Gold Price Today In India: Check 22kt, 24kt Rates In Your City On June 23

Last Updated:
Gold and silver prices rallied sharply on the first day of the ongoing Israel-Iran war, boosting safe-haven demand.
Gold Prices In India Today, June 23: Gold prices on Monday remained consolidated after touching a record high following US's strikes on Iran's nuclear sites amid the ongoing tensions with Israel. Prices are now hovering in the consolidated range of Rs 1,00,800-1,01,000.
In Mumbai, the price of gold stood at Rs 92,300 per 10 grams for 22-carat and Rs 1,00,690 per 10 grams for 24-carat.
Silver was also trading down at Rs 1,09,900 per kg in the city.
These spot prices do not include making charges and 3% GST.
'Gold prices saw an initial spike following the U.S. strikes on Iran over the weekend but failed to hold those gains, reinforcing the view that the bullion rally may have peaked for now. The yellow metal is probably looking for retaliatory action from Iran before it surges to a new high," argues Aksha Kamboj, v ice President, India Bullion and Jewellers Association and Executive Chairperson, Aspect Global Ventures.
She noted concerns about rising inflation driven by higher oil prices, the prospect of fewer Fed rate cuts in 2025, and more attractive safe-haven alternatives are all weighing on gold despite growing tensions in West Asia.
On June 13, Israel launched a large-scale attack across Iran, targeting key nuclear and military facilities under 'Operation Rising Lion." The strike came a day after the Israel Defense Forces (IDF) issued a warning urging residents of Tehran to evacuate. Israeli Prime Minister Benjamin Netanyahu said the operation aimed to 'roll back the Iranian threat to Israel's very survival," following weeks of rising tensions. This escalation was triggered by Iran's earlier missile and drone attack, which itself was a retaliation for an Israeli strike on its consulate in Damascus.
What Is The Price Of 22kt, 24kt Gold Rates Today In India Across Key Cities?
Gold and silver prices rallied sharply on the first day of the ongoing Israel-Iran war, boosting safe-haven demand. However, the prices are hovering around the same level since then.
Also Read: Gold May See 10% Correction In 2 Months And 30% Fall In A Year, Say Experts
Experts say the gold prices are likely to have peaked out and might see a correction of 10-12 per cent in the next two months.
What Factors Affect Gold Prices In India?
International market rates, import duties, taxes, and fluctuations in exchange rates primarily influence gold prices in India. Together, these factors determine the daily gold rates across the country.
Advertisement
In India, gold is deeply cultural and financial. It is a preferred investment option and is key to celebrations, particularly weddings and festivals.
top videos
View All
With constantly changing market conditions, investors and traders monitor fluctuations closely. Staying updated is crucial for effectively navigating dynamic treds.
About the Author
Varun Yadav
Stay updated with all the latest business news, including market trends, stock updates, tax, IPO, banking finance, real estate, savings and investments. Get in-depth analysis, expert opinions, and real-time updates—only on News18. Also Download the News18 App to stay updated!
tags :
Gold price silver price
Location :
New Delhi, India, India
First Published:
June 23, 2025, 09:58 IST
News business » savings-and-investments Gold Price Today In India: Check 22kt, 24kt Rates In Your City On June 23

Try Our AI Features

Explore what Daily8 AI can do for you:

Learn with AIFact CheckingText to SpeechAI Summary

Related Articles

Hindustan Times

26 minutes ago

• Hindustan Times

Los Angeles Police apologises for ‘offensive and embarrassing' post about US bombings on Iran; Full statement here

Los Angeles Police rushed to remove an odd social media post regarding the Iranian conflict after it was widely condemned as 'offensive' and 'embarrassing.' The tweet has since been deleted, but the LA County Sheriff's Department posted condolences for the 'tragic' US attack on three Iranian nuclear facilities on Sunday. A demonstrator holds a sign during a protest against war with Iran outside the White House in Washington, DC, US, on Sunday, June 22, 2025. The US carried out airstrikes on three nuclear sites in Iran overnight, directly entering Israel's war with Tehran despite President Donald Trump's longtime promises to avoid new foreign conflicts. Photographer: Aaron Schwartz/Bloomberg(Bloomberg) 'Our hearts go out to the victims and families impacted by the recent bombings in Iran. While this tragic event happened overseas, the Los Angeles County Sheriff's Department is closely monitoring the situation alongside our local, state and federal partners,' the post on X read. Social media users slam 'out of touch' post The bizarre post was heavily criticized as 'out of touch'. 'We sincerely hope your account was hacked,' Stop Antisemitism reacted to the post while notifying LA police. 'There were no victims in last night's successful targeting of Iran's nuclear sites.' Another person on X wrote, 'How is this even real??' while a third user blasted the post as 'pathetic.' The tweet comes following protests against Immigration and Customs Enforcement (ICE) that started earlier this month in Los Angeles. As thousands hit the streets to oppose the Trump administration's clampdown on illegal immigration across the US, largely peaceful demonstrations quickly descended into violence. Many people asked why police officers in Los Angeles were making comments about global policy and national defense matters. LA County Sheriffs takes down the post, issues apology The police agency swiftly apologised and removed the message from X. 'This post was unacceptable, made in error, and does not reflect the views of Sheriff Robert G. Luna or the Department,' LA County Sheriffs said in a post. According to the department, they have started an internal investigation to find out how it was posted. Also Read: US Embassy in Qatar sends urgent email to American citizens, issues 'shelter in place' warning amid Iran-Israel tension UN calls for emergency session as US launches strikes on Iran President Donald Trump stunned the world on Saturday night by confirming that three Iranian nuclear sites—Fordo, Natanz, and Isfahan—were destroyed. On Sunday, UN Secretary-General Antonio Guterres started the Security Council's emergency session. The facilities were bombed, which Guterres called a 'perilous turn in a region that is already reeling from the outset of the crisis.'

