Jump in Gold Rate Today in India After Major Crash; 24K Rises Rs 29,400 Per 100g in Single Day on 12 June 2026

After witnessing a sharp correction of over Rs 75,000 in just two trading sessions, gold prices in India staged a strong rebound on Friday, June 12, 2026. As per the latest rates, 24 Karat (24K) gold climbed by Rs 294 to Rs 14,858 per gram, while 22 Karat (22K) gold gained Rs 270 to reach Rs 13,620 per gram, signalling a recovery after hitting multi-week lows.

Jump in Gold, Silver Prices Today After Major Crash of Over Rs 75,000

Silver prices also witnessed a sharp surge after remaining unchanged in the previous session. The white metal jumped by Rs 10,000 per kilogram to Rs 2,60,000 per kg, while the price per gram increased to Rs 260.

20% Correction in Gold Rates Amid US-Iran Tension

The recent volatility in precious metals comes amid heightened global uncertainty. Since the outbreak of the Iran conflict, gold has corrected nearly 20% as fears of rising energy costs and persistent inflation have increased expectations that central banks may keep interest rates elevated for longer, reducing the appeal of non-yielding assets like gold.

Gold Rate Today: Check Latest 22K, 24K & 18K Gold Prices on June 12, 2026

24 Karat (24K) Gold Rate Today in India

24 Karat (24K) gold prices witnessed a sharp rebound on Friday, June 12, 2026. The rate of 24K gold increased by Rs 294 per gram to Rs 14,858. For larger quantities, 8 grams of 24K gold was priced at Rs 1,18,864, up by Rs 2,352, while 10 grams rose by Rs 2,940 to Rs 1,48,580. The price of 100 grams of pure gold surged significantly by Rs 29,400 to reach Rs 14,85,800.

22 Karat (22K) Gold Rate Today in India

22 Karat (22K) gold also recorded strong gains after the recent correction in the bullion market. The price of 22K gold climbed by Rs 270 to Rs 13,620 per gram. The 8-gram rate stood at Rs 1,08,960, registering a rise of Rs 2,160, while 10 grams was valued at Rs 1,36,200, higher by Rs 2,700. For bulk purchases, 100 grams of 22K gold was quoted at Rs 13,62,000 after a sharp increase of Rs 27,000.

18 Karat (18K) Gold Rate Today in India

18 Karat (18K) gold prices also moved higher in line with the broader recovery in precious metals. The price of 18K gold rose by Rs 221 to Rs 11,144 per gram. The rate for 8 grams increased by Rs 1,768 to Rs 89,152, while 10 grams gained Rs 2,210 to reach Rs 1,11,440. Meanwhile, the price of 100 grams of 18K gold jumped by Rs 22,100 to Rs 11,14,400.

Silver Rate Today in India: Check Latest Silver Prices Per Kg and Grams on 12 June 2026

Silver prices in India witnessed a strong upward move on Friday, June 12, 2026, after remaining unchanged in the previous trading session. The white metal surged by Rs 10 per gram, taking the retail silver rate to Rs 260 per gram across the country.

For small quantities, 8 grams of silver were priced at Rs 2,080, registering a gain of Rs 80 from the previous day's level of Rs 2,000. Similarly, the price of 10 grams of silver rose by Rs 100 to Rs 2,600.

For larger purchases, 100 grams of silver climbed by Rs 1,000 to Rs 26,000. The most significant jump was seen in the 1 kilogram (1,000 grams) rate, which increased by Rs 10,000 to reach Rs 2,60,000 compared to Rs 2,50,000 a day earlier.

"Technically, gold breached $4,300 (~ Rs 154,000) support, targeting $4,000 (~ Rs 145,000); silver broke below $66 (~ Rs 240,000), eyeing $60 (~ Rs 225,000)," said Mr. Prithviraj Kothari, Managing Director at RiddiSiddhi Bullions Ltd., President of India Bullion and Jewellers Association.

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