Gold Prices In India Fall For Second Day: Check 22kt, 24kt Rates In Your City On June 18, 2025

Gold Prices Today: India, the world’s second-largest gold consumer after China, depends heavily on imports, with recycled gold contributing only marginally. Domestic gold prices are influenced by global market trends and local economic factors. Since gold is traded internationally in US dollars, any change in the exchange rate directly affects prices in India.

Furthermore, steep import duties and a complex tax system drive retail prices even higher. While gold is traditionally viewed as a hedge against inflation, its value also responds to shifts in bond yields and currency volatility. Nevertheless, in times of financial uncertainty, gold remains a reliable store of value and a preferred safe-haven asset for investors.

The current gold rates in Delhi stand at Rs 9,265 per gram for 22-karat gold and Rs 10,106 per gram for 24-karat gold (commonly known as 999 gold).