Gold Prices India, June 24: 18K, 22K, 24K Yellow Metal Prices Fall Again For 2nd Day

Gold prices in India witnessed decline yet again on June 24 after prices fell on June 22, 2024. Meanwhile, US Gold prices rallied on Monday as Treasury yields edged lower investors are looking forward to economic data and comments from Fed Reserve through this week for clarity on the US central bank's timeline on interest rate cuts.

22k gold prices today slipped by Rs 100 to Rs 66,250/10 grams while 100 grams of 22 carat yellow metal prices got cheaper by Rs 1000 to Rs 6,62,500 in India on June 24. 24K gold prices today dived by Rs 150 to Rs 72,230 and 100 grams of 24 carat yellow metal prices today fell by Rs 1500 to settle at Rs 7,22,300 on Monday.

18K precious metal prices today slipped by Rs 80 to Rs 54,210/10 grams and 100 grams of 18 carat gold prices today are quoting Rs 5,42,100 after declining by Rs 800.

According to Reuters, "Friday night saw a pretty significant sell-off due to the strong U.S. dollar. Gold has been hit by that to some extent, even though the markets are sort of edging towards two rate-cuts this year," said Kyle Rodda, a financial market analyst at Capital.com.

"If we continue to see PCE come in on the lower side, it might confirm that the Fed's in a position to potentially lower rates two times this year. And if we get that, then that's going to be a fairly positive thing for gold," Rodda added.

Spot Gold, Spot Silver Prices Today: Spot gold surged 0.2% at $2,324.36 per ounce, as of 0155 GMT. US gold futures gained too by 0.2% to $2,336.70. Spot silver jumped 0.1% to $29.55 per ounce, platinum fell 0.2% at $990.30 and palladium fell 0.1% to $947.50., according to Reuters.

Silver Prices Today: Silver prices in India recorded decline of Rs 300 to Rs 91,700/kg on Monday. 100 grams silver prices today slipped by Rs 30 to Rs 9,170.

22k/10 Grams Gold Price Movement In Last 10-Days In India

Gold price today fell by Rs 100, declined by Rs 800 on June 22, jumped by Rs 750 on June 21, soared by Rs 200 on June 20, stayed unchanged on June 19, slipped by Rs 100 on June 18, declined by Rs 200 on June 17, remained steady on June 16, rose by Rs 600 on June 15, and declined by Rs 250 on June 14.

1kg Silver price India movement in last 10-days

Silver prices today slipped by Rs 300, fell by Rs 2000 on June 22, soared by Rs 1500 on June 21, surged by Rs 1500 on June 20, dived by Rs 500 on June 19, surged by Rs 500 on June 18, remained steady again in India on June 17, stayed unchanged on June 16, jumped by Rs 500 on June 15, declined by Rs 200 on June 14, slipped by Rs 600 on June 13, rose by Rs 800 on June 12, and fell by Rs 1200 on June 11.

1 Gram of 22k Gold prices In 5 Key Metropolitan Cities Of India On June 24, 2024:

Gold Price Chennai: Price of 1 gram of 22 carat of gold price Chennai today is Rs 6,700

Yellow Metal Price Mumbai: Price of 1 gram of 22 carat gold in Mumbai on June 24 is Rs 6,625

Precious Metal Price Delhi: Price of 1 gram of 22 carat yellow metal in Delhi on June 24 is Rs 6,640

Gold Price Kolkata: Price of 1 gram of 22 carat of yellow metal in Kolkata on June 24, 2024 is Rs 6,625

Gold Price Kerala: Cost of 1 gram of 22K gold in Kerala on June 24 is Rs 6,625

Yellow Metal Price Bangalore: Price of 1 gram of 22 carat gold in Bangalore on June 24 is Rs 6,625