PI Global Investments
Silver

Gold And Silver Prices Today On 14 June: Why Are Gold Prices Falling Despite Global Uncertainty? Check 18K, 22K, 24K Gold And 999 Silver Prices In Mumbai, Delhi, Chennai, Kerala and Other Major Cities


Gold And Silver Rates Today, 14 June: Gold prices, after spending months in record-breaking territory, have finally taken a breather. The yellow metal has corrected nearly 13–15% from its peak levels, giving buyers a rare chance to look at gold without immediately checking their wallet twice. While the occasional bounce-back keeps traders on their toes, the broader trend has been softer in recent months. Several global factors are behind the decline. Elevated US interest rates have made interest-bearing assets more attractive than gold, which famously pays no yield. A stronger US dollar has also weighed on international demand, while some central banks and large institutional investors have sold gold to meet liquidity needs during periods of market stress.

For Indian buyers, though, this pullback could be good news wrapped in a gold ribbon. With the festive and wedding season approaching, lower prices may encourage jewellery purchases and gift buying. Long-term investors may also see the correction as an opportunity to accumulate gold at levels below recent highs. After all, when gold steps off its pedestal for a moment, savvy buyers often step in.

Gold Rates Today, 14 June 

Gold prices remained firm in India, with 24-karat gold trading at ₹14,804 per gram and 22-karat gold at ₹13,559 per gram. In the physical bullion market, 24K gold stood at ₹150,900 per 10 grams, while 22K gold was priced at ₹138,325 per 10 grams. The precious metal continues to attract investors amid global economic uncertainty and strong safe-haven demand. Gold rates vary slightly across cities due to transportation costs, local taxes, and regional bullion association policies. Chennai recorded the highest rates among major metros, while Mumbai and Bengaluru remained largely in line with the national average.

You Might Be Interested In

Weight 24K Gold (99.9%) 22K Gold (91.6%) 18K Gold (75%)
1 Gram ₹14,804 ₹13,559 ₹11,101
8 Grams ₹1,18,432 ₹1,08,472 ₹88,808
10 Grams ₹1,48,040 ₹1,35,590 ₹1,11,010
100 Grams ₹14,80,400 ₹13,55,900 ₹11,10,100

Gold Price On MCX, 14 June

MCX Gold futures continued to show strong momentum, with the active August 2026 contract trading at ₹1,50,675 per 10 grams. The contract gained ₹1,743, or 1.17%, from the previous close of ₹1,48,932. During the session, prices moved between a low of ₹1,49,498 and a high of ₹1,51,053, reflecting sustained investor interest. The current gold futures contract is scheduled to expire on August 5, 2026.

Gold Rates In Major Cities Across India Today: City-Wise Gold Rates (Per 10 Grams) – June 14 2026

City 18K Gold Rate (75% Purity) 22K Gold Rate (91.6% Purity) 24K Gold Rate (99.9% Purity)
Ahmedabad ₹1,03,100 ₹1,36,700 ₹1,49,130
Bengaluru ₹1,11,810 ₹1,36,650 ₹1,49,080
Bhopal ₹1,11,810 ₹1,36,650 ₹1,49,080
Chandigarh ₹1,11,960 ₹1,36,800 ₹1,49,230
Chennai ₹1,16,100 ₹1,38,600 ₹1,51,200
Delhi ₹1,11,960 ₹1,36,800 ₹1,49,230
Hyderabad ₹1,11,810 ₹1,36,650 ₹1,49,080
Jaisalmer ₹1,11,810 ₹1,36,650 ₹1,49,080
Jammu & Kashmir ₹1,11,810 ₹1,36,650 ₹1,49,080
Kolkata ₹1,11,810 ₹1,36,650 ₹1,49,080
Lucknow ₹1,11,960 ₹1,36,800 ₹1,49,230
Mumbai ₹1,12,965 ₹1,38,068 ₹1,50,620
Noida (NCR) ₹1,11,960 ₹1,36,800 ₹1,49,230
Pune ₹1,11,810 ₹1,36,650 ₹1,49,080

Key Highlights

  • Chennai recorded the highest gold prices among major cities, with 24K gold at ₹1,51,200 per 10 grams.
  • Mumbai reported 24K gold at ₹1,50,620 per 10 grams and 22K gold at ₹1,38,068 per 10 grams.

