Gold Today Rate, 20 June

Adarsh

Gold Prices Today in Indian Cities – June 20, 2025

gold prices today
Gold price today

In India, gold prices today  is more than a metal. It’s emotion. It’s tradition. It’s investment. It is also that one thing our parents would tell us never goes out of fashion. Gold prices is always considered a safe choice of betting whether it is a wedding, a festival or planning what to do in future.

In other words, having the gold price in your city prior to making a purchase/investment? Not only it is smart, but it is necessary.

It is time to jump into the rates of gold in the big Indian cities and figure out all you want to know about what is influencing the price, how to improve your decision making procedure, and what tales are waving people around in their choices in cities such as Mumbai, Delhi, Hyderabad, etc.

Part 1: Why Gold Continues To Dominate Indian Hearts

Gold prices today is treated as heirloom in most Indian families. It is regarded as a backup measure of emergency, a marriage requirement and a pleasure and lucky bangle.

That is why gold still shines:

Cultural Value: It is significant in weddings, religious festivals (such as the Dhanters, Akshaya Tritiya) and religious holidays.

Financial Reserve: Selling or Mortgaging is easy in hard times.

A Appreciation of Price: Gold prices today has hugely appreciated in the past ten years.

Liquidity: Gold can be easily liquidated by loaning at most of the banks, jewelers or finance companies.

It can be a single bangle or it can be a set of bars stashed in a locker, gold brings relief of the mind.

Part 2: The current rates of gold today June 20, 2025

Prices of gold vary every day. The interdependence depends much on the world market, the changes of currencies, as well as even political tensions.

22 carats and 24 carats rates (per 10 grams) today are as follows:

City 22 Carat 24 Carat
Mumbai ₹ 93,200 ₹ 1,01,100
Delhi ₹ 92,800 ₹ 1,00,700
Bengaluru ₹ 92,500 ₹ 1,00,500
Chennai ₹ 92,600 ₹ 1,00,500
Hyderabad ₹ 92,700 ₹ 1,01,100
Kolkata ₹ 92,500 ₹ 1,00,500

Note: These prices may slightly vary based on local stores and making charges.

Part 3: What Affects Gold Prices today in India?

  1. Global Market: If gold prices go up in the U.S. or Dubai, Indian prices follow.

  2. Currency Exchange: A weak rupee means gold gets more expensive for Indian importers.

  3. Government Taxes: Import duties or GST impacts the final rate.

  4. Local Demand: During wedding seasons or festivals, prices often spike due to increased demand.

  5. Geopolitical Events: Conflicts or uncertainties push investors toward gold as a “safe haven.”

Part 4: City-wise Gold Trends – A Closer Look

Let’s explore how different cities respond to gold trends:

Mumbai – The Benchmark City

Mumbai often reflects national trends. It has massive trading hubs like Zaveri Bazaar. Investors, jewelers, and wholesalers track international cues closely. Slight price drops today may encourage more bulk buying.

Delhi – Premium Capital Pricing

In Delhi, rates are slightly higher due to demand and transportation costs. Popular areas like Karol Bagh and Chandni Chowk see high footfalls, especially close to marriage season.

Chennai – The Cultural Gold Giant

Chennai has deep-rooted gold traditions, especially during Pongal or Navratri. Today’s steady price might bring more footfall in places like T Nagar.

Hyderabad – Steady & Strong Market

Known for antique and temple-style jewelry, Hyderabad often sees consistent demand. Jubilee Hills and Abides are hotspots for gold buying.

Kolkata – Traditional but Price-Savvy

With strong preference for 22-carat gold, Kolkata buyers usually compare prices carefully before buying. Burra bazar and Bow bazar stay busy during rate drops.

Bengaluru – Smart Investor Crowd

The IT capital balances aesthetic jewelry with investment purchases. Price-conscious buyers tend to wait for drops before making large purchases.

Part 5: What to Know Before You Buy Gold prices Today

Here are a few important tips if you’re considering buying gold prices today:

1. Know the Purity

Look for BIS hallmark—it’s your guarantee of purity.

2. Making Charges Matter

Most jewelers charge 8% to 25% extra for making. Always ask:

3. Ask for a Detailed Bill

Ensure the bill includes:

This helps in future resale or loan purposes.

4. Buy From Trusted Jewelers

Brands like Tanishq, Malabar, Kalyan, Senco, and PC Jeweller offer better accountability. But local jewelers may offer better designs and pricing, just make sure they’re BIS-certified.

Part 6: Real Stories From Real Buyers

Anjali from Mumbai (wedding shopping)

“We waited for a ₹500 drop last week, and it helped us save nearly ₹10,000 overall. We locked the rate with our jeweler.”

Ramesh from Hyderabad (investor)

“I keep track every day. I bought 50g last month and plan to add more today since it’s below ₹101,000.”

Sita from Delhi (working woman)

“I prefer 24-carat coins. Easy to store, and I don’t worry about making charges. I buy 5 grams every month.”

Part 7: Should You Buy Today or Wait?

