Gold Rates Give a Sudden Shock

Gold prices in India, which had been declining for the past week, witnessed a sharp reversal on June 9 due to rising international rates. In Hyderabad’s bullion market, 24-carat gold (10 grams) rose by ₹1,470 to reach ₹1,53,160, while 22-carat gold increased by ₹1,350 to ₹1,40,400. Silver prices remained stable at around ₹2.7 lakh per kilogram in the city.

Across India, gold prices increased by an average of ₹1,450. In Chennai, 24-carat gold stood at ₹1,54,910 per 10 grams, while 22-carat gold rose to ₹1,42,000. In Mumbai, 24-carat gold was priced at ₹1,53,160 and 22-carat gold at ₹1,40,400. In Delhi, 24-carat gold climbed to ₹1,53,310, while 22-carat gold reached ₹1,40,550.

In the international market, gold prices rose by 0.6% to cross $4,330 per ounce (31.10 grams). Silver, however, declined by 1% and is trading around $67 per ounce. Global trends continue to influence domestic bullion prices.

Note: Before buying gold, make sure to check today’s price. Track market trends and purchase at the right time.