Gold Rates Today (June 14 2026), Prices per 10 grams. Rates may vary slightly based on local taxes, jeweller premiums, and making charges.

Silver Rates Today, June 14 

The national benchmark price for 999 purity fine silver stood at ₹2,46,604 per kilogram, while 999 purity 24-karat gold was priced at ₹1,47,800 per 10 grams. A purity level of 999 indicates that the metal contains 99.9% pure precious metal, with only minimal alloy content. Gold and silver continue to attract investor interest as safe-haven assets amid global economic uncertainty. These benchmark rates serve as key indicators for bullion traders, jewellers, and investors tracking movements in the precious metals market.

Weight Unit 999 Fine Silver Rate 999 24K Gold Rate
1 Gram ₹246.60 ₹14,780
8 Grams ₹1,972.80 ₹1,18,240
10 Grams ₹2,466.04 ₹1,47,800
100 Grams ₹24,660.40 ₹14,78,000
1 Kilogram ₹2,46,604.00 ₹1,47,80,000

Silver Rates In Major Cities Across India Today

City-Wise Silver Rates (Per 1 Kg | 999 Fine Bullion)

City-Wise Silver Rates Today (999 Fine Silver)

City Silver Rate (₹ per kg)
Ahmedabad ₹2,46,600
Bengaluru ₹2,46,500
Bhopal ₹2,46,500
Chandigarh ₹2,46,700
Chennai ₹2,47,900
Delhi ₹2,46,750
Hyderabad ₹2,47,570
Jaisalmer (Rajasthan) ₹2,46,500
Jammu & Kashmir ₹2,46,500
Kolkata ₹2,46,850
Lucknow ₹2,46,700
Mumbai ₹2,47,180
Noida (NCR) ₹2,46,750
Pune ₹2,46,600

Key Highlights

  • Chennai recorded the highest silver price at ₹2,47,900 per kg.
  • Hyderabad followed closely at ₹2,47,570 per kg.
  • Mumbai silver rates stood at ₹2,47,180 per kg.

Silver Rates Today (June 14 2026): Prices are indicative retail rates and may vary slightly depending on local taxes, dealer premiums, and market conditions.

FAQs on Gold Jewellery Pricing

Q1. How is the price of gold jewellery calculated?
Gold jewellery price = Gold Value + Making Charges + 3% GST.

Q2. How do I calculate the gold value?
Multiply the jewellery weight by the current gold rate.
Example: 10g × ₹13,600 = ₹1,36,000.

Q3. What are making charges?
Making charges are the labour and craftsmanship costs added by the jeweller. They are usually 5%–25% of the gold value or a fixed amount per gram.

Q4. Is GST applicable on gold jewellery?
Yes. A 3% GST is charged on the total of the gold value and making charges.

Q5. What is the difference between 24K, 22K, and 18K gold?

  • 24K Gold: 99.9% pure
  • 22K Gold: 91.6% pure
  • 18K Gold: 75% pure

Q6. How can I avoid overpaying for gold jewellery?
Check the BIS Hallmark and HUID code, verify the weight, ensure gemstone weight is excluded from the gold weight, and compare making charges across jewellers.

Q7. Why do gold prices differ between cities?
Gold rates may vary due to local taxes, transportation costs, and regional bullion association pricing.

Q8. What should I check before buying gold jewellery?
Confirm the purity, weight, making charges, GST, and BIS Hallmark certification before making a purchase.

(With Inputs From Goodreturns)



Source link

Related posts

Avino Silver & Gold Mines (TSX:ASM) Is Down 13.3% After Q1 Profit, Revenue Rise – What’s Changed

D.William

Merlin Rocket Craftinsure Silver Tiller at Whitstable Yacht Club

D.William

The Best Silver Bars to Buy for Investors in 2024

D.William

Leave a Comment