Here’s a quick checklist:

Your Situation Suggested Action
Wedding/festival in 1–2 months Buy now (rates are decent)
Long-term investment  Buy in parts (sip strategy)
Selling gold  Wait for price bounce
Daily investor  Track for another dip

Part 8: Historical Price Snapshot (Last 7 Days)

Date 24 Carat/10g
Jun-14 ₹ 1,01,600
Jun-15 ₹ 1,01,700
Jun-16 ₹ 1,01,300
Jun-17 ₹ 1,01,400
Jun-18 ₹ 1,01,100
Jun-19 ₹ 1,01,300
Jun-20 ₹ 1,01,100

Slight dip today, could be an opportunity for buyers.

Part 9: What’s Next? Price Predictions

Analysts suggest:

Always buy with a long-term perspective. Timing the market is hard, even for experts.

Part 10: Alternatives to Physical Gold

If you’re more into digital options, consider:

These require no storage, offer easy selling, and can be good for regular investors.

Part 11: Today’s Market Shift – What Caused the Drop?

On June 20, 2025, gold prices in India saw a notable dip—around ₹600 per 10 grams—bringing 24-carat rates down to ~₹10,048/gm and 22-carat to ~₹9,210/gm. This movement was driven by several linked events:

Gold prices declined on June 20 after US Fed kept its interest rates unchanged and tensions between Israel and Iran escalated. Gold’s August contracts on the Multi Commodity Exchange of India (MCX) opened at Rs 98,847 per 10 grams today.

Let’s check the latest prices of 10 grams of 22 carat and 24 carat gold in major cities of the country on June 20:

CityPrice of 24k gold

Price of 22k gold Delhi Rs 1,00,630/10g

Rs 92,250/10gMumbai Rs 1,00,480/10g

Rs 92,100/10gChennai Rs 1,00,480/10g

Rs 92,100/10gKolkata Rs 1,00,480/10g

Rs 92,100/10gBengaluru Rs 1,00,480/10g

Rs 92,100/10gJaipur Rs 1,00,630/10g

Rs 92,250/10gLucknow Rs 1,00,630/10g

Rs 92,250/10gHyderabad Rs 1,00,480/10g

Rs 92,100/10gAhmedabad Rs 1,00,530/10g

Rs 92,150/10g

(According to data on Good Returns)

“Gold’s prices rally took breather this week on profit-booking, after U.S. Fed’s hawkish comments on interest rates and easing geo-political risk premium following reports that U.S. President Donald Trump likely decide on entering the Iran-Israel war in two weeks – leaving some room for Iran to negotiate on its nuclear program,” said Pranav Mer, Vice President, EBG – Commodity & Currency Research, JM Financial Services.

Also read: In 2025, platinum has outrun gold and silver with a near 49 percent rally to hit a decade high

“Geopolitical developments added to market uncertainty, as President Trump floated the idea of meeting with Iran over the Iran-Israel conflict, and Russian President Putin expressed readiness for substantive peace talks with Ukraine. There is still no resolution on the Israel and Iran and the war like situation continues however expectations of an ease off is weighing on prices. US weekly jobless claims also was reported lower than expectations giving a jerk to prices,” said Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services.

Also read: Silver extends rally to hit fresh all-time high, gold loses shine: What lies ahead? Disclaimer: The views and investment tips expressed by experts on Money control are their own and not those of the website or its management. Money control advises users to check with certified experts before taking any investment decisions.

  • Geopolitical risk: Though tensions between Israel and Iran intensified, the safe-haven demand from India was offset by profit-taking

The combined effect: a regular correction in a year-long upward trend.

Part 12: Trend Tracker – 6‑Month Winning Streak?

Gold has been climbing gradually for the past six months, up roughly 3%, and almost touching a pattern not seen since May 2002

This doesn’t just signal resilience—it highlights growing acceptance of gold as a cushion against inflation and uncertainty. Yet every streak sees rest phases where prices adjust and consolidate—and we’re clearly in one now.

Part 13: How International Moves Shape Indian Prices

  • Dollar strength: A firm dollar makes gold costlier globally, indirectly pressuring Indian import prices.

  • U.S. interest rates: As long as rates stay high, the opportunity cost of holding non-yielding gold increases.

  • Supply & demand shifts: Central banks and funds have been adding to gold reserves even as retail demand surges during India’s festival-wedding season .

In short, Indian rates mirror both global forces and local buying trends.

Part 14: Expert Strategies for Buyers & Investors

 “Buy on Dips” Approach

Market voices suggest purchasing gold during today’s dip—ideally in the ₹98,800–99,000 per 10 gm range—with careful stop-loss (₹98,400 area) and short-term targets around ₹99,500/10g.

Gold rates declined in the domestic futures market in intraday trade on Friday (June 20), even as tensions between Israel and Iran escalated further, and the US dollar declined after the US Federal Reserve Chair Jerome Powell’s hawkish tone. MCX Gold August 5 contracts traded 0.56 per cent lower at ₹98,777 per 10 grams around 4:45 PM.

