
Gold prices today in your city: Check prices in Mumbai, Bengaluru, Chennai, Hyderabad, New Delhi and Kolkata on June 18
Gold and silver prices in your city, June 18:Profit-booking has continued to drag gold prices on June 18, as investors seek to make the most amid the Israel-Iran conflict and ahead of the United States Federal Reserve rate decision later today.
Gold rates slipped in the domestic futures market due to rising tensions in the Middle-East amid fears of the conflict spiralling into a major regional war. There are also widespread expectations that the US Fed will maintain benchmark rates due to heightened geopolitical and tariff-related risks. Both factors remain a key support for the yellow metal.
Experts feel that gold and silver are safe haven investments in a volatile market, but should be incorporated into your portfolio in a strategic manner.
Renisha Chainani, the head of research at Augmont feels that investors should book partial profits if you they have requirements. 'Buy on dips through SIPs or digital gold if you are under-invested. Balanced strategy wins in this market,' she noted.
Over the past 20 years, gold prices have skyrocketed by an impressive 1,200 per cent from ₹ 7,638 in 2005 to over ₹ 1,00,000 in 2025 (till June), and delivered positive returns in 16 of these years. Year-to-date (YTD), gold prices have risen 31 per cent, solidifying its position among 2025's top-performing asset classes and a reliable hedge.
Further, silver has also proved resilient. Prices have held above the ₹ 1 lakh/kg mark for the past three week. Over the past 20 years (2005-2025), the metal has gained a solid 668.84 per cent.
Prices opened higher today at 11.10 am on June 18. The MCX gold index was at ₹ 99,411/10 gm, the official website showed. Meanwhile, MCX silver prices were at ₹ 1,09,434/kg, it showed.
Further, 24-carat gold was priced at ₹ 99,540/10 gm, according to data on the Indian Bullion Association (IBA) at 11.10 am on June 18. Further, 22-carat gold was priced at ₹ 91,245/10 gms.Silver pricestoday are at ₹ 1,09,920/kg (Silver 999 Fine), as per the IBA website.
So, check here gold prices and silver rates in your city today on June 18 — Delhi, Kolkata, Mumbai, Hyderabad, Bengaluru, and Chennai. Notably, for retail customers, jewellers may add making charges, taxes and GST to the bill, which could hike the final price for you.
• MCX Gold rate in Mumbai — ₹ 99,411/10 gm.
• MCX Silver 999 rate in Mumbai — ₹ 1,09,434/kg.
• MCX Gold rate in New Delhi — ₹ 99,411/10 gm.
• MCX Silver 999 rate in New Delhi — ₹ 1,09,434/kg.
• MCX Gold rate in Kolkata — ₹ 99,411/10 gm.
• MCX Silver 999 rate in Kolkata — ₹ 1,09,434/kg.
• MCX Gold rate in Bengaluru — ₹ 99,411/10 gm.
• MCX Silver 999 rate in Bengaluru — ₹ 1,09,434/kg.
• MCX Gold rate in Hyderabad — ₹ 99,411/10 gm.
• MCX Silver 999 rate in Hyderabad — ₹ 1,09,434/kg.
• MCX Gold rate in Chennai — ₹ 99,411/10 gm.
• MCX Silver 999 rate in Chennai — ₹ 1,09,434/kg.
Disclaimer:The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Time of India
13 minutes ago
- Time of India
Israel-Iran war: What are B-2 bombers used by US to strike Iran? Here's why they're key
US Air Force B-2 Spirit bomber (File Photo) The United States formally entered the Israel-Iran conflict, as it bombed three nuclear facilities in Iran early Sunday morning local time. US President Donald Trump, who earlier gave himself a 2-week window to decide on whether to strike Iran or not, announced the air strikes in a post on his Truth Social platform. "We have completed our very successful attack on the three Nuclear sites in Iran, including Fordow, Natanz, and Esfahan. All planes are now outside of Iran air space. A full payload of BOMBS was dropped on the primary site, Fordow. All planes are safely on their way home. Congratulations to our great American Warriors. There is not another military in the World that could have done this. NOW IS THE TIME FOR PEACE! Thank you for your attention to this matter," Trump wrote. Later, in an address to the nation, Trump announced that the US Air Force's B-2 Spirit bombers hit Tehran's nuclear facilities. What are B-2 Spirit bombers? Why were they used? Built by American aerospace firm Northrop Grumman, the B-2 Spirit is more famous as the Stealth. It is capable of entering sophisticated air defenses and conducting precision strikes against hardened targets such as underground nuclear research facilities, like the ones in Iran. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch vàng CFDs với mức chênh lệch giá thấp nhất IC Markets Đăng ký Undo The B-2 is the most expensive military aircraft ever built, as each unit costs about $2.1 billion. It has a range of over 6,000 nautical miles without refuelling, enabling strike capabilities from US continental bases. On the other hand, with aerial refuelling, it can reach virtually any target worldwide. A 2-pilot aircraft, the B-2 has a payload capacity of more than 40,000 pounds, and can thus carry a diverse array of both conventional and nuclear weapons. It is also equipped with large ordnance loads, which could include two GBU-57A/B MOP (Massive Ordnance Penetrator), and a 30,000-pound precision-guided "bunker buster" bomb. The MOP is the largest conventional bomb in the US arsenal, specifically engineered to defeat hardened underground bunkers.


