefire and the prospects for a broader peace agreement, while extending the near-complete closure of the Strait of Hormuz. Rising energy costs linked to the conflict have heightened fears of persistent inflation and the possibility of further central bank tightening, weighing on non-yielding assets such as gold. Meanwhile, investors looked ahead to the release of US inflation figures for fresh clues on the Federal Reserve's policy path. Stronger-than-expected US employment data also strengthened expectations that the Fed could raise interest rates before the end of the year, as per Trading Economics.

"Market participants are closely monitoring developments in the Middle East, with the latest exchange of strikes raising concerns over the potential for a broader escalation and its implications for global risk appetite," said Ponmudi R, CEO of Enrich Money.

Furthermore, Prithviraj Kothari, Managing Director at RiddiSiddhi Bullions said, gold and silver are consolidating near critical support levels as markets weigh a fragile Israel-Iran ceasefire against rising rate hike risks. President Trump confirmed ceasefire negotiations are progressing, though Iran warned of resuming hostilities if Israeli strikes on Hezbollah continue.

Following this, gold rates at top jewelers in Bangalore also faced significant revisions.

Tanishq Gold Rates Today

22 carat gold rates crashed to Rs 13,690 per 1 gram, 8 grams gold dropped to Rs 109,520, 10 grams gold plunged to Rs 136,900 and 100 grams gold price nosedived to Rs 1,369,000 at Tanishq on June 10, 2026.

Yesterday, 22 carat gold price stood at Rs 14,085 per 1 gram, at Rs 112,680 per 8 grams, at Rs 140,850 per 10 grams, and at Rs 1,408,500 per 100 grams.

Meanwhile, 18 carat gold price stood at Rs 11,201 per 1 gram and at Rs 1,12,010 per 10 grams. Also, 24 carat gold rate is at Rs 14,935 per 1 gram and at Rs 1,49,350 per 10 grams on Wednesday.

IBJA Gold Rates Today

The 999 purity gold price plunged to Rs 15,252 per 1 gram at IBJA, while the 995 purity and 916 purity gold rates stood at Rs 15,191 and Rs 13,971 per 1 gram. Also, the 750 purity gold rate is at Rs 11,439 per 1 gram and the 585 purity gold price is at Rs 8,922 per 1 gram.