Huge Crash In Gold Rate Today In India, June 19: Gold Prices Hit 4-Day Low as Silver Crashes Rs. 10,000/Kg

Gold rates in India today took their losing streak to the fourth day on Friday, June 19, along with silver prices recording an even sharper decline, as global precious metal markets are under pressure after the US Federal Reserve's latest policy outlook, which hinted that interest rates could stay higher for longer.

In the domestic market, the 24K gold price dropped by Rs. 3,650 per 10 grams to Rs. 1,45,860, while the silver rate today plunged by Rs.10,000 per kilogram to Rs. 2,50,000.

Gold Price Today in India

The 24K gold price today fell by Rs. 365 per gram to Rs. 14,586, while the 22K gold rate declined by Rs. 335 to Rs .13,370 per gram. Similarly, the 18K gold price dropped by Rs. 274 to Rs .10,939 per gram. For larger quantities, 24K gold slipped by Rs. 3,650 to Rs. 1,45,860 per 10 grams, while 22K gold fell to Rs. 1,33,700 per 10 grams, down Rs.3,350. The 18K gold rate for 10 grams also declined by Rs. 2,740 to Rs. 1,09,390. On a 100-gram basis, 24K gold prices dropped by Rs. 36,500 to Rs. 14,58,600, with similar declines across 22K and 18K gold.

Silver Price Today in India, June 19

The silver rate today fell by Rs. 10 per gram to Rs. 250, while 8 grams of silver dropped by Rs. 80 to Rs. 2,000. The 10-gram silver price declined by Rs. 100 to Rs .2,500, whereas 100 grams slipped by Rs .1,000 to Rs. 25,000. The biggest correction was seen in bulk purchases, with the silver price per kilogram tumbling by Rs. 10,000 to Rs. 2,50,000, compared to Rs. 2,60,000 in the previous session.

Silver has had quite an interesting journey over the past few months. At the beginning of 2026, silver prices started surging rapidly due to a sudden spike in demand. However, the rally was short-lived, and silver prices crashed massively and have not recovered to that level again; currently, silver prices are down 36.8% from the Jan 2026 levels. However, in one year, the white metal has added decent value and is now retailing135% higher from the June 2025 level.

Silver Rate City Wise

City	10 Gram	100 Gram	1 Kg
Chennai	₹2,550	₹25,500	₹2,55,000
Mumbai	₹2,500	₹25,000	₹2,50,000
Delhi	₹2,500	₹25,000	₹2,50,000
Kolkata	₹2,500	₹25,000	₹2,50,000
Bangalore	₹2,500	₹25,000	₹2,50,000
Hyderabad	₹2,550	₹25,500	₹2,55,000

MCX Gold & Silver Prices

Gold & Silver Futures in the Multi-Commodity Exchange traded sharply lower on June 19, The August 5, Gold futures contract declined by Rs. 2,126, or 1.42%, to trade at Rs. 1,47,183 per 10 grams at the time of writing.
Meanwhile, the July 3, 2026 Silver futures contract fell by Rs 4,677, or 1.97%, to Rs. 2,32,895 per kg.

Market Outlook Ahead For Gold & Silver

"Gold and silver fell sharply, 2% and 3% respectively, after the Federal Reserve signalled support for rate hikes, with new Fed Chair Kevin Warsh reaffirming the central bank's inflation-control mandate. Markets have fully priced in a rate increase by October, lifting Treasury yields and the dollar. Losses were later erased after President Trump signed an interim deal with Iran, reopening the Strait of Hormuz and lifting sanctions on Iranian oil exports," said Prithviraj Kothari, Managing Director at RiddiSiddhi Bullions Ltd., President of the India Bullion and Jewellers Association Ltd. (IBJA), and Chairman at Jain International Trade Organisation

"Technically, gold holds above $4,300 with resistance at $4,500-$4,550, while if silver trades above $70, it will eye $72-$75, with a break above $78-$80 signalling a stronger bullish move," he further added.

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