News18
an hour ago
- News18
Sagittarius Horoscope Today, June 22nd, 2025
Sagittarius Daily Horoscope, June 22nd, 2025: Financial caution is key. Avoid impulse spending, stay focused at work, and trust only your own decisions for progress. Sagittarius Daily Horoscope Today, 22nd June 2025: Ganesha says today's financial situation will be harmful to you. You may have to face a loss of money. You will need to pay attention to your financial situation and try to reduce your expenses. You also have to be cautious about your investments and think carefully before making any new investments. Be cautious in work-related discussions and remain influential in your career and business. Move forward with organization and discretion, and improve management skills. Check out your daily horoscope for June 22, 2025 here. Sagittarius Horoscope Today, June 22nd, 2025 Positive: Ganesha says the day will be a bit busy. Don't worry, you will get favorable results according to your hard work. Any decision taken by you will be appropriate. If you are thinking of investing money in any policy, etc., then make a decision immediately. Negative: Sagittarius, expenses may increase due to unnecessary shopping at home. Do not get carried away by anyone's words. The interference of a close relative can create problems in the arrangement of your house. You will be somewhat upset due to any disturbance regarding the future of children. Business: Business work will be completed on time. But instead of expecting others, try to complete the work yourself. Maintain proper relations with your boss and seniors. Any pending government work can be completed today. Love: You will not be able to spend much time with family. But the atmosphere will remain harmonious. Lovers need to respect each other's feelings. Health: Do not be careless in eating. Problems of gas and acidity can increase. Lucky Colour: Red Lucky Number: 6 (The author Chirag Daruwalla is the son of Astrologer Bejan Daruwalla). About the Author Chirag Daruwalla First Published: News astrology Sagittarius Horoscope Today, June 22nd, 2025 Latest News 'We Will End It': Iran Says All Americans In Region Now A Target After US Strikes Its Nuclear Sites World Astrology Aquarius Horoscope Today, June 22nd, 2025 Tech Health Tips To Legal Advice: 5 Things You Should Avoid Asking ChatGPT Astrology Capricorn Horoscope Today, June 22nd, 2025 live Israel-Iran War Live Updates: Trump To Address Nation Shortly After US Strikes 3 Nuclear Sites In Iran latest news


Time of India
2 hours ago
- Time of India
Refunds Dent Net Direct Tax Mopup
India's net direct tax collections declined 1.39% year-on-year to ₹4.58 lakh crore as of June 19 this fiscal, primarily due to a sharp 58% increase in refunds and muted growth in advance tax payments, official data showed. The figure includes ₹1.72 lakh crore from corporate tax and ₹2.72 lakh crore from personal income tax . India Inc's advance tax payments — a barometer of corporate performance and economic outlook — grew 4% year-on-year to ₹1.55 lakh crore. The rate of growth fell sharply from the year-ago period when advance tax collection grew 27% on-year to ₹1.48 lakh crore. Gross direct tax collections stood at ₹5.45 lakh crore, a 5% increase from the same period last year. However, the income tax department issued refunds of ₹86,385 crore until June 19, compared to ₹54,661 crore a year ago, pulling net collections down. 'The revised tax slabs and reduced personal tax rates that came into effect from April 1, 2025, have provided relief to salaried individuals, and this is naturally reflected in lower TDS collections,' said Samir Kanabar, tax partner at EY India. While higher volume of corporate tax refunds may weigh on short-term collection figures, it is also a sign of administrative efficiency, he said. A more balanced picture may emerge in the coming quarters, he added. Officials expect tax collections to catch up to meet the budget targets in the coming quarters even though global uncertainties amid US tariff threats and escalating Israel-Iran conflict may have some impact on corporate sentiments. 'We expect the collections to improve in the coming quarters as more people will file the returns,' a senior official told ET. The Centre has budgeted ₹25.2 lakh crore in net direct tax revenue for FY26, up from ₹22.3 lakh crore in FY25, when collections rose 13.6%, exceeding initial budgeted target. 'For a number of reasons, India finds itself in the position of strength amidst the ongoing global supply chain reset and, therefore, a turnaround in tax collections in next quarters could be quite likely,' said Sumit Singhania, partner at Deloitte India. Finance minister Nirmala Sitharaman is scheduled to engage with principal chief commissioners of the Income Tax Department next week to take stock of zone-wise collection trends and litigation management. The meeting will review age-wise pendency of appeals and push for faster disposal of legacy cases to reduce litigation burden, officials cited above said.