Crash in Gold Rate Today in India Continues for Second Day; 24K Falls Rs 36,500; Check Latest Prices on 24June

Gold rates in India extended their decline for the second straight day on Wednesday, June 24, tracking weakness in global bullion markets. The price of 24 Karat gold fell by Rs 27 per gram to Rs 14,433, while 22 Karat gold slipped by Rs 25 per gram to Rs 13,230. The latest correction has dragged gold prices down by nearly Rs 36,500 per 100 grams of 24 Karat gold over the past two days, pushing the precious metal to its lowest level in almost two weeks.

The sharp selloff comes as investors grapple with rising expectations of higher US interest rates, a stronger US dollar and a technology-led decline in global equity markets. Analysts believe many traders have been raising cash by unwinding positions in precious metals, reducing gold's appeal as a safe-haven asset. Meanwhile, silver prices remained steady at Rs 245 per gram and Rs 2,45,000 per kilogram in the domestic market.

12% Crash in Gold in June Quarter; Steepest Decline Since December 2016

Globally, gold has dropped nearly 12% during the June quarter and is on course for its steepest quarterly decline since December 2016. From its record peak of around $5,417 per ounce, the yellow metal has retreated roughly 24%, highlighting a significant shift in investor sentiment amid improving risk appetite and changing expectations for global financial markets.

Gold Rate Today, 24 June 2026: Check Latest 22K, 24K & 18K Gold Prices in India

24 Karat Gold Rate Today

The price of 24 Karat gold in India stood at Rs 14,433 per gram on Wednesday, down by Rs 27 from the previous session. For larger quantities, 8 grams of 24 Karat gold were priced at Rs 1,15,464, while 10 grams cost Rs 1,44,330. The price of 100 grams of 24 Karat gold was Rs 14,43,300, reflecting a decline of Rs 2,700.

22 Karat Gold Rate Today

The price of 22 Karat gold fell by Rs 25 to Rs 13,230 per gram. Meanwhile, 8 grams of 22 Karat gold were available at Rs 1,05,840 and 10 grams at Rs 1,32,300. The price of 100 grams stood at Rs 13,23,000, down by Rs 2,500 compared to the previous day.

18 Karat Gold Rate Today

The price of 18 Karat gold declined by Rs 20 to Rs 10,825 per gram. Similarly, 8 grams of 18 Karat gold were priced at Rs 86,600, while 10 grams cost Rs 1,08,250. The price of 100 grams of 18 Karat gold stood at Rs 10,82,500, marking a drop of Rs 2,000 from the previous session.

Silver Rate Today: Check Latest Silver Prices Per Kg and Gram on 24 June 2026

Silver prices remained unchanged in India on Wednesday. The price of silver stood at Rs 245 per gram, while 8 grams of silver were priced at Rs 1,960. Similarly, 10 grams of silver were available at Rs 2,450 and 100 grams at Rs 24,500. On a larger scale, silver prices held steady at Rs 2,45,000 per kilogram, with no change compared to the previous trading session.

"Gold fell below $4,150 and Silver edged toward $63 as rising Federal Reserve rate hike expectations drove investors into the US Dollar, which hit a one-year high against major peers. Sterling weakened on UK political uncertainty while speculative yen selling continued," said Mr. Prithviraj Kothari, Managing Director at RiddiSiddhi Bullions Ltd., President of IBJA.