Time of India

27 minutes ago

• Time of India

'Step down': Iran's exiled 'crown prince' Reza Pahlavi says he's ready to take over, Khamenei will receive fair trial if he resigns

Iran's exiled crown prince Reza Pahlavi called for a regime change. Reza Pahlavi, the exiled son of Iran's last shah, urged Iran's Supreme Leader, Ayatollah Ali Khamenei, to step down now if he wants to get a fair trial, something that Reza said Khamenei never gave to any Iranian. Reza Pahlavi announced that he was ready to take the regime over and he was setting up a new secure platform for dissidents and internal opponents of the regime to coordinate their efforts to overthrow the disctatorrshio and put the country on the path of a "free and democratic" future. 'We are a proud, ancient and resilient people,' Pahlavi told a press conference in Paris on Monday. 'To my compatriots: This is our moment. I am with you. Let us build this new Iran together.' 'I am here today to submit myself to my compatriots to lead them down this road of peace.' 'This is our Berlin wall moment' Pahlavi said he has spoken with people across Iran and realized that this is Iran's Berlin Wall moment. "But like all moments of great change, it comes fraught with danger. We stand at a crossroads. One road leads to bloodshed and chaos. The other—to a peaceful and democratic transition," he said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Free P2,000 GCash eGift UnionBank Credit Card Apply Now Undo The destruction of the Natanz, Isfahan and Fordow has diminished the regime's domestic nuclear enrichment, he said. "But it does not diminish the regime's intent to acquire and use nuclear weapons. The regime, enraged and emboldened, will be seeking revenge and can acquire nuclear weapons from other rogue regimes like North Korea," he said. Reza Pahlavi offered his plan for transition and national renewal based on three core principles: Iran;s territorial integrity, individual liberties and equality of all citizens, and separation of religion and state. "We have already launched the Iran Prosperity Project (IPP) , a comprehensive plan for the economic reconstruction and social stabilization of our country in three phases. The Emergency Phase of the first 4-6 months, the Establishment Phase of 18-24 months, and the Normalization Phase which is long term," he said. Reza Pahlavi pushes for regime change; US unsure While the exiled crown prince pushed for a regime change in Iran, the US is not certain of what it wants. Vice President JD Vance categorically said the US is not in a war with Iran and is not attempting regime change in Iran. But President Donald Trump contradicted that claim and said if the current regime in Iran is unable to 'Make Iran Great Again', then why there would not be a regime change. "It's not politically correct to use the term, 'Regime Change', but if the current Iranian Regime is unable to Make Iran Great Again, why wouldn't there be a Regime Change? MIGA!!!" Trump posted on Truth Social.

Time of India

28 minutes ago

• Time of India

Trump joins Iran war: US bombs nuke sites-But did the Ayatollah just win?

