Gold & Silver Rates Today (20/6/2026) LIVE: India Gold Rates Climb After Nearly Rs 57,000 Fall, Silver Flat

Gold rates and silver rates in India have continued to be under pressure after the US Federal Reserve turned hawkish and signaled at least one rate hike in 2026, driving the US dollar to near the 101 mark. Treasury yields also witnessed an uptrend, which further added to the woes of safe haven assets.

MCX gold is currently below Rs 147,500 per 10 grams mark and MCX silver plunged to near Rs 232,700 per 1 kg level. Meanwhile, spot gold reached $4,150 per ounce, and spot silver fell below $65 per ounce. Both spot gold and silver are at their lowest level since June 11. On the contrary, US WTI Crude oil climbed above $77 per barrel and Brent Crude neared $81 per barrel.

Safe haven assets faced intense selloffs due to a stronger dollar and rising interest rate likelihood.

The dollar climbed to a one-year high after the Federal Reserve left rates unchanged but struck a hawkish tone. Nine of the Fed's 19 policymakers now expect at least one rate hike later this year, while markets are pricing in roughly a 70% chance of an increase by September. Higher-for-longer interest rates tend to reduce the appeal of non-yielding assets such as silver while supporting the dollar. Geopolitical uncertainty also remained elevated after Switzerland announced that planned US-Iran talks aimed at ending the Middle East conflict would not take place on Friday, clouding prospects for a lasting peace agreement, as per Trading Economics.

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Jun 20, 2026, 5:59 pm IST

Live Gold Silver Rates Today: MCX Gold & Silver Last Trading Day

MCX Gold closed the current week at Rs 1,47,239 per 10 grams, down by Rs 2,070 or 1.4%. While MCX silver closed the week at Rs 2,32,736 per 1Kg, registering a decline of Rs 4,836 or 2.04% on June 19th alone.

Jun 20, 2026, 5:57 pm IST

Live Gold Rates Today: Kerala Budget 2026: Jewellery Corridor Proposal Could Add Glitter

The project will receive an initial allocation of ₹10 crore from the state budget.
The corridor is expected to develop world-class infrastructure for jewellery manufacturing, refining, logistics, and trading activities.
It seeks to attract domestic and international investment, strengthen exports, and formalize the gold trade ecosystem.
Industry leaders believe the initiative could reduce operational costs, improve supply-chain efficiency, and create significant employment opportunities.
The proposal complements Kerala's broader economic strategy of developing specialized industry clusters and boosting MSMEs. The budget has also earmarked substantial support for small and medium enterprises.

The Kerala government has proposed creating a Global Gold Hub (Jewellery Corridor) in the Kochi–Thrissur belt, a region that already serves as the backbone of the state's gold and jewellery industry. The initiative aims to transform Kerala into a major international centre for gold trade, jewellery manufacturing, exports, and related services.

Jun 20, 2026, 5:55 pm IST

Live Gold Rates Today: New Rules For Gold ETF

Gold and silver ETFs will start with a 6% price band on either side of the base price.
If prices hit the limit, trading will pause briefly (cooling-off period), after which the band can be widened by 3% increments.
Unlike equity ETFs, there is no cap on the number of band expansions for commodity ETFs such as Gold ETFs.

The Securities and Exchange Board of India (SEBI) has introduced a new trading framework for ETFs, including Gold ETFs, that will take effect from 1 September 2026. The main change is the replacement of fixed price bands with dynamic price bands to ensure ETF prices better reflect movements in the underlying assets.

Jun 20, 2026, 1:07 pm IST

Live Gold Silver Rates Today: Outlook For Spot Gold & Spot Silver

Gold broke below ,200 and Silver neared , set for a 4% weekly decline, as Federal Reserve hawkishness overrode the relief rally triggered by the US-Iran peace deal. Lower oil prices and easing inflation offered little comfort against rising rate expectations. The Indian rupee appreciated to a six-week high of 94.2 per dollar, driven by capital inflows and unwinding of long-dollar positions. Domestic gold imports have collapsed to 25–30 metric tonnes monthly from 75–100 metric tonnes, following the import duty hike. Technically, Gold targets ,050–,100 (₹1,43,000–₹1,44,000) and Silver eyes – (₹2,23,000–₹2,25,000) as next support zones: Prithviraj Kothari, Managing Director at RiddiSiddhi Bullions.

