On June 15, 2026, gold prices in Chennai, Hyderabad and other Indian cities witnessed a significant surge, driven by a sharp rally in global and domestic bullion markets on Monday.
Spot gold price climbed above $4,300 per ounce, Fueled by fresh news Regarding the USA Iran Peace agreement and Expectations regarding the Federal Reserve stance on interest rate cuts at the upcoming FOMC Meeting.
After Experiencing a sharp decline over the past few weeks, gold price in India are now showing signs of stabilizing. The significant drop in price encouraged customers to return to jewelry shops, thereby boosting demand. Renewed buying interest has provided some support to gold price, helping the preciou Metal recover some of the losses incurred recently.
Gold Rate In Chennai Today
In gold rate in Chennai the price of 24-Carat gold rose by ₹2,290 to reach ₹153,470 per 10 grams, while the price of 22-carat gold increased by ₹2,099 Trading at ₹140,681 per 10 grams.
Gold Rate In Hyderabad Today
Similarly gold prices in Hyderabad also Witnessed a Significant surge in gold prices across all Purity Categorie. The price of 22-carat gold rose by ₹2,255 to ₹138,893 per 10 grams. Meanwhile the price of 24-carat gold increased by ₹2,460 trading at ₹151,520 per 10 grams. Additionally the Price of 18-Carat gold in Hyderabad saw a notable rise of ₹1,845 bringing the cost of the Yellow metal to ₹113,640 per 10 grams. Silver Price in Chennai and Hyderabad Today
Silver Rate Today In Chennai and Hyderabad
Today the price of silver in Chennai and Hyderabad has risen by ₹10,000 per kilogram to reach ₹2,80,000. Meanwhile the price for 100 grams of silver in both cities has climbed to ₹28,000.
MCX Gold & Silver Futures
Gold and silver futures opened on a Positive note during Monday Trading session on MCX India. At the time of writing, the gold futures contract for August 5, 2026, was trading at ₹153,135 per 10 grams, marking a gain of ₹2,605 or 1.73%. Similarly, the silver futures contract for July 2026 rose by ₹5,931 (2.41%) to reach ₹2,52,112 per kilogram.
What is the next target for gold?
Gold and silver price saw a significant surge today, gold was trading at Approximately ₹133,029 per 10 grams and $4,344.20 per ounce, while silver reached ₹215,280 per kilogram and 70.305 per ounce. This rally is driven by the weakening of the dollar following the announcement of a peace agreement between the US and Iran, which has renewed investor confidence in gold and silver as (safe haven assets). Meanwhile crude oil price witnessed a Sharp decline, WTI crude stood at $80.81 Per barrel (approximately ₹7,650) reflecting concerns about potential oversupply amidst geopolitical tensions. According to a Nirmal Bang Report cited by Gaurav Garg, a Research analyst at Lemon Markets Desk, Gold and silver price are Trading higher in the international market today. We expect prices of precious metals to remain elevated in the Indian market as well, following the announcement of an interim agreement between the US and Iran to de escalate hostilitie and reopen the Strait of Hormuz. This development has eased concerns. regarding global inflation and expectations of interest rate hikes.
Disclaimer: The gold and Silver rate Published on Moneymintidea are for informational purpose only and may vary based on the City, jeweler, Making charge and Prevailing Bullion Market Condition. While we strive to provide Accurate and up to date Price Moneymintidea does not guarantee the completeness or accuracy of these rate. All user are advised to Verify price with their Local jeweler before Making any decision regarding the Purchase or investment in gold and Silver. Neither the Moneymintidea team nor its Member shall be held liable for any losses incurred as a result of using this Information.
