Gold Rate Today: The price of gold has declined for the fourth consecutive day. In big cities like Delhi, Mumbai, Rajasthan, the rate of 10 grams 24 gold is Rs 97,500 22 carat gold above Rs 89,400. The price of gold is steadily declining but silver is trading on new peaks. Silver is trading at Rs 1,09,000 per kg. Learn here today on Wednesday 11 June 2025, what was the price of gold and silver in big cities of the country.
Why is there a steady decline in gold
The biggest reason for the fall in the price of gold is that jewelers and wholesale traders (stockists) are constantly selling gold. When shopping in the market is less, traders start selling gold near them, due to which the prices start coming down. Also, the trade war between the US and China is slightly quiet, causing people to withdraw from investing money in gold. This also reduced the demand for gold and the price declined.
The second reason is that this week, some big figures related to inflation and shopping of people are coming in America. These data will decide whether the government there will cut interest rates or not. If the interest rates decrease, the dollar can become stronger and the price of gold may fall further. Investors have also become cautious due to such signs and are currently distance from gold.
22 and 24 carat gold prices in big cities of the country
Gold prices have declined on Wednesday 11 June. In Delhi, 22 carat gold was Rs 89,590 and 24 carat gold was Rs 97,720 per 10 grams. In Mumbai too, 22 carat gold is being sold at Rs 89,440 and 24 carat gold at Rs 97,570 per 10 grams. In cities like Patna, Lucknow, Jaipur, gold prices are almost in this price range.
City name | 22 carat gold rate | 24 carat gold rate |
Delhi | 89,590 | 97,720 |
Chennai | 89,440 | 97,570 |
Mumbai | 89,440 | 97,570 |
Kolkata | 89,440 | 97,570 |
Jaipur | 89,590 | 97,720 |
Noida | 89,590 | 97,720 |
Ghaziabad | 89,590 | 97,720 |
Lucknow | 89,590 | 97,720 |
Bangalore | 89,440 | 97,570 |
Patna | 89,440 | 97,570 |
Silver became expensive – 11 June 2025
Silver is at Rs 1,09,100 per kg. Today, the price of silver has increased by about 1000 rupees. While the price of another gold is continuously falling, the price of silver is constantly making new peaks of height. Many experts believe that silver will be Rs 1,20,000 by Diwali.
How is the price of gold decided?
Gold prices in India are fixed due to many reasons, such as international market fluctuations, the price of rupee and tax imposed by the government. In our country, gold is not only related to investment but also with traditions and festivals. Especially in weddings and festive season, its demand suddenly increases, due to which prices also go up.
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