Gold continued its upward trajectory on 12 June, driven by global cues such as cooler U.S. inflation data and safe-haven inflows.
This sentiment spilled over into domestic markets, with physical gold prices rising across India. Here’s a close look at the figures and trends.
Gold Today Rate
🔍 National Gold Price Snapshot (Per Gram)
According to GoodReturns, India-wide rates are:
- 24K gold: ₹9,928 (+₹88)
- 22K gold: ₹9,100 (+₹80)
- 18K gold: ₹7,446 (+₹66)
These gains reflect a broader rally over recent days, supported by global uncertainties and investor demand
🏙️ City‑Wise Price Breakdown
Here’s how individual cities stack up today:
Delhi
- 24K: ₹9,943/g (+₹88)
- 22K: ₹9,115/g (+₹80)
- 18K: ₹7,458/g (+₹65)
Mumbai
- 24K: ₹9,928/g
- 22K: ₹9,100/g
- 18K: ₹7,446/g
Chennai
- 18K: ₹7,415/g (yesterday: ₹7,360)
- 22K: ₹9,020/g
- 24K: ₹9,928/g
Kolkata & Bangalore (and most metros)
- 24K: ₹9,928/g
- 22K: ₹9,100/g
- 18K: ₹7,446/g
Note: Slight variations may exist depending on jeweller margins, GST and TCS applicability.
📊 Why Prices Are Rising
- Global Factors
- U.S. inflation data fell short of expectations, boosting gold futures by ~1.5%, with MCX gold futures trading at ₹98,127/10g—an increase of ₹1,423 from the previous day economictimes.
- Continued geopolitical concerns and speculation around Fed rate cuts are further propelling demand .
- Domestic Influences
- Strong local demand, especially in key cities, is supporting firm prices candere.com.
- The Indian Bullion Jewellers Association (IBJA) continues to set benchmark rates, influencing retail prices.
🛒 Best Time to Buy or Invest?
For Jewellery Buyers
- Marginal daily changes (₹65–₹88 per gram) suggest holding off for a day or two may not yield major savings.
- However, big-ticket purchases should consider festival seasons or specific jeweller discounts.
For Investors
- The uptick in futures and spot prices suggests a short-term bullish trend .
- If global uncertainties persist, holding onto gold may continue to offer portfolio protection.
🗓️ Short‑Term Trend & Outlook
- Over the past two days, gold has seen consecutive gains:
- 24K gold: ₹9,840 → ₹9,928 (+₹88)
- 22K gold: ₹9,020 → ₹9,100 (+₹80)
- MCX futures opened bullish today, reflecting a strong domestic outlook economictimes
- Watch key global updates, especially U.S. inflation reports and Fed commentary, which could sharply influence prices again.
📌 Key Takeaways
| Parameter | 24K (₹/g) | 22K (₹/g) | 18K (₹/g) |
|---|---|---|---|
| National Average | 9,928 | 9,100 | 7,446 |
| Delhi | 9,943 | 9,115 | 7,458 |
| Mumbai, Kolkata, Metro* | 9,928 | 9,100 | 7,446 |
* Includes Chennai, Bangalore, Kolkata etc.
✅ Conclusion
On 12 June 2025, gold prices across India continued their modest ascent amid supportive global trends and robust local demand. Whether you’re buying jewellery or investing, staying vigilant about international economic signals—especially from the U.S.—is key.
If you’re a jewellery buyer, consider negotiating making charges rather than waiting for price drops, as gold’s intrinsic rate is already firm. If you’re investing, aligning with central bank actions and inflation trends can be strategic.
Thanks For Reading.