AI image for representation only. At 2:00am Tehran time, American B-2 bombers unleashed the most direct attack on Iran since the Islamic Republic was founded in 1979. Three nuclear sites-Fordo, Natanz, and Isfahan-were pummeled with over 75 precision-guided munitions and Tomahawk missiles in a campaign US President Donald Trump claimed 'completely and totally obliterated' Iran's nuclear infrastructure. But the impact wasn't only military. It was psychological. It was political. And it was, perhaps, paradoxical. Why it matters Trump's dramatic decision to bomb Iran's nuclear facilities may have delivered a powerful message to Tehran but also an unintended gift: strengthening Supreme Leader Ayatollah Ali Khamenei and his regime that was increasingly isolated, domestically unpopular, and weakened by years of internal dissent. Trump's move, aimed at crushing Iran's nuclear ambitions and demonstrating American might, also reshaped the internal dynamics of the Islamic Republic. In the face of foreign aggression, even Iranians who oppose the regime found themselves rallying behind the flag - handing Khamenei a rare nationalist boost at a time of political fragility. A group of prominent Iranian civil society figures - long-time critics of the regime - condemned the attacks, calling them 'detrimental to the human rights and democracy-seeking efforts of Iranian civil society.' by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Envie de tuer le temps sur l'ordinateur ? Ce jeu de l'an 2025 est un must ! Forge Of Empires Jouer Undo The big picture The US military, led by B-2 bombers and Tomahawk missiles, struck three major Iranian nuclear facilities: Fordo , Natanz, and Isfahan. These facilities were at the heart of Iran's uranium enrichment program. Trump declared 'monumental damage' to the sites, writing on Truth Social that the deepest damage occurred 'far below ground level. Bullseye!!!' Israel followed up with its own barrage, including strikes on missile sites and suspected command centers in Tehran, Kermanshah, and Bushehr. But satellite imagery and expert assessments tell a more complicated story: while Iran's nuclear infrastructure took a hit, much of its enriched uranium and centrifuges may have been relocated ahead of the attack. The road to Fordo The nuclear facility at Fordo was built deep in a mountain, out of reach of most conventional weapons-except America's 30,000-pound bunker-buster bombs. Trump deployed them for the first time in combat, declaring the target a 'bullseye.' Satellite imagery showed gaping craters at the site. But what about what was inside? Iranian officials, including those from the Atomic Energy Organization, claimed their most enriched uranium had already been moved. Intelligence experts can't confirm the extent of underground damage, and some believe Iran's nuclear assets are now more dispersed-and harder to target-than ever. 'This is an incomplete strike,' Jeffrey Lewis, a weapons expert and professor at the Middlebury Institute of International Studies, told AP. 'If this is all there is, here's what's left: the entire stockpile of 60% uranium, which was stored at Isfahan in tunnels that are untouched,' Lewis added. What they're saying 'Mr Trump, the gambler, you may start this war, but we will be the ones to end it,' declared Iranian military spokesman Ebrahim Zolfaqari. Trump doubled down on social media: 'If the current Iranian Regime is unable to MAKE IRAN GREAT AGAIN, why wouldn't there be a Regime change???' Richard Haass, president emeritus of the Council on Foreign Relations, told CNN: 'This never would have happened had they had nuclear weapons … They may now sprint toward one.' Zoom in The nationalist reflex Trump triggered is deeply rooted in Iran's modern history. Since the CIA-backed coup in 1953 that toppled a democratically elected government, suspicion of foreign interference - especially from the US - has been a defining theme in Iranian politics. Even during the recent mass protests against the clerical regime, few demonstrators called for Western intervention. That ethos flared again after the strikes. A mural in Tehran was repainted recently: the American flag, with stars replaced by skulls and stripes as falling bombs, towers over a main boulevard. The 'Death to America' slogan remains etched into public spaces. The result: a regime many Iranians despise was suddenly able to posture as the protector of the nation. Between the lines There's a profound irony in the timing. Before the attack, Tehran's regime faced growing unrest. The once-vibrant reform movement had long since faltered. Crackdowns on protests in cities and small towns had turned many Iranians against their rulers. Trust in the ballot box was gone. Ayatollah Khamenei - aging and reportedly nominating his own successors - was presiding over a brittle system. But by launching military strikes on Iranian soil, the US - and Israel - allowed the Islamic Republic to reclaim a narrative it had lost: that of resisting imperial aggression. This sentiment is not just theoretical. In practice, it has meant increased government control, tighter censorship, and the silencing of opposition voices - now easier to justify under the guise of national defense. The intrigue The attack has sparked geopolitical ripple effects far beyond Iran: Russia: Hosting Iranian officials, Moscow warned of 'Pandora's box' being opened by US aggression. The UN: Secretary-General António Guterres feared a 'rathole of retaliation.' Global oil markets: Prices surged to their highest levels since January amid fears of wider conflict. What Trump wanted vs. what he got: Trump aimed to eliminate Iran's nuclear capability, deter future threats, and perhaps even force a regime change. He invoked strength, promising peace through overwhelming power. But what he may have achieved Reigniting anti-American fervor inside Iran. Rallying Iranians around a regime they otherwise loathed. Escalating a conflict that could outlast his presidency - and potentially ensnare the US in another Middle East quagmire. Vice President JD Vance tried to reassure Americans that the US does not seek regime change. But Trump undercut that message himself, posting: 'Why wouldn't there be a Regime change???' What's next Iran's next steps could define the region's future - and Trump's legacy. The regime's military options: Missile retaliation: Already underway with strikes on Tel Aviv and threats against US bases. Strait of Hormuz closure: I ran could throttle one-fifth of the world's oil supply, sparking a global crisis. Proxy attacks: From Lebanon to Yemen, Iran's network of allies could be activated, though many have been degraded by Israel's recent offensives. But there's another, quieter possibility: a dash to the bomb. Experts fear that humiliation on the global stage may convince Iranian leaders that only a nuclear deterrent can ensure their survival. Darya Dolzikova, a nonproliferation expert at the Royal United Services Institute, warned that Iran may have 'already moved' critical nuclear materials to unknown sites. The IAEA has yet to inspect the bombed facilities to confirm the extent of the damage. The bottom line Trump's strikes may have damaged centrifuges, but they didn't decapitate the Iranian regime. Instead, they may have reinvigorated it - uniting a fractured society against a common foreign enemy and setting the stage for a prolonged and dangerous confrontation.