Gold extended its gains for the fourth consecutive session on Monday, reaching a near two-month high, as escalating tensions between Israel and Iran over the weekend heightened concerns of a wider regional conflict. This drove investors towards safe-haven assets.
As of 0246 GMT, spot gold rose 0.3% to $3,442.09 an ounce, after touching its highest level since April 22 earlier in the session.
However, in India, the gold price was dropping around 0.2%. As of 10:45 AM (IST) in Chennai, 24-carat gold is priced at ₹10,043 per gram, while 22-carat gold costs ₹9,206 per gram. In Hyderabad, the price of 22-carat gold is ₹91,878 per 10 grams, while 24-carat gold is trading at ₹100,230 per 10 grams.
Here is a detailed breakdown of gold prices as of June 16, 2025.
City | 24 Carat Gold (per 10gm in ₹) | 22 Carat Gold (per 10gm in ₹) |
Chennai | 1,00,430 | 92,061 |
Hyderabad | 100,230 | 91,878 |
Delhi | 99,900 | 91,575 |
Mumbai | 100,070 | 91,731 |
Bangalore | 100,150 | 91,804 |
On the other hand, silver prices in India have been seeing a rise of around 0.04%. Here are the latest silver (Silver 999 Fine) rates per kilogram in major Indian cities as of today.
City | Silver Rate (₹/kg) |
Chennai | 107,080 |
Hyderabad | 106,920 |
Delhi | 106,570 |
Mumbai | 106,760 |
Bangalore | 106,840 |
Also Read: How to Get VAT Refund When Buying Gold From Dubai Gold Souk?
While global gold prices surged due to geopolitical tensions, Indian markets saw a slight dip in gold rates. Meanwhile, silver prices edged up marginally. Investors and buyers should stay updated with the latest trends and consider multiple factors, including global market movements and local demand, before making any purchasing decisions.
Since precious metal prices fluctuate frequently, checking real-time rates can help in making informed choices.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Published on: Jun 16, 2025, 10:58 AM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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