Gold and Silver Prices Fluctuate Amidst Middle East Tensions

GG News Bureau
Mumbai, 18th June: Gold and silver prices witnessed fresh changes on Tuesday, with the precious metals reacting to ongoing tensions in the Middle East between Israel and Iran. According to the India Bullion and Jewellers Association (IBJA) website (ibjarates.com), the price of 24-carat gold decreased, while silver rates saw an increase. These rates are expected to remain stable until Wednesday’s market opening, with continuous updates provided throughout the day as prices fluctuate.

As per the IBJA website, the price of 24-carat gold (999 purity) fell to ₹99,147 per 10 grams on Tuesday. Conversely, silver (999 purity) saw its rate climb to ₹109,100 per kilogram.

Gold and Silver Purity Explained

Understanding gold’s purity is crucial when making a purchase. Here’s a breakdown of different carat values and their corresponding purity levels:

  • 24 Carat Gold: 99.9% pure
  • 23 Carat Gold: 95.8% pure
  • 22 Carat Gold: 91.6% pure
  • 21 Carat Gold: 87.5% pure
  • 18 Carat Gold: 75% pure
  • 17 Carat Gold: 70.8% pure
  • 14 Carat Gold: 58.5% pure
  • 9 Carat Gold: 37.5% pure

While 24-carat gold is considered the purest form, it is typically too soft for making intricate jewelry. Therefore, 22-carat gold is commonly preferred for crafting ornaments due to its balance of purity and durability.

Today’s Gold and Silver Rates (June 18, 2025)

Gold Rates by Purity (per 10 grams)

Purity (Gold) Morning Rate (₹) Afternoon Rate (₹) Evening Rate (₹)
999 (24 Carat) 99,147 (Not provided) (Not provided)
995 98,750 (Not provided) (Not provided)
916 (22 Carat) 90,819 (Not provided) (Not provided)
750 (18 Carat) 74,360 (Not provided) (Not provided)
585 (14 Carat) 58,001 (Not provided) (Not provided)

Silver Rate (per kilogram)

Purity (Silver) Rate (₹)
999 109,100

City-wise Gold Prices (per 10 grams) – Today

City Name 24 Carat Gold (₹) 22 Carat Gold (₹) 18 Carat Gold (₹)
Chennai 100,370 92,000 75,750
Mumbai 100,370 92,000 75,280
Delhi 100,520 92,150 75,400
Kolkata 100,370 92,000 75,280
Patna 100,420 92,050 75,320
Jaipur 100,520 92,150 75,400
Lucknow 100,520 92,150 75,400
Gurugram 100,520 92,150 75,400
Ghaziabad 100,520 92,150 75,400
Noida 100,520 92,150 75,400
Ayodhya 100,520 92,150 75,400
Bhubaneswar 100,370 92,000 75,280
Amravati 100,370 92,000 75,280
Hyderabad 100,370 92,000 75,280
Bengaluru 100,370 92,000 75,280
Guwahati 100,370 92,000 75,280
Kerala 100,370 92,000 75,280
Chandigarh 100,520 92,150 75,400
Ahmedabad 100,520 92,150 75,400

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