Major Crash in Gold Rate Today in India; 24K Drops Rs 34,900 in 3 Days: Check Latest 22K, 18K & Silver Prices

Gold rates in India extended their losing streak for a third consecutive session on Saturday, June 6, with the precious metal witnessing a sharp correction after the Reserve Bank of India (RBI) kept the repo rate unchanged at 5.25% in its latest monetary policy review. The weakness in domestic prices also mirrored a steep decline in global bullion markets, where gold recorded its biggest single-day fall in more than two months.

Biggest Drop in Gold Rate in India in 2 Months

On June 6, 24K gold prices dropped by Rs 300 to Rs 15,273 per gram, while 22K gold fell by Rs 275 to Rs 14,000 per gram. The decline has been particularly pronounced over the past three days, with 24K gold tumbling by as much as Rs 34,900 per 100 grams since June 4. Overall, the yellow metal remained under pressure throughout the week as investors reassessed the outlook for interest rates and safe-haven assets.

Silver also continued its downward trend, extending losses for a second straight day. The white metal fell by Rs 10 per gram to Rs 265, while silver prices declined by Rs 10,000 per kilogram to Rs 2,65,000 on Saturday.

The selloff was driven largely by developments in the United States, where stronger-than-expected jobs data reinforced expectations that the US Federal Reserve could keep monetary policy tighter for longer. Robust employment numbers boosted the US dollar and Treasury yields, reducing the appeal of non-interest-bearing assets such as gold and triggering a broad-based decline in precious metal prices across global markets.

Gold Rate Today: Check Latest 22K, 24K & 18K Gold Prices on 6 June 2026

24 Karat Gold Rate Today in India

On June 6, 2026, 24K gold prices in India declined by Rs 300 per gram to Rs 15,273, reflecting continued weakness in the precious metal. For larger quantities, the price stood at Rs 1,22,184 for 8 grams, Rs 1,52,730 for 10 grams, and Rs 15,27,300 for 100 grams, down by Rs 2,400, Rs 3,000, and Rs 30,000, respectively, compared with the previous session.

22 Karat Gold Rate Today in India

22K gold also witnessed a sharp decline on June 6, falling by Rs 275 per gram to Rs 14,000. The price of 8 grams of 22K gold slipped to Rs 1,12,000, while 10 grams was priced at Rs 1,40,000 and 100 grams at Rs 14,00,000. The yellow metal recorded losses of Rs 2,200, Rs 2,750, and Rs 27,500, respectively, across these quantities.

18 Karat Gold Rate Today in India

Meanwhile, 18K gold prices remained under pressure as well. On June 6, 2026, 18K gold fell by Rs 225 per gram to Rs 11,455. The price of 8 grams dropped to Rs 91,640, while 10 grams and 100 grams were valued at Rs 1,14,550 and Rs 11,45,500, respectively. This represented declines of Rs 1,800 for 8 grams, Rs 2,250 for 10 grams, and Rs 22,500 for 100 grams compared with the previous day.

Silver Rate Today, 6 June 2026; Check Latest Silver Prices Per Kg and Gram

Silver prices in India extended their decline on June 6, 2026, with the white metal witnessing a sharp correction across all major quantities. Silver prices fell by Rs 10 per gram to Rs 265, compared with Rs 275 in the previous session.

For retail buyers, the price of 8 grams of silver declined by Rs 80 to Rs 2,120, while 10 grams fell by Rs 100 to Rs 2,650. The decline was even more pronounced for larger quantities, with 100 grams of silver dropping by Rs 1,000 to Rs 26,500.

Meanwhile, silver prices per kilogram (1,000 grams) fell sharply by Rs 10,000, with the metal trading at Rs 2,65,000 on June 6 compared with Rs 2,75,000 a day earlier.

Gold Price Forecast Next Week: Gold, Silver Technical Analysis

"Gold slipped below $4,450, heading for a weekly loss exceeding 2%, as Middle East conflict sustained elevated oil prices, reinforcing inflation fears and Fed tightening expectations......Technically, Gold consolidates between $4,400-$4,600 and Silver within $71.00-$78.50; a buy-on-dips, sell-into-rallies approach is recommended across both metals," said Mr. Prithviraj Kothari, MD at RiddiSiddhi Bullions Ltd., President of India Bullion and Jewellers Association Ltd.

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