Gold and silver prices are higher on Wednesday while investors remain careful at the first release of US economy data, while tensions in the middle east-waven medical need lapting-down spy. Inside, the golden future of the multi commodity exchange (MCX) has grown at Rs 4 to excellent at Rs 97,361 per 10 grams. Futures silver charged at Rs 410, or 0.39%, up to Rs 1,06,390 per kilogram.
In the international market, gold spot with 0.1% to $ 3,327.91 per ounce, reached a year low. However, US futures of gold, ends 0.3% under $ 3,343.10. Added Spot Silver 0.8% to $ 36.20, while Platinum has rode 2.8% to $ 1,352.96 of $ 1,061.01.01.01.
According to Manoj Jain, director of India Nevesh, “gold and silver rebound between index
GLOBAL CUES: Gold in press pressure despite safety appeal
Despite the geopolitical hazards and macroeconomic uncertainty, gold prices struggle to keep upward momentum. “The factors that are often driving gold do not push new highs,” said Daniel Pavilonis, Senior Market Strategist in Rjo Futures. “The passage now seems more than down – it can hit $ 2,900 when tensions don’t grow in the middle of the east.”
Market sentiments also influenced the comments from the Chaanger Reserve Reserve Chair Jerome Powell, who was repeated that the FED does not rush to cut the rate unless the pressure of the rate is except for inflationary pressure. He added that the rate cuts can come as soon as the inflation will continue to be controlled. The market is currently looking forward to a rate cut in September.
Wall Street Indexes, including S & P 500 and Nasdaq, keep their rally, surrounding record fields. Investors have already been waiting for fresh US data including GDP, job numbers, and Personal Conscriptural expenders (PCE) Fed Price indicators
The weak dollar dollars, rupee gets the ground
The dollar index dropped a 39-month low, setting up 97.29-down 0.28% -As US consumer firmly down 93.0 against those expectations of 99.4. The weak data of housing and adding concerns about a potential shrinkage is also pressed by greenback. USD-INR Futures for June 26 ended higher than 86.08 in NSE, up to 0.01%.
Indian Rupee has been strengthened, helped fall into the world’s energy prices, a rebound in domestic equity markets, and a weak dollar index. Analysts expect Rupee to trade between 85.55 and 87.80 this week.
Technical Outlook: Support and resistance to level
Wanted to want to stay easy to stay more than $ 3,240 per ounce on a weekly closing basis. The key level of support appears at $ 3,309 and $ 3,284, while resistance is expected at $ 3,366 and $ 3,388. In MCX, gold support is at Rs 97,000-96,600, with resistance at Rs 97,750-98,100.
Silver has a support of $ 35.80- $ 35.55 and resistance at $ 36.40- $ 36.74 in international. In MCX, silver support is found at Rs 1,05,000-1,04,400, while resistance is located at Rs 1,06,400.
Nivesh Nivesh recommends the purchase of gold to the dips around Rs 97,000 with a stop loss of Rs 96,600 for a nearby target of Rs 97,800.
As merchants recovers for high economic impact, market resentment is likely to continue, which keeps gold and silver-focused for investors who navigate uncertainty.
The price of gold gold (per gram on June 26, 2025):
CITIES | 24k | 22k |
Mumbai | Rs 9,895 | Rs 9,020 |
Delhi | Rs 9,910 | Rs 9,085 |
Chennai | Rs 9,895 | Rs 9,020 |
Kolkata | Rs 9,895 | Rs 9,020 |
Bengaluru | Rs 9,895 | Rs 9,020 |
Golden gold in Mumbai:
In Mumbai, the price of 24-carat gold stands at Rs 9,895 per gram, while 22-carat gold sold at Rs 9,070 per gram.
Golden gold in Delhi:
The National Capital recorded 24K Gold at Rs 9,910 per gram, with 22k gold available at Rs 9,085 per gram.
Chennai golden gold:
Chennai gold prices are slightly low, with 24k gold at Rs 9,895 per gram and 22k gold at Rs 9,070 per gram.
Kolkata’s golden price:
In Kolkata, 24-carat of gold is sold at Rs 9,895 per gram, and 22-carat gold sells Rs 9,070 per gram.
Bengaluru gold gold:
Bengaluru saw 24k gold trading at Rs 9,895 per gram, while 22K gold applies to Rs 9,070 per gram.
Pune Gold Price:
Pune saw 24k gold trading at Rs 9,895 per gram, while 22k gold applies to 9,070 per gram.
