New Delhi/Patna: Gold prices registered a marginal increase on Monday, June 23, while silver prices eased slightly across major Indian markets, according to early market trends and the previous trading session’s closing rates.
The increase in gold prices was modest, with both 24-carat and 22-carat gold gaining Rs 10 per 10 grams. Silver, however, continued its downward trend, slipping by Rs 100 per kilogram.
Despite Monday’s uptick, gold remains approximately 6% below the levels seen at the beginning of June, while silver has corrected by more than 10% during the month.
Gold Prices Rise Marginally
The price of 24-carat gold increased to Rs 1,46,520 per 10 grams, while 22-carat gold was trading at Rs 1,34,310 per 10 grams.
Market analysts attributed the limited movement to cautious investor sentiment and a lack of major triggers in international bullion markets.
Gold Rates (24-Carat, Per 10 Grams)
| City | Today’s Rate (Rs) | Yesterday’s Rate (Rs) | Change |
| Patna | 1,46,570 | 1,46,560 | ▲ 10 |
| Lucknow | 1,46,670 | 1,46,660 | ▲ 10 |
| Ranchi | 1,46,520 | 1,46,510 | ▲ 10 |
| Delhi | 1,46,670 | 1,46,660 | ▲ 10 |
| Mumbai | 1,46,520 | 1,46,510 | ▲ 10 |
| Kolkata | 1,46,520 | 1,46,510 | ▲ 10 |
| Chennai | 1,48,360 | 1,48,350 | ▲ 10 |
Among the cities surveyed, Chennai continued to record the highest gold price.
Silver Extends June Decline
Silver prices moved in the opposite direction, falling by Rs 100 per kilogram to Rs 2,49,900 in most major markets.
The metal has witnessed a notable correction in June, with prices declining by around 10.75% since the start of the month.
Silver Rates (Per Kilogram)
| City | Today’s Rate (Rs) | Yesterday’s Rate (Rs) | Change |
| Patna | 2,49,900 | 2,50,000 | ▼ 100 |
| Lucknow | 2,49,900 | 2,50,000 | ▼ 100 |
| Ranchi | 2,49,900 | 2,50,000 | ▼ 100 |
| Delhi | 2,49,900 | 2,50,000 | ▼ 100 |
| Mumbai | 2,49,900 | 2,50,000 | ▼ 100 |
| Kolkata | 2,49,900 | 2,50,000 | ▼ 100 |
| Chennai | 2,54,900 | 2,55,000 | ▼ 100 |
Chennai remained the costliest market for silver, with rates exceeding those in other major cities by Rs 5,000 per kilogram.
June Trend At A Glance
While daily fluctuations have been relatively small, both metals have experienced notable corrections over the course of June.
| Metal | Current Price | Monthly Trend |
| 24-Carat Gold (10 gm) | Rs 1,46,520 | Around 6% lower than early June |
| Silver (1 kg) | Rs 2,49,900 | Around 10.75% lower than early June |
Bullion traders say precious metal prices continue to be influenced by global economic indicators, central bank policy expectations, currency movements and international demand trends.
For consumers planning jewellery purchases or investments, experts recommend tracking daily price movements and comparing rates across certified dealers before making buying decisions.
