Gold-Silver Price 24 June: Gold Falls to Two-Week Low, Silver Prices Also Slip; Is This the Right Time to Buy?
Gold Silver Price Today, June 24, 2026: The bullion market witnessed another round of selling pressure on Tuesday as both gold and silver prices declined sharply. The latest correction has pushed gold to its lowest level in nearly two weeks, while silver prices have also weakened significantly.
RJ Kesari News Desk: Gold-Silver Price 24 June: Market experts say that a stronger US dollar and expectations of higher interest rates in the United States have reduced investor interest in precious metals, leading to the latest decline in prices.
Gold and Silver Prices Continue to Slide
The downward trend in the bullion market remained intact during today's trading session. Prices of 24-carat, 22-carat, and 18-carat gold eased across major Indian cities, providing some relief to buyers who have been waiting for a correction after the recent rally.
At present, 24-carat gold is trading around ₹1.45 lakh per 10 grams, while 22-carat gold is hovering near ₹1.32 lakh per 10 grams.
Meanwhile, silver prices have slipped to around ₹2.25 lakh per kilogram, reflecting weakness in the broader precious metals market.
Latest Gold and Silver Rates in Major Cities
New Delhi
- 24K Gold: ₹1,44,550 per 10 grams
- 22K Gold: ₹1,32,504 per 10 grams
- 18K Gold: ₹1,08,413 per 10 grams
- Silver: ₹2,24,700 per kg
Mumbai
- 24K Gold: ₹1,44,710 per 10 grams
- 22K Gold: ₹1,32,651 per 10 grams
- 18K Gold: ₹1,08,533 per 10 grams
- Silver: ₹2,24,630 per kg
Patna
- 24K Gold: ₹1,44,630 per 10 grams
- 22K Gold: ₹1,32,578 per 10 grams
- 18K Gold: ₹1,08,473 per 10 grams
- Silver: ₹2,24,510 per kg
Jaipur
- 24K Gold: ₹1,44,690 per 10 grams
- 22K Gold: ₹1,32,633 per 10 grams
- 18K Gold: ₹1,08,518 per 10 grams
- Silver: ₹2,24,600 per kg
Kanpur
- 24K Gold: ₹1,44,750 per 10 grams
- 22K Gold: ₹1,32,688 per 10 grams
- 18K Gold: ₹1,08,563 per 10 grams
- Silver: ₹2,24,690 per kg
Lucknow
- 24K Gold: ₹1,44,750 per 10 grams
- 22K Gold: ₹1,32,688 per 10 grams
- 18K Gold: ₹1,08,563 per 10 grams
- Silver: ₹2,24,690 per kg
Why Are Gold and Silver Prices Falling?
According to commodity market analysts, the primary reason behind the latest decline is growing speculation that the US Federal Reserve could keep interest rates elevated for a longer period or even consider further tightening if inflation remains stubborn.
Higher interest rates generally reduce the appeal of non-yielding assets such as gold because investors tend to move money toward interest-bearing investments.
At the same time, the US dollar has strengthened against major global currencies, making gold more expensive for international buyers and weakening overall demand.
These factors have combined to put pressure on both gold and silver prices worldwide.
Is This the Right Time to Buy Gold?
The recent correction has sparked interest among retail investors and jewelry buyers who were waiting for prices to cool down.
Many market experts believe that long-term investors may view the current decline as a buying opportunity, especially ahead of the upcoming festive and wedding season. However, short-term volatility cannot be ruled out as global economic data and central bank decisions continue to influence precious metal prices.
Investors are advised to focus on their financial goals, investment horizon, and risk tolerance before making fresh purchases.
What Could Happen Next?
Going forward, gold and silver prices will largely depend on:
- US Federal Reserve policy decisions
- Inflation trends in major economies
- Movement of the US dollar
- Global geopolitical developments
- Demand from key consuming countries
If the dollar continues to strengthen and interest rate expectations remain high, precious metals could face further pressure. However, any signs of economic uncertainty or weakening growth could revive safe-haven demand for gold.