Jun 20, 2026, 1:06 pm IST

Live Gold Silver Rates Today: Technical Outlook For MCX Gold & Silver Prices

Technically, ₹145000 remains the key support zone for MCX Gold, while ₹151500 acts as the immediate resistance level. Volatility is expected to remain elevated, with market participants closely tracking US economic data, dollar movement, and geopolitical developments for the next directional trigger: Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities.

Jun 20, 2026, 12:33 pm IST

Live Gold Rates Today: 18 Carat Gold Prices Rises In India

Gram	Price	Change
1	₹10,956	+17
8	₹87,648	+136
10	₹1,09,560	+170
100	₹10,95,600	+1,700

18 carat gold surged by Rs 1,700 to Rs 10,95,600 per 100 grams and 10 grams gold jumped by RS 170 to Rs 1,09,560. Additionally, 8 grams gold advanced by Rs 136 to Rs 87,648 and 1 gram gold is up by Rs 17 to Rs 10,956.

Jun 20, 2026, 12:32 pm IST

Live Gold Rates Today: 22 Carat Gold Prices In India Surges

Gram	Price	Change
1	₹13,390	+20
8	₹1,07,120	+160
10	₹1,33,900	+200
100	₹13,39,000	+2,000

22 carat gold jumped by Rs 2,000 to Rs 13.39 lakh per 100 grams and zoomed by Rs 200 to Rs 1,33,900 per 10 grams. Moreover, 8 grams gold in 22 carat rose by Rs 160 to Rs 1,07,120 and 1 gram gold edged higher by Rs 20 to Rs 13,390.

Jun 20, 2026, 12:32 pm IST

Live Gold Rates Today: 24 Carat Gold Prices In India Jumps

Gram	Price	Change
1	₹14,608	+22
8	₹1,16,864	+176
10	₹1,46,080	+220
100	₹14,60,800	+2,200

24 carat gold rose by 2,200 to Rs 14,60,800 per 100 grams and jumped by Rs 220 to Rs 1,47,080 per 10 grams. Also, 8 grams gold in 24 carat climbed by Rs 176 to Rs 1,16,864 and 1 gram gold is up by Rs 22 to Rs 14,608.

Jun 20, 2026, 8:37 am IST

Live Gold Rates: What Will Happen To Gold If Fed Begins Raising Rates?

Goldman warned that if the Fed actually begins raising rates, demand for gold as a macroeconomic hedge could weaken further, potentially pushing prices down toward ,400/oz by year-end. Gold was trading around ,165–,170/oz when the forecast was revised and was heading for its third consecutive weekly decline. The metal has fallen significantly from its January record high near ,600/oz.

Jun 20, 2026, 8:36 am IST

Live Gold Rates Today: But Goldman Still Bullish Despite Target Cut

Central banks continue buying large amounts of gold, providing structural support for prices.
Gold remains a hedge against geopolitical risks and fiscal concerns.
The bank describes its view as "structurally constructive but tactically cautious"—meaning it sees near-term downside risks but longer-term support.

Despite the forecast cut, Goldman remains bullish over the medium term.

Jun 20, 2026, 8:35 am IST

Live Gold Rates Today: Why Goldman Downgraded Gold?

No Fed rate cuts in 2026: Goldman now expects the first rate cuts only in June and December 2027, pushing back its previous forecast.
Higher rates hurt gold demand: Gold does not generate income, so higher interest rates make competing assets like bonds more attractive.
Lower ETF inflows expected: Goldman reduced its outlook for investment demand through gold-backed ETFs because investors have less reason to buy gold as a hedge against falling rates.
Hawkish new Fed leadership: The first meeting under Fed Chair Kevin Warsh was viewed as more inflation-focused and less supportive of near-term easing, reducing concerns that the Fed might become overly accommodative.

Here are the key reasons why Goldman Sachs downgraded spot gold target.

Jun 20, 2026, 8:34 am IST

Live Gold Rates Today: Goldman Sachs Cut Spot Gold Target

Goldman Sachs has reduced its year-end 2026 gold price forecast from ,400/oz to ,900/oz, mainly because it no longer expects the U.S. Federal Reserve to cut interest rates this year. Instead, the Fed is now seen as staying restrictive for longer, with some policymakers even signaling the possibility of rate hikes.