2 min readUpdated: Jun 20, 2026 11:14 AM IST
Gold Rate Today: The gold price in India today stands at Rs 14,586 per gram for 24 carat gold, Rs Rs 13,370 per gram for 22 carat gold and Rs 10,939 per gram for 18 carat gold, as per Good Returns.
The price of 24K gold today, June 19, 2026, in India, stands at Rs 14,586 per gram, reflecting a whooping decrease of Rs 365 over that on June 18.
Similarly, the price of 22K and 18K gold currently stands at Rs 13,370 per gram and Rs 10,939 per gram for 18 carat gold, marking a decrease of Rs 335 and Rs 274, respectively, over the prices on June 18 .
Gold prices were headed for a third straight weekly loss, dropping by over 1% on Friday. The government raised the basic customs duty on gold and silver to 10 per cent from 5 per cent.
| Purity | Grams | Today (INR) |
|---|---|---|
| 24 Carat | 10g | Rs 14,586 |
| 22 Carat | 10g | Rs 13,370 |
| 18 Carat | 10g | Rs 10,939 |
By June, the conflict in West Asia took a sharp turn when the US and Iran reached a surprise preliminary peace agreement. The peace agreement was signed on Thursday, June 18, 2026. The two sides have agreed to a memorandum of understanding that prolongs their ceasefire agreement by an additional 60 days.
Amid the constantly developing Middle East situation, investors continue to hold gold as a reliable safeguard against geopolitical uncertainty and instability around the world.
Domestic gold rates fluctuate daily driven by a mix of international prices, local import tariffs, taxes, and currency valuations. Recently, this dynamic was further amplified by geopolitical disruptions, specifically the closure of the Strait of Hormuz. This blockade caused a sharp spike in energy and fuel costs, which directly pushed both gold and silver prices upward alongside crude oil. Now that the blockade has been lifted in Hormuz, oil prices are easing.
