Bullion markets in India saw largely steady gold and silver prices on June 13, 2026, with minor fluctuations across major metropolitan areas. Despite ongoing geopolitical tensions in West Asia and mixed signals from the US dollar impacting global markets, precious metals maintained their value, reflecting cautious investor sentiment and consistent domestic demand.
As of Friday, June 13, 2026, the retail price for 24-carat gold hovered around ₹14,908 per gram, while 22-carat gold was priced at approximately ₹13,665 per gram. Silver, a key industrial metal, traded near ₹2,60,000 per kilogram in the domestic market.
Factors Influencing Bullion Prices
Gold and silver rates in India are shaped by several dynamic factors. These include international bullion market trends, the fluctuating exchange rate between the Indian Rupee and the US Dollar, prevailing import duties, and seasonal demand for jewellery, particularly during wedding and festive seasons. Local taxes, transportation expenses, and jewellers' margins also contribute to city-specific price variations.
Silver's valuation is notably more sensitive to global manufacturing trends and industrial demand compared to gold, making it prone to higher volatility during periods of economic uncertainty. Despite this, silver continues to trade at elevated levels, supported by both industrial consumption and investment interest.
City-Wise Gold Prices (per gram on June 13, 2026)
- Delhi: 24K at ₹14,923 | 22K at ₹13,680
- Mumbai: 24K at ₹14,908 | 22K at ₹13,665
- Kolkata: 24K at ₹14,908 | 22K at ₹13,665
- Chennai: 24K at ₹15,120 | 22K at ₹13,860
City-Wise Silver Prices (per kilogram on June 13, 2026)
- Delhi: ₹2,60,000
- Mumbai: ₹2,60,000
- Kolkata: ₹2,60,000
- Chennai: ₹2,70,000
MCX Futures Market Update (June 12, 2026 Closing)
On the Multi Commodity Exchange (MCX), futures for precious metals closed with slight gains on the previous trading day, June 12, 2026.
- Gold (August futures): Settled at ₹1,50,343 per 10 grams, showing a 0.95% increase.
- Silver (July futures): Surged by 1.69% to close at ₹2,43,700 per kilogram.
Analysts note that traders are maintaining a cautious stance, awaiting further global macroeconomic signals, currency movements, and geopolitical developments that are expected to influence the future trajectory of precious metal prices.