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Gold Silver Rate Today June 11: Massive 2-day CRASH In 24k,22k,18k Gold Rate: Check City-Wise Prices
Another huge crash was recorded in the Gold rate in India today, which has now slipped more than 15% below ts March 2026 peak levels.
This is the second consecutive drop in gold rates, and the prices are now down by Rs. 7520 per 10 grams of 24-karat purity. Similarly, the 22-karat gold price fell by Rs. 6900 per 10 grams in the last two days.
On June 10th, the 24K gold price dropped by Rs.213 per gram to Rs.14,564, while the 22K gold rate fell by Rs.195 to Rs.13,350 per gram. Similarly, the 18K gold rate stood at Rs.10,923 per gram, down Rs.160 from the previous session.
For larger quantities, the 24K gold rate per 10 grams is now at Rs.1,45,640, down Rs.2,130, while 22K gold is priced at Rs.1,33,500 after a decline of Rs.1,950.
| Gold Purity | 24K Gold Price | 22K Gold Price | 18K Gold Price |
|---|---|---|---|
| 1 Gram | Rs.14,564 (-Rs.213) | Rs.13,350 (-Rs.195) | Rs.10,923 (-Rs.160) |
| 8 Grams | Rs.1,16,512 (-Rs.1,704) | Rs.1,06,800 (-Rs.1,560) | Rs.87,384 (-Rs.1,280) |
| 10 Grams | Rs.1,45,640 (-Rs.2,130) | Rs.1,33,500 (-Rs.1,950) | Rs.1,09,230 (-Rs.1,600) |
| 100 Grams | Rs.14,56,400 (-Rs.21,300) | Rs.13,35,000 (-Rs.19,500) | Rs.10,92,300 (-Rs.16,000) |
Reason Behind The Gold Rate Crash
The main reason behind the drop in gold rate today is the influence of global market cues which weighed on investor sentiments in the domestic market.
Spot gold was trading lower near $4100 per ounce on Thursday after the US military said it had completed its latest attacks on Iran. The development raised hopes that peace talks between the two countries could resume, easing concerns about further escalation and inflation.
Earlier, the US carried out fresh strikes on Iran after President Donald Trump accused Tehran of delaying negotiations on a temporary peace deal.
"Market sentiment remains cautious amid expectations of tighter US monetary policy. According to CME FedWatch data, markets are currently pricing in more than a 70% probability of a US Federal Reserve rate hike by December, while upcoming US CPI and PPI inflation data could further influence investor sentiment," said Prithviraj Kothari, Managing Director of RiddiSiddhi Bullions Ltd., President of the India Bullion and Jewellers Association (IBJA), and Chairman of the Jain International Trade Organisation (JITO).
From a technical perspective, Kothari noted that gold has broken below the key support level of $4,300 per ounce (around Rs.1,54,000 per 10 grams), potentially paving the way for a decline toward the $4,000-$4,100 range.
Silver has also slipped below the important $66 level (around Rs.2,40,000 per kg), which could trigger further downside toward $60 per ounce (approximately Rs.2,15,000 per kg).
Gold Prices in the last 10 days in india
| Date | 24K Gold Rate (1 Gram) | 22K Gold Rate (1 Gram) |
|---|---|---|
| Jun 11, 2026 | Rs.14,564 (-Rs.213) | Rs.13,350 (-Rs.195) |
| Jun 10, 2026 | Rs.14,777 (-Rs.539) | Rs.13,545 (-Rs.495) |
| Jun 09, 2026 | Rs.15,316 (+Rs.147) | Rs.14,040 (+Rs.135) |
| Jun 08, 2026 | Rs.15,169 (-Rs.104) | Rs.13,905 (-Rs.95) |
| Jun 07, 2026 | Rs.15,273 (No Change) | Rs.14,000 (No Change) |
| Jun 06, 2026 | Rs.15,273 (-Rs.300) | Rs.14,000 (-Rs.275) |
| Jun 05, 2026 | Rs.15,573 (-Rs.38) | Rs.14,275 (-Rs.35) |
| Jun 04, 2026 | Rs.15,611 (-Rs.11) | Rs.14,310 (-Rs.10) |
| Jun 03, 2026 | Rs.15,622 (No Change) | Rs.14,320 (No Change) |
| Jun 02, 2026 | Rs.15,622 (No Change) | Rs.14,320 (No Change) |
MCX Gold Rates & Silver Rates, June 11
Just like the drop in gold prices in the retail market, both gold & silver fell sharply on the MCX in today's rate open. MCX August gold futures prices were trading lower by 0.52% at Rs. 1,47,250 per 10 grams. While the Silver Futures, which are set to mature on July 3rd, were also trading in the red at Rs. 2,34,143 per kg, down by 0.58%.
Gold Prices in your city, June 11
| City | 24K Gold Rate (10 Grams) | 22K Gold Rate (10 Grams) | 18K Gold Rate (10 Grams) |
|---|---|---|---|
| Chennai | Rs.1,47,280 | Rs.1,35,000 | Rs.1,13,100 |
| Mumbai | Rs.1,45,640 | Rs.1,33,500 | Rs.1,09,230 |
| Delhi | Rs.1,45,790 | Rs.1,33,650 | Rs.1,09,380 |
| Kolkata | Rs.1,45,640 | Rs.1,33,500 | Rs.1,09,230 |
| Bangalore | Rs.1,45,640 | Rs.1,33,500 | Rs.1,09,230 |
| Hyderabad | Rs.1,45,640 | Rs.1,33,500 | Rs.1,09,230 |
Disclaimer: The views and recommendations expressed are solely those of the individual analysts or entities and do not reflect the views of Goodreturns.in or Greynium Information Technologies Private Limited (together referred as "we"). We do not guarantee, endorse or take responsibility for the accuracy, completeness or reliability of any content, nor do we provide any investment advice or solicit the purchase or sale of securities. All information is provided for informational and educational purposes only and should be independently verified from licensed financial advisors before making any investment decisions.
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