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Gold & Silver Rates Today (25/06/2026) LIVE: MCX Gold Above Rs 1.41 Lakh, Silver Price Jumps Rs 3,900

Gold rates and silver rates in India dropped sharply on June 25, 2026, extending their decline for three consecutive days. 24 carat gold price has nosedived by at least Rs 28,000, while 22 carat and 18 carat gold prices crashed by Rs 21,000 to Rs 26,000. 10 grams gold has reached Rs 1.40 lakh mark.

Meanwhile, MCX gold and silver prices showed mixed trend but stayed under pressure. MCX silver has hit below Rs 1.41 lakh and is currently trading with mild decline. Meanwhile, MCX silver has touched Rs 2.10 lakh per 1Kg mark and is currently trading with mild upside.

Precious metals are in an intense selling pressure throughout June 2026 despite easing tensions in West Asia conflict. This is because of US Fed's hawkish stance and likelihood of rate hikes in 2026. Also, dollar has reached over 1-year high to above 101.50 mark.

The US dollar rose to its highest level in more than a year against a basket of major currencies, making dollar-denominated commodities such as gold costlier for holders of other currencies. Last week, the Fed kept interest rates unchanged but signaled increasing support for tighter monetary policy, with Chair Kevin Warsh indicating his commitment to bringing inflation under control. Markets are now pricing in a possible rate hike in September, with additional increases potentially following before year-end. Those expectations have overshadowed the supportive effect of progress in US-Iran peace negotiations, which has driven oil prices back to pre-conflict levels and significantly reduced inflationary pressures, as per Trading Economics.

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