Gold and silver prices declined in the Indian bullion market on June 24, 2026, according to News on AIR. 24 carat gold was trading 1.7 per cent lower at 144,330 rupees per 10 grams, while silver was 1.2 per cent down at 223,470 rupees per kilogram a short while ago.
Price Movements
The reported prices represent intraday levels in the Indian bullion market. The percentage declines indicate the change from the previous trading session. Based on the given data, the previous price for 24 carat gold can be calculated at approximately 146,820 rupees per 10 grams, and for silver at approximately 226,200 rupees per kilogram.
| Commodity | Grade | Down % | Current Price | Unit |
|---|---|---|---|---|
| Gold | 24 carat | 1.7% | 144,330 | rupees per 10 grams |
| Silver | - | 1.2% | 223,470 | rupees per kilogram |
The per gram gold price stands at 14,433 rupees, while silver per gram is 223.47 rupees. The decline in gold was steeper than silver in percentage terms, indicating a relatively stronger bearish sentiment for the yellow metal in the domestic market.
Market Context
The Indian bullion market is a key trading hub for precious metals, with prices closely watched by jewellers, investors, and importers. The decline on June 24 comes amid regular price fluctuations in the domestic market, which are influenced by global trends, currency movements, and local demand-supply dynamics. However, the source article does not specify the underlying reasons for this particular price drop.
Implications
For commodity traders and procurement teams, the decline offers a potential buying opportunity if the trend reverses. Investors holding gold and silver positions may see short-term mark-to-market losses. The price data from News on AIR is a timely snapshot for market participants needing up-to-date pricing for decision-making.
The reported levels are intraday and subject to change as trading progresses. The bullion market in India operates with reference to international benchmarks but includes local premiums and taxes. The 1.7% drop in gold and 1.2% drop in silver represent notable single-session moves in the Indian context.
As the day continues, further price movements will depend on trading activity, domestic demand, and any new developments. Market participants should monitor subsequent data releases from the Indian bullion market for confirmation of trends.
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