Gold Rate in India Up Again! From Rs 9,758 to Rs 10,091 in Week; Check Gold Rates In Bangalore, Mumbai, Delhi

Gold Rate in India: The price of 24 karat gold in India continued its see-saw movement and surged by nearly Rs 540 per 10 gram on Wednesday after declining almost Rs 131 per 10 gram in the last two days. Gold rate volatility was linked to global investors' cautiousness amid geopolitical tensions and trade uncertainty.

Apart from the gold rate in India today, international gold prices remained volatile during the past trading session as investors tracked an escalation of risk in the Middle East and weak US economic data.

Back in India, a rebound in gold rates today is likely to deter the Indian jewellery buyers from purchasing the yellow metal amid the ongoing wedding season. Here are the latest gold rates in India today on Wednesday, June 18.

Gold Rate in India Today

The price of 24 karat gold in India surged by Rs 540 per 10 gram to Rs 109100, similarly the price of 22 karat gold in India rose by Rs 500 to Rs 92500 per 10 gram. The rate of 18 karat gold today (also known as 999 gold) surged by Rs 410 to Rs 75690 per 10 gram. The precious metal has seen a sudden surge in volatility over the past week coinciding with Israel-Iran clashes.

The price of gold in India has surged around Rs 3,330 per 10 gram (for 24 karat gold) over past eight days from Rs 9758 per gram of 24 karat gold to Rs 10091 per gram of gold on June 18.

Silver Rate in India Today

Following gold's trend, the price of silver in India surged to Rs 111 per gram and Rs 111000 per kilogram. Just like its counterpart, silver price in India and across the world is near its all-time high mark amid surge in its demand.

Gold Rate in India Outlook

Hinting at a range-bound to slightly higher movement of gold rate today, Nirmal Bang, in its report, noted, "Gold prices are expected to rise. One can buy at 99100 with a stop loss of 98700 for the target at 99500-99750."

Commenting on the silver price outlook for the rest of the day, the brokerage added, "Silver prices are expected to rise. One can buy at 108500 with a stop loss of 107500 for the target 110000-111000."

Gold Rate in Mumbai, Delhi, Bangalore, And Other Indian Cities

The price of gold in Mumbai, Delhi, Bangalore and other Indian cities surged significantly on Wednesday. While Mumbai and Bangalore gold rates remained the same, Delhi gold rates showed slight variation.

The 24, 22, and 18 karat gold rates in Bangalore, Chennai and Mumbai stood at Rs 10,091, Rs 9250 and Rs 7569 per gram. Meanwhile, Delhi shows a slightly higher rate of ₹10,106 per gram. For 22K gold, most cities report a rate of ₹9,250 per gram except Delhi and Vadodara where it is marginally higher.

Gold has often acted as a hedge against inflation, especially at the time of geopolitical uncertainty and stock market volatility. As the global trade tensions and economic uncertainty has risen to its peak since Donald Trump became the United States President in January, the development also marked the beginning of gold price rally across world. The international gold rates have surged around more than 25% since the beginning of 2025.

The precious metal surpassed the Rs 1 lakh mark for the first time in April this year. Ever since then, the price of gold has continued a see-saw movement and has crossed Rs 1 lakh mark mutiple times.

Disclaimer: The write-up is just for information purposes, and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on article mentioned. Neither, the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.