Gold and silver prices continued to face pressure on June 18, 2025, due to ongoing profit-booking by investors and heightened geopolitical tensions in the Middle East, particularly amid the Israel-Iran conflict. These global uncertainties have kept the precious metals market volatile. Additionally, with the US Federal Reserve’s interest rate decision expected later today, investors have chosen to remain cautious.
Let’s take a look at the latest gold and silver prices in India, key trends, expert advice on investment strategy, and city-wise rates for June 18.
Why Are Gold Prices Under Pressure?
After rallying for months, gold prices slipped today as global investors started booking profits ahead of crucial events. The Israel-Iran tension has raised fears of a major regional conflict in the Middle East, historically a strong driver for precious metals as safe-haven assets.
At the same time, investors are awaiting the US Federal Reserve’s policy announcement, where the expectation is that interest rates will remain unchanged. However, any surprises could further impact global market liquidity and, subsequently, gold and silver rates.
Despite this short-term volatility, gold remains one of 2025’s top-performing assets, having delivered a 31% return year-to-date (YTD).
Gold and Silver Performance Over the Years
Gold has been a stellar performer for Indian investors. Over the last 20 years (2005-2025), gold prices have surged by over 1,200%, rising from ₹7,638 per 10 grams in 2005 to ₹1 lakh per 10 grams in June 2025. Impressively, gold has delivered positive returns in 16 of the past 20 years, solidifying its position as a reliable inflation hedge and safe haven.
Similarly, silver prices have risen by over 668% over the same two-decade period. Currently, silver has maintained levels above ₹1 lakh/kg for the past three weeks, showing resilience despite global uncertainties.
Investment Strategy: What Should You Do Now?
Experts recommend a balanced approach. According to Renisha Chainani, Head of Research at Augmont, “Investors should book partial profits if needed but also continue to buy on dips via SIPs or digital gold if under-invested. Balance is key.”
Given the uncertain global environment and geopolitical risks, gold and silver can act as insurance in your investment portfolio. Instead of lump-sum buying at peaks, staggered investments or Systematic Investment Plans (SIPs) in gold ETFs, sovereign gold bonds (SGBs), or digital gold platforms are safer.
Gold and Silver Prices in Major Indian Cities — June 18, 2025
Here are today’s gold and silver prices city-wise, as of 11:10 AM, according to the Indian Bullion Association (IBA) and Multi Commodity Exchange (MCX):
📍 Mumbai
- Gold Bullion (24k): ₹99,360/10 gm
- MCX Gold: ₹99,411/10 gm
- Silver Bullion: ₹1,09,720/kg
- MCX Silver: ₹1,09,434/kg
📍 Delhi
- Gold Bullion (24k): ₹99,260/10 gm
- MCX Gold: ₹99,411/10 gm
- Silver Bullion: ₹1,09,510/kg
- MCX Silver: ₹1,09,434/kg
📍 Kolkata
- Gold Bullion (24k): ₹99,280/10 gm
- MCX Gold: ₹99,411/10 gm
- Silver Bullion: ₹1,09,660/kg
- MCX Silver: ₹1,09,434/kg
📍 Bengaluru
- Gold Bullion (24k): ₹99,490/10 gm
- MCX Gold: ₹99,411/10 gm
- Silver Bullion: ₹1,09,890/kg
- MCX Silver: ₹1,09,434/kg
📍 Hyderabad
- Gold Bullion (24k): ₹99,630/10 gm
- MCX Gold: ₹99,411/10 gm
- Silver Bullion: ₹1,10,010/kg
- MCX Silver: ₹1,09,434/kg
📍 Chennai
- Gold Bullion (24k): ₹99,760/10 gm
- MCX Gold: ₹99,411/10 gm
- Silver Bullion: ₹1,10,160/kg
- MCX Silver: ₹1,09,434/kg
Note: The actual retail price for consumers may vary due to additional making charges, GST, and local taxes imposed by jewellers.
Final Takeaway: Buy on Dips, Stay Balanced
The overall outlook for gold and silver in 2025 remains positive, with strong historical returns and continued demand during geopolitical tensions. Investors should remain cautious of short-term fluctuations, use corrections as buying opportunities, and avoid overexposure to a single asset.
Keep following market updates regularly, especially during events like the US Fed announcements or any major geopolitical developments, to adjust your strategy accordingly.
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