Gold Rate Today in India: 24K, 22K & 18K Gold Prices Advance for Second Day; Check Latest Rates on June 27

The gold rate in India today is rising for the second consecutive session, keeping gold prices higher over the weekend. Over the last five days of this week gold prices have been quite volatile as it recorded a cumulative drop of 3.5% despite the rebound in the two days.

Meanwhile, in the international market, spot gold prices edged higher and traded above $4,000 per ounce. The movement in international gold prices is likely to remain a key factor influencing the gold rate today in India and domestic bullion sentiment.

Gold Rate in India Today, June 27

On Thursday, June 27, the 24-carat gold rates in India jumped by Rs.1200 per 10 grams to cost Rs. 1,43,950. While the 22-carat gold price stands at Rs. 1,31,950 per 10 grams after a rise of Rs 1100. The cheaper variant, 18-carat gold, spiked by Rs. 900 to retail at Rs.1,07,960 per10 grams.

The bigger weight variant of gold also saw the same rise as 100 grams of 24-carat gold rates now retail at Rs 14,39,500, and the 22-carat gold rates per 100 grams now cost Rs 13,19,500

Silver prices in India today

Silver rates in India today observed no movements in prices and 1 kg of silver in India now costs Rs.2,40,000.While 100 g of silver retails in India at Rs. 24,000.

MCX Gold and Silver Prices

"MCX Gold extended its decline in the previous session and formed a large bearish Marubozu candlestick, highlighting strong selling pressure at higher levels. Fresh weakness below the prior two sessions' lows accelerated the downside move, while the prevailing lower-high lower-low formation continues to keep the short-term trend negative, as per a report from Way To Wealth

"Prices are now hovering near the crucial 200-DEMA support zone, a decisive breakdown of which could invite further selling pressure. For the day, the outlook remains negative, with immediate resistance placed near 143,800, while support is seen in the 139,000-136,300 zone. Any pullback towards resistance is likely to attract fresh selling interest. The outlook will require a review only on a sustained close above 145,480, which could signal a weakening of the current bearish structure." The report further mentioned.

City-Wise Gold Rates: Latest 22-Carat & 24-Carat Prices Across India

Here's a look at the latest gold prices for 22-carat and 24-carat gold in major Indian cities on June 27

Gold Price in Chennai

The current 24-carat gold rate in Chennai is Rs. 1,45,860 per 10 grams, while the 22-carat gold price in Chennai stands at Rs. 1,33,700 per 10 grams.

Gold Price in Bangalore

As of today, the 24-carat gold rate in Bangalore is Rs. 1,43,950 per 10 grams, whereas the 22-carat gold rate in Bangalore is Rs. 1,31,950 per 10 grams.

Gold Rate in Hyderabad

The 22K gold price in Hyderabad is Rs. 1,43,950 per 10 grams, while the 24K gold price in Hyderabad is Rs. 1,31,950 per 10 grams.

Gold Price in Mumbai

The 22-carat gold rate in Mumbai is Rs. 1,31,950 per 10 grams, whereas the 24-carat gold price in Mumbai stands at Rs. 1,43,950 per 10 grams.

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