Gold, Silver Prices Today: Rates Stay Near Highs in Delhi, Mumbai, Kolkata on June 19
- 19th June 2026
- 12:00 PM
- 3 min read
Summary
Gold and silver prices held firm across major Indian cities on June 19, with 24K gold trading near ₹1.52 lakh per 10 grams and silver above ₹2.6 lakh per kilogram, even as US markets fell after the Federal Reserve signalled a possible rate hike later this year.Mumbai | June 19, 2026
Gold and silver prices stayed elevated in India on June 19, even as international gold prices came under pressure after the US Federal Reserve held interest rates steady and signalled the possibility of a rate hike before the end of the year. A stronger US dollar typically makes gold costlier for overseas buyers, weighing on international prices. Domestic bullion, however, remained supported by steady investor demand.
What Did the Fed Decide, and How Did US Markets React?
The Fed kept rates at a range of 3.5% to 3.75% on Wednesday, June 17, where they have remained since December. The decision was widely expected and was unanimously supported by the Fed’s voting committee.
In its statement, the Fed’s open market committee said, “Economic activity is expanding at a solid pace despite elevated uncertainty that owes, in part, to the conflict in the Middle East.”
US stock markets fell following the announcement. The Dow closed 500 points lower, while the S&P 500 and Nasdaq each fell more than 1.2% in the same session. This was the first meeting overseen by Kevin Warsh, who took over as Fed chair in May 2026 and has indicated he wants to tighten the Fed’s public communications around future guidance.
Why Are Gold Prices Holding Up Despite This?
Gold has drawn sustained interest through June, with prices ranging between ₹1.46 lakh and ₹1.56 lakh per 10 grams during the month. Silver has also traded at strong levels, holding above ₹2.5 lakh per kilogram domestically.
Both metals continue to attract retail buyers and investors looking to diversify portfolios amid global market uncertainty. Silver has additional support from industrial demand, including use in renewable energy and electronics manufacturing.
Today’s Gold and Silver Rates
City-wise rates for 24K gold, 22K gold and silver on June 19 are as follows.
| City | 24K Gold (₹/10g) | 22K Gold (₹/10g) | Silver (₹/kg) |
| Delhi | 1,52,200 | 1,39,500 | 2,60,000 |
| Mumbai | 1,52,050 | 1,39,350 | 2,60,000 |
| Kolkata | 1,52,050 | 1,39,350 | 2,60,000 |
| Chennai | 1,52,850 | 1,40,100 | 2,65,000 |
| Bengaluru | 1,52,300 | 1,39,600 | 2,60,000 |
| Hyderabad | 1,52,300 | 1,39,600 | 2,65,000 |
Prices may vary slightly across jewellers depending on local taxes, making charges and market conditions.
What Should Buyers Keep in Mind?
Jewellery buyers are advised to compare rates across retailers and factor in making charges, GST and hallmark certification costs before purchasing. Investors continue to treat gold and silver as portfolio diversifiers given ongoing global market uncertainty.
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