Introduction:
Gold prices in India witnessed a mild decline on 26 June 2025, slipping by ₹120 per 10 grams as global factors weighed on bullion demand. The price of 24K gold now stands at ₹71,910, while 22K gold is priced at ₹65,900. The dip in gold rates comes amid a stronger US dollar, steady bond yields, and waning safe-haven demand globally.
This comes after a short-lived rally earlier in the week, as investor focus shifted back to equities and riskier assets following improving economic sentiment and easing inflation concerns.
Gold Price in India Today (26 June 2025):
Purity | Price (INR) | Change |
---|---|---|
24K Gold | ₹71,910 | ▼ ₹120 |
22K Gold | ₹65,900 | ▼ ₹110 |
Silver (1kg) | ₹89,100 | ▼ ₹200 |
Why Did Gold Prices Fall Today?
1. Strengthening US Dollar:
- The US Dollar Index (DXY) moved above 105.6, making gold more expensive for international buyers.
- A stronger dollar typically puts downward pressure on global gold prices.
2. Reduced Safe-Haven Demand:
- Improved investor confidence in equity markets globally reduced the appetite for gold.
- Wall Street's upward movement and easing global tensions contributed to lower bullion demand.
3. Stable Bond Yields:
- US Treasury yields held steady, giving investors better returns compared to non-yielding assets like gold.
- This diverted short-term institutional interest away from precious metals.
4. Commodities Pressure:
- Crude oil and other commodities showed weakness, signaling slowing global inflation.
- As inflation cools, gold's role as an inflation hedge becomes less urgent.
City-Wise Gold Prices in India (24K Gold per 10 grams):
City | Gold Price (INR) |
---|---|
Delhi | ₹71,910 |
Mumbai | ₹71,890 |
Chennai | ₹72,120 |
Kolkata | ₹71,880 |
Bengaluru | ₹71,930 |
Hyderabad | ₹71,920 |
Expert Analysis:
“Today’s dip in gold prices is a natural market reaction to stronger global sentiment and a stronger US dollar. It’s a healthy correction after a short rally.”
— Ankita Rathi, Senior Commodity Analyst
Should You Buy Gold Now?
Despite today’s drop, experts suggest this may be a good opportunity for long-term investors to accumulate gold gradually. Here's why:
- Global uncertainty may return anytime.
- Gold remains a strong portfolio diversifier.
- With upcoming festival season demand in India, prices could pick up again.
Tips for Gold Investors:
- Short-term traders should monitor US economic data and bond movements for direction.
- Long-term investors can use dips like today’s to buy via SIP in digital gold, Sovereign Gold Bonds (SGBs), or gold ETFs.
- Always ensure hallmarked gold with the BIS certification while buying physical gold.
Silver Market Update:
Silver also followed gold’s trend and dropped by ₹200, with 1kg silver now priced at ₹89,100. Industrial demand for silver remains stable, though price pressure persists from a stronger dollar and weak base metals.
What to Expect Next?
The coming days will be important for bullion traders and investors, with key global indicators such as:
- US Personal Consumption Expenditure (PCE) data
- Eurozone inflation numbers
- Central bank commentary from the US and India
Any hint of inflation or policy changes could reverse today’s trend quickly.
Conclusion:
On 26 June 2025, gold prices in India slipped by ₹120 amid global economic stability and reduced safe-haven buying. The yellow metal is still holding above ₹71,900, and despite short-term corrections, it continues to be a valuable asset for long-term wealth preservation. Investors should track international cues closely and consider strategic buying during dips.