Gold Rate Today (June 20, 2026): Gold prices in India continued their volatile trend on June 20, 2026, following a sharp correction in both domestic and international markets. According to data released by the All India Sarafa Association, the price of 24-carat gold declined by Rs 2,840 to Rs 1,50,600 per 10 grams, inclusive of taxes. Gold futures also saw heavy selling. On the Multi Commodity Exchange (MCX), 24-carat gold futures were trading at Rs 1,47,239 per 10 grams during the morning session, down 1.39 per cent or Rs 2,070 from the previous close of Rs 1,49,309 per 10 grams. According to the Indian Bullion and Jewellers Association (IBJA), the price of 24 carat stood at Rs 1,44,970 per 10 grams. Since bullion markets remain closed on Saturdays and Sundays, rates published on Friday will continue to be applicable over the weekend.
Meanwhile, data from Goodreturns states that the 24 carat gold stood at Rs 1,46,010 per 10 grams.
24K, 22K, 18K Gold Rate In Delhi, Chennai, Mumbai And Other Major Cities
| City | 24 Carat Gold (10 grams) | 22 Carat Gold (10 grams) | 18 Carat Gold (10 grams) |
| Delhi | Rs 146,010 | Rs 133,850 | Rs 109,540 |
| Mumbai | Rs 145,860 | Rs 133,700 | Rs 109,390 |
| Kolkata | Rs 145,860 | Rs 133,700 | Rs 109,390 |
| Chennai | Rs 148,040 | Rs 135,700 | Rs 113,500 |
| Patna | Rs 145,910 | Rs 133,750 | Rs 109,440 |
| Lucknow | Rs 146,010 | Rs 133,850 | Rs 109,540 |
| Kanpur | Rs 146,010 | Rs 133,850 | Rs 109,540 |
| Meerut | Rs 146,010 | Rs 133,850 | Rs 109,540 |
| Ayodhya | Rs 146,010 | Rs 133,850 | Rs 109,540 |
| Ghaziabad | Rs 146,010 | Rs 133,850 | Rs 109,540 |
| Noida | Rs 146,010 | Rs 133,850 | Rs 109,540 |
| Gurugram | Rs 146,010 | Rs 133,850 | Rs 109,540 |
| Chandigarh | Rs 146,010 | Rs 133,850 | Rs 109,540 |
| Jaipur | Rs 146,010 | Rs 133,850 | Rs 109,540 |
| Ludhiana | Rs 146,010 | Rs 133,850 | Rs 109,540 |
| Guwahati | Rs 145,860 | Rs 133,700 | Rs 109,390 |
| Indore | Rs 145,910 | Rs 133,750 | Rs 109,440 |
| Ahmedabad | Rs 145,910 | Rs 133,750 | Rs 109,440 |
| Appearance | Rs 145,910 | Rs 133,750 | Rs 109,440 |
| Vadodara | Rs 145,910 | Rs 133,750 | Rs 109,440 |
| Pune | Rs 145,860 | Rs 133,700 | Rs 109,390 |
| Nagpur | Rs 145,860 | Rs 133,700 | Rs 109,390 |
| Nashik | Rs 145,890 | Rs 133,730 | Rs 109,420 |
| Bangalore | Rs 145,860 | Rs 133,700 | Rs 109,390 |
| Bhubaneswar | Rs 145,860 | Rs 133,700 | Rs 109,390 |
| Raipur | Rs 145,860 | Rs 133,700 | Rs 109,390 |
| Hyderabad | Rs 145,860 | Rs 133,700 | Rs 109,390 |
| Cuttack | Rs 145,860 | Rs 133,700 | Rs 109,390 |
| Kerala | Rs 145,860 | Rs 133,700 | Rs 109,390 |
Why Are Gold Prices Falling?
The decline in gold prices has been driven by a combination of global and domestic factors. Internationally, spot gold slipped to $4,148.45 per ounce, reflecting reduced demand for safe-haven assets. Gold futures on Comex for August delivery also dropped sharply to $4,150.90 per ounce.
The strengthening US dollar has emerged as a major headwind for bullion. Market participants are increasingly betting that US interest rates could remain elevated for longer, making non-yielding assets such as gold less attractive.
According to news agency PTI, Saumil Gandhi, Senior Analyst (Commodities) at HDFC Securities, said that gold prices remained under pressure on Friday as the strengthening dollar is negatively impacting market sentiment. The dollar index has reached a new one-year high. This recent decline is a major departure from the record highs seen earlier this year, and gold is now heading for a third consecutive week of decline. Experts say market sentiment has also been affected by uncertainty surrounding the next phase of the US-Iran peace deal announced earlier this week.
Uncertainty Around US-Iran Talks Adds Pressure
Market experts noted that initial optimism surrounding a potential US-Iran peace agreement has weakened after planned high-level discussions in Switzerland were called off. The development has raised concerns over the implementation of measures aimed at easing tensions and restoring oil flows through the Strait of Hormuz.
The Swiss Foreign Ministry said that talks scheduled for Friday to discuss the next phase of the agreement have been “postponed for the time being.” Experts said that due to these developments, investors are not confident that the peace process will be implemented smoothly.
Gaurav Garg, research analyst at Lemon Markets Desk, said that the strengthening of the dollar on Friday put pressure on gold prices, leading to its decline.