Gold and silver exchange-traded fund (ETF) prices traded lower on June 19, 2026, tracking a sharp decline in domestic and global bullion prices. The weakness in precious metals came amid a stronger US dollar and hawkish commentary from the US Federal Reserve, putting pressure on investor sentiment.
Gold and silver prices on the Multi Commodity Exchange (MCX) also witnessed sharp declines during the session, with silver falling by around ₹7,000 per kg and gold declining by nearly ₹2,750 per 10 grams.
Latest market data showed that silver July futures on the MCX were trading around ₹7,000 lower, or nearly 3%, at approximately ₹2.3 lakh per kg.
Gold August futures were down around ₹2,750, or nearly 2%, at about ₹1.46 lakh per 10 grams.
The weakness in bullion prices has put gold and silver on track for their third consecutive weekly decline.
Nippon Gold ETF declined 2.64% to ₹118.89.
ICICI Prudential Gold ETF fell 2.77% to ₹122.89.
SBI Gold ETF dropped 2.72% to ₹122.53.
HDFC Gold ETF slipped 2.59% to ₹122.83.
Kotak Gold ETF declined 2.88% to ₹119.60.
Nippon Silver ETF fell 5.41% to ₹217.54.
ICICI Prudential Silver ETF declined 5.50% to ₹227.15.
HDFC Silver ETF dropped 5.49% to ₹217.27.
SBI Silver ETF slipped 5.40% to ₹222.66.
Tata Silver ETF lost 5.36% to ₹22.09.
Bullion prices came under pressure as the US dollar strengthened to a 1-year high, making gold and silver more expensive for holders of other currencies.
At the same time, hawkish signals from the US Federal Reserve weighed on precious metals, while lower global market activity due to the Dragon Boat Festival holiday in mainland China and Hong Kong also contributed to subdued trading volumes.
Spot gold was trading at its lowest level since June 11 and was on track for a weekly decline.
Gold and silver ETF prices declined on June 19 as bullion prices weakened on the MCX and in global markets. A stronger US dollar and the US Federal Reserve's policy stance remained key factors influencing precious metal prices during the session.
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Published on: Jun 19, 2026, 12:49 PM IST
Rakesh Deshmukh
Rakesh Deshmukh is a financial content specialist with around 3 years of experience writing impactful content across equities, mutual funds, IPOs, and personal finance. At Angel One, he decodes real-time market trends and breaking news, helping investors and traders stay updated. He also helps investors make informed decisions by simplifying market fundamentals and technical analysis. He holds a bachelor’s degree in commerce.
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