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Gold Rate Today, 22 June 2026: 24K at ₹1,47,239 per 10g
Gold opened the week firm. As of 22 June 2026, standard 24K gold is quoting around ₹1,47,239 per 10 grams, while the more popular jewellery-grade 22K gold sits near ₹1,34,969 per 10 grams. Silver is holding a stretched level too, changing hands at roughly ₹2,50,000 per kg. If you are stepping into a showroom this week for a wedding set or stacking a few coins, these are the numbers to anchor on before you start bargaining.
These figures are indicative, pan-India reference rates. The price you actually pay at the counter will be a little higher or lower depending on your city, and considerably higher once tax and making charges are added. More on that below.
Gold rate today at a glance
Here is where the metal stands this morning, before any GST or making charges:
- 24K gold (999 purity): about ₹1,47,239 per 10g
- 22K gold (916 purity): about ₹1,34,969 per 10g
- Silver: about ₹2,50,000 per kg
For quick mental maths, 22K works out to roughly ₹13,497 per gram and 24K to about ₹14,724 per gram today. A single gold coin of 8 grams in 24K therefore carries a metal value of close to ₹1.18 lakh, and that is before the coin's minting premium.
Most jewellery in India is 22K because pure 24K is too soft to hold a setting. Coins, bars and digital gold tend to be 24K. So when a relative says "gold crossed ₹1.47 lakh," they usually mean the 24K benchmark, not the price of the bangle on your wrist.
What is pushing precious metals right now
Gold's strength is not happening in isolation. The rupee is trading weak at around ₹94.5 to the dollar, and since India imports almost all of its gold, a soft rupee inflates the landing price even on days when international gold is flat or easing. That currency drag is doing a lot of the heavy lifting behind these elevated domestic rates.
Global sentiment is the other half of the story. When investors feel nervous about geopolitics, interest-rate paths or equity froth, they rotate into gold as a hedge. Persistent buying by central banks over the past couple of years has kept a firm floor under bullion. Silver, meanwhile, wears two hats: it is part safe-haven metal, part industrial input for solar panels and electronics, so its price often swings wider than gold's in both directions.
The equity backdrop is steady rather than scared. The Sensex is around 76,803 and the Nifty 50 near 24,013, so this is not a panic-buying-into-gold moment. Bitcoin, often pitched as a rival store of value, is quoting near ₹60,75,864. When stocks and crypto are calm, gold's appeal rests more on the weak rupee and steady physical demand than on outright fear.
City rates differ, and here is why
There is no single national price stamped on gold. Rates shift from city to city because of local taxes, transport, dealer margins and how strong demand is in that market. The gap is usually small but real, often ₹100 to ₹700 per 10 grams.
- Mumbai and Delhi typically track close to the national benchmark, since both are major bullion trading hubs.
- Chennai frequently quotes a touch higher, partly due to regional duty structures and strong appetite for higher-purity gold.
- Hyderabad and Bengaluru usually fall in between, moving in step with South India's heavy jewellery buying.
The practical takeaway: always check your own city's rate on the day of purchase. A figure you saw on a national news ticker can be a few hundred rupees off from what your local jeweller will quote.
The price tag is not the price you pay
This is where many first-time buyers get a surprise. The quoted rate is for the metal alone. Two things get added on top:
- GST of 3% on the value of the gold and the making charges.
- Making charges, which can run anywhere from 8% to 25% depending on whether you are buying a plain coin or an intricate, hand-crafted necklace.
So a piece with a metal value of ₹1 lakh can easily cost ₹1.15-1.25 lakh out the door once a 15-20% making charge and GST stack up. Heavily designed jewellery carries the steepest making charges, while coins and bars carry the least. If you are buying primarily as a store of value, lighter designs or plain coins keep more of your money in metal rather than craftsmanship.
A few habits protect you at the counter:
- Insist on hallmarked jewellery carrying the six-digit HUID code.
- Ask for the making charge in writing, and compare it across two or three shops.
- Check the buy-back policy, since deductions on resale can quietly erode returns.
- Keep the invoice; it matters for purity disputes and future resale.
Is this a good time to buy?
The honest answer is that nobody reliably calls the top or bottom of gold. What you can do is buy for the right reason. Here is a balanced read.
The case for buying now. Gold has historically protected purchasing power over long stretches, and a weak rupee tends to support domestic prices even if global gold dips. If you have a fixed need such as a wedding, festival or a long-term allocation, waiting for a perfect dip often costs more in worry than it saves in rupees. Spreading purchases over a few months smooths out the timing risk.
The case for patience. Prices are sitting near elevated levels, and the rally has been long. Buying a large lump sum at a stretched price, then watching a short-term correction, is uncomfortable. If your purchase can wait, staggering it makes sense.
For most readers, a middle path works best:
- Treat gold as 5-15% of your overall portfolio, not the core of it.
- Buy in tranches rather than one big cheque, especially at high levels.
- For pure investment, weigh gold ