Gold and Silver Prices in India Today, 30 June 2026: Gold Rate Falls to ₹1,40,750, Silver Price Drops Below ₹2,18,600 on Weak Global Cues
Gold price today, 30 June 2026: MCX gold fell ₹1,650 to ₹1,40,750 per 10g. Silver price dropped below ₹2,18,600 per kg on weak global cues and rate hike fears. Check city wise rates.
Gold and silver prices fell sharply in India today. MCX gold dropped over ₹1,650, or 1.2%, to trade near ₹1,40,750 per 10 grams. MCX silver fell to trade below ₹2,18,600 per kg. The fall comes from weak global cues, rate hike fears, and a stronger dollar. Gold and silver are now set for a fourth straight month of losses.
Gold and Silver Rate Today in Indian Cities
22K gold is priced around ₹12,845 per gram across most cities. Rates differ slightly due to local taxes and transport costs.
| City | 22K Gold (per 10g) | 24K Gold (per 10g) | Silver (per kg) |
|---|---|---|---|
| Delhi | ₹1,28,450 | ₹1,40,140 | ₹2,18,600 |
| Mumbai | ₹1,28,300 | ₹1,39,980 | ₹2,18,600 |
| Chennai | ₹1,30,300 | ₹1,40,510 | ₹2,40,000 |
| Hyderabad | ₹1,28,300 | ₹1,39,980 | ₹2,18,600 |
| Bengaluru | ₹1,28,300 | ₹1,39,980 | ₹2,18,600 |
| Kolkata | ₹1,28,300 | ₹1,39,980 | ₹2,18,600 |
| Pune | ₹1,28,300 | ₹1,39,980 | ₹2,18,600 |
| Ahmedabad | ₹1,28,750 | ₹1,40,480 | ₹2,18,600 |
| Lucknow | ₹1,28,450 | ₹1,40,140 | ₹2,18,600 |
| Jaipur | ₹1,28,450 | ₹1,40,140 | ₹2,18,600 |
Rates are indicative for 30 June 2026. Jewellery prices add making charges and GST. Chennai shows a higher silver rate today.
Why Gold Price Fell Today
Gold is under heavy pressure today. MCX gold crashed by ₹1,650 to ₹1,40,750 per 10 grams, close to its intraday low of ₹1,40,450. The reason is simple. Global gold prices are weak, the dollar is strong, and markets still expect a US rate hike.
Gold has fallen nearly 12% in the past month alone. Over the full quarter, the drop is close to 15%. Spot gold on Comex is trading below the $4,000 mark, showing weakness across world markets, not just in India.
Why Silver Price Fell Today
Silver has dropped too, but the fall is milder than gold's. MCX silver slipped by ₹800, or 0.4%, to trade near ₹2,18,606 per kg. It touched an intraday low of ₹2,17,333.
Spot silver on Comex fell nearly 2%, hitting its lowest level in seven months. Silver has plunged almost 24% in the past month. This is one of the sharpest monthly falls for the metal this year.
Gold Rate and Silver Rate on MCX Today
| Metal | MCX Price | Change |
|---|---|---|
| Gold (per 10g) | ₹1,40,750 | 🔴▼ Down ₹1,650 (1.2%) |
| Silver (per kg) | ₹2,18,600 | 🔴▼ Down ₹800 (0.4%) |
Comex gold is trading below $4,000 an ounce. Comex silver is also weak, trading below recent support levels. Both metals are under pressure from a stronger dollar and rising US rate hike bets.
What Is Driving Gold and Silver Prices
- Rate Hike Fears: Markets expect the US central bank to raise rates later this year. Higher rates make gold and silver less attractive, since both pay no interest.
- Strong Dollar: The dollar has firmed up, making gold and silver costlier for buyers using other currencies. This is one of the biggest reasons for today's fall.
- Geopolitical Risk Easing: Tensions in West Asia have cooled a bit. This has reduced safe-haven demand for gold, adding to the downward pressure.
- Weak Global Cues: Spot gold and spot silver are both weak on international markets. This is pulling Indian prices lower too.
What This Means for Gold and Silver Buyers
Gold and silver have now fallen for four months in a row. This is a sharp correction after a strong run earlier this year. If you invest for the long term, this fall could be a good time to buy in small parts.
If you need gold or silver soon, it may help to track the news closely. Prices are moving fast right now due to global rate hike worries. Avoid putting in a large amount in one go. Spreading purchases over a few weeks is safer in a volatile market like this.
Always check the BIS hallmark before buying gold. Every item should carry a six-digit HUID code. For silver, check the 999 or 925 purity mark.
Muskaan Kapoor
