Gold Rate Drop: Latest 24, 23, 22, 18, and 14 Carat Gold Rates
A significant gold rate drop has been recorded, with prices across multiple purities decreasing as of June 17, 2026. Silver prices also saw a decline. Investors are advised to monitor official IBJA rates, which exclude GST and making charges.
Highlights
- •The 24-carat gold price decreased by Rs 558, settling at Rs 150,105 per 10 grams.
- •Silver prices experienced a decline, falling by Rs 744 to reach Rs 248,435 per kilogram.
- •The 22-carat (916) gold purity saw a price reduction of Rs 511 per 10 grams.
- •Reported IBJA rates for gold and silver do not include GST or making charges.
Recent market movements have triggered a notable gold rate drop, impacting precious metal prices across various purities. Investors and consumers tracking the Multi Commodity Exchange (MCX) have observed a general downward trend in the valuation of both gold and silver as of Wednesday, June 17, 2026. This shift reflects the ongoing volatility often seen in the bullion market.
According to the latest data provided by the Indian Bullion and Jewellers Association (IBJA), the price of 999 purity gold has decreased to Rs 150,105 per 10 grams. This marks a reduction from the previous level of Rs 150,663, representing a price decline of Rs 558. These adjustments are vital for those planning to invest in physical gold or assess their existing portfolio holdings during this period of market correction.
Detailed Breakdown of Current Gold and Silver Pricing
The gold rate drop is not limited to 24-carat gold alone; it has influenced various purity levels currently available in the market. Prospective buyers should carefully review these updated figures before finalizing any transactions, keeping in mind that these rates typically exclude additional costs such as GST and making charges.
The revised pricing structure is as follows:
24-carat (999) gold is now valued at Rs 150,105 per 10 grams, following a reduction of Rs 558. Meanwhile, 23-carat (995) gold has seen a decrease of Rs 556, bringing its rate to Rs 149,504 per 10 grams. Furthermore, the popular 22-carat (916) gold experienced a dip of Rs 511, settling at Rs 137,496 per 10 grams.
For those interested in lower purity options, 18-carat (750) gold fell by Rs 418 to reach Rs 112,579 per 10 grams. Additionally, 14-carat gold prices adjusted downward by Rs 327, now standing at Rs 87,811 per 10 grams. Alongside these changes in gold, silver prices have also faced a depreciation, falling by Rs 744 to Rs 248,435 per kilogram.
These market fluctuations highlight the importance of staying updated with real-time financial reporting. Because precious metal markets are highly sensitive to global and domestic economic shifts, consumers are encouraged to consult current IBJA figures regularly. Understanding how the gold rate drop affects different carat levels can assist individuals in making more informed decisions regarding their personal financial strategies and jewelry purchases in this evolving economic climate.
