Gold Silver Rate: Gold price dropped due to fall in international market, silver falls from record level
Samira Vishwas June 19, 2025 10:24 PM
New Delhi : International market has recorded a steep fall in gold and silver prices. On Thursday, the gold rate in the bullion market of Delhi, the capital of the country, has fallen by Rs 150. After this decline, the gold rate has been reduced to Rs 1,00,560 per 10 grams. This information has been given by the All India Bullion Association.
In the last trade session, gold with 99.9 percent purity was closed at Rs 1,00,710 per 10 grams. On Thursday, gold with 99.5 percent purity fell by Rs 150 to Rs 99,800 per 10 grams.
In addition, the silver rate also fell by Rs 1,000 to Rs 1,07,200 per kg from the record level. On Wednesday, the rate of silver reached the high level of Rs 1,08,200 per kg. At the global level, the spot gold fell with a slight decline to $ 3,365.90 an ounce.
On Wednesday, the Federal Reserve has placed the interest rates as of forecast and revised its economic estimates for the US monetary policy approach. The American markets and banks will remain closed on Thursday to commemorate ‘Junintith’.
In Kotak Securities, AVP-Joint Research Kayanat Chanwala has said that the gold rate went below $ 3,390 an ounce due to the federal reserve’s decision to keep the interest rate from 4.25 to 4.50 percent without any change without any change.
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According to LKP Securities vice-president Research Analyst Jens and Mudra Jatin Trivedi, the reaction of the US Federal Reserve led to a fluctuating gold rate due to the reaction of the US Federal Reserve, indicating not cutting the repo rate immediately. Trivedi said that after the aggressive stance of the Federal Reserve, the ongoing geopolitical tension between Iran and Israel provides security to gold. The spot silver fell 1 percent to $ 36.37 an ounce.