The Israel-Iran war has entered the second week, with both countries bombing each other. According to a Reuters report, Israeli Prime Minister Benjamin Netanyahu said on Thursday that while Israel’s military actions are not aimed at toppling Iran’s leadership, such an outcome could be a consequence of the ongoing conflict.

According to media reports, Israel bombed nuclear targets in Iran on Thursday, and Iranian missiles hit an Israeli hospital overnight. The Iranian Revolutionary Guard Corps (IRGC) has vowed to intensify attacks against Israel.

Fears are mounting that tensions between the two countries could escalate into a major crisis, with the active involvement of the US and other countries.

Meanwhile, White House Press Secretary Karoline Leavitt on Thursday (June 19) said President Donald Trump will decide on the US role in the Iran-Israel conflict within two weeks.

While global uncertainty is positive for gold prices, waning hopes of rate cuts from the US Federal Reserve seem to be weighing on gold prices.

Fed Chair Powell said inflation may rise over the summer as the impact of President Trump’s tariffs reaches US consumers.

Hawkish tone of the Fed dragged the dollar index by nearly 0.40 per cent on June 19.

“Gold prices remain sluggish, as concerns over potential high inflation signalled by the US Federal Reserve have overshadowed the safe-haven demand typically expected during geopolitical tensions like the ongoing Middle East crisis,” Aksha Kamboj, Vice President, India Bullion and Jewellers Association and Executive Chairperson, Aspect Global Ventures, observed.

“Sell the Rises” Outlook

Other analysts recommend prudence. In a volatile environment, any upward movement could be a selling window, not buying opportunity.

Gold Price Outlook

From a technical standpoint, the current setup favors a “Sell on Rise” strategy around the ₹99,000–₹99,150 levels. Here’s why:1. EMA Resistance Levels: The 8-period EMA is currently placed at ₹99,150, and the 21-period EMA is at ₹99,350. Prices are trading well below both averages, signaling a clear short-term downtrend. Any intraday pullback toward these levels is likely to attract fresh selling.2. Bollinger Bands: The price action is hugging the lower Bollinger Band, a typical sign of trend continuation in strong bearish momentum. There’s no indication of mean reversion yet, which suggests that rallies may be limited and short-lived.3. Pivot Points: The previous day’s pivot level near ₹99,200–₹99,350 now acts as a key resistance zone.

 Balanced Advice

For most families:

  • Buy in parts rather than lump sums

  • Mix and match: physical gold + financial gold (ETFs, SGBs)

  • Keep an eye on long-term goals, not daily noise

Part 15: Deep Dive – Physical vs Digital Gold

Physical Gold

Pros:

  • Holds sentimental/resale value

  • Tangible and traditional

  • Easy to borrow against

Cons:

  • Higher costs (making charges, GST)

  • Storage concerns and security risks

Digital Gold & Alternatives

Gold ETFs:

  • Traded on exchanges

  • Low costs, highly liquid

Sovereign Gold Bonds (SGBs):

  • Issued by RBI with interest

  • No storage hassle, but lock-in period

Mobile/digital gold:

  • Convenience of small ongoing purchases

  • Beware of platform fees and purity assurance

Tip: Blend physical and digital as per goals, budget, and comfort.

Part 16: Buyer Stories – Bringing It Home

Shreya in Bengaluru (Bride-to-be)

“Just bought 5g 22k daily—small savings over time. Today’s dip helped me lock in a lower rate.”

Smart move: gradual accumulation with an eye on dips.

 Vikram in Delhi (Investor)

“I sold a bit yesterday. Booked some profit. Watching for a bounce to buy again.”

Classic sell-high, buy-low mindset—keeps risk in check.

 Radha from Chennai (Homeowner)

“We’re giving gold to twins at Pongal—today’s ₹60 dip per gm means bigger savings across 160g!”

Cultural needs meet smart planning—timing pays off in a big way.

 Part 17: What to Watch in the Coming Weeks

Keep a close eye on:

  1. Fed commentary (any hint of rate cuts?)

  2. Dollar–rupee trends

  3. Geopolitical developments (Middle East tensions)

  4. Wedding/festival demand (Akshaya Tritiya, etc.)

  5. MCX futures trends—could signal short-term direction

Part 18: Quick Summary Table

Aspect What It Means
Price status Down ₹600/10g – good dip
Expert views Buy on dips, sell on rise
City-wise 24k/22k rate ~₹10,048/₹9,210 per gm
Physical vs digital Use both: physical for emotion, digital for cost-efficiency
Buying tips Small accumulations, check purity, get bills, compare stores
Next triggers Fed stance, global tensions, seasonal buying

Part 19: Final Reflections

Gold remains more than metal—it’s culture, security, emotion, and aspiration blended together. Today’s drop may feel like a blip in a trusted tradition, but savvy families and investors treat it as opportunity.

  • Planning something personal? Today’s dip is a welcome bonus.

  • Planning an investment stash? The correction is a chance to buy more at a lower cost.

  • Selling soon? You can wait for signs of recovery.

Above everything, keep it human: factor in your need, sentiment, and safety first. Gold is more than wealth—it’s history in your hands.

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