Gold prices remained largely stable on Friday, June 26, whereas silver rates fell slightly as weakness in international bullion markets weighed on domestic rates. The decline came amid a stronger US dollar and rising expectations that the US Federal Reserve may keep interest rates higher for longer, reducing the appeal of non-yielding assets such as gold.

On the Multi Commodity Exchange (MCX), gold futures rose around 0.49% and were trading near ₹1.44 lakh per 10 grams closed at Friday. Silver futures also witnessed selling pressure, slipping below ₹2.10 lakh per kilogram.

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In the retail market, gold continues to be traded mainly in two purities—24 karat and 22 karat. While 24-karat gold is regarded as the purest form of the precious metal, 22-karat gold is widely preferred for jewellery as it offers greater strength and durability due to the presence of alloyed metals.

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Among major Indian cities, Chennai recorded the highest gold rates, with 24-karat gold at ₹1,43,340 per 10 grams and 22-karat gold at ₹1,31,390 per 10 grams. Silver (999 fine) in the city was quoted at ₹2,29,900 per kilogram.

Delhi was not far behind as 24-karat gold was quoted at ₹1,41,470 per 10 grams, while 22-karat gold stood at ₹1,29,690 per 10 grams. Silver prices in Delhi were ₹2,34,900 per kilogram.

Market participants will continue to track global economic data, US interest rate expectations and currency movements for further direction in precious metal prices.

Check latest gold rates here

Check latest silver rates here

Gold rates at top jewellers

Gold prices at leading jewellery retailers remained largely stable on 26 June 2026, with Joyalukkas and Malabar Gold & Diamonds quoting ₹13,100 per gram for 22-carat gold across major Indian states. Tanishq's 22K gold rate was slightly higher at ₹13,275 per gram, reflecting a premium of ₹175 per gram over the other two jewellers. Malabar's 24-carat gold rate stood at ₹14,291 per gram, while Tanishq's corresponding rate was around ₹14,482 per gram. The marginal differences in retail prices are influenced by brand-specific pricing policies, procurement costs, and regional market conditions, while overall bullion trends continue to guide gold prices.

*24K Tanishq rate estimated based on the prevailing purity premium over 22K gold.

Published on: Jun 26, 2026 9:21 AM IST