Gold Price Today: Check Latest 18, 22, 24 Carat City-Wise Rates
Gold prices saw a minor decline today, with MCX futures for 24-carat gold dropping 0.36%. Silver also experienced a slight dip. Investors and buyers are advised to monitor regional rate variations across major cities like Delhi, Mumbai, and Chennai for accurate pricing.
Highlights
- •Gold futures on MCX declined by 0.36%, trading at Rs 152,541 per 10 grams.
- •Silver prices followed the downward trend, falling to Rs 249,199 per kilogram for July delivery.
- •Regional price variations exist, with Chennai reporting higher rates compared to Delhi and Mumbai.
- •The IBJA benchmark rate provides a reference point for physical gold buyers across different purities.
The gold price has experienced a slight downward trend today, June 17, 2026, catching the attention of investors and retail buyers across the nation. Market data from the Multi Commodity Exchange (MCX) indicates that futures for 24-carat gold declined by 0.36%, trading at approximately Rs 152,541 per 10 grams earlier today. This movement follows a previous session close of Rs 153,130.
Market Trends and Gold Price Fluctuations
As of the mid-day session on June 17, gold contracts scheduled for delivery on August 5, 2026, were trading at Rs 152,400, reflecting a decrease of Rs 730 compared to the prior day. While this gold price correction appears relatively modest, it remains a focal point for those monitoring precious metal volatility. Similarly, the silver market has mirrored this trend, with July 2026 delivery contracts seeing a decline of 0.36%, bringing the rate to Rs 249,199 per kilogram.
For physical buyers, the Indian Bullion and Jewellers Association (IBJA) reported the benchmark price for 24-carat gold at Rs 150,663 per 10 grams as of the most recent evening update. These figures serve as a vital guide for consumers looking to navigate current market conditions, whether they are considering jewelry purchases or long-term bullion investment strategies.
City-Wise Gold Rate Breakdown
Market rates for gold continue to vary slightly depending on regional factors and local demand. In Delhi, Lucknow, and Meerut, the rate for 10 grams of 24-carat gold stands at Rs 151,520, with 22-carat gold priced at Rs 138,900 and 18-carat gold at Rs 113,680. Investors in Mumbai and Kolkata are seeing rates of Rs 151,370 for 24-carat gold, Rs 138,750 for 22-carat, and Rs 113,530 for 18-carat gold.
The market in Chennai continues to command a premium, with 24-carat gold reaching Rs 153,380, 22-carat at Rs 140,600, and 18-carat at Rs 117,900. Meanwhile, in Patna, the gold rates are positioned at Rs 151,420 for 24-carat, Rs 138,800 for 22-carat, and Rs 113,580 for 18-carat. These fluctuations highlight the importance of verifying daily rates before proceeding with any significant financial transaction in the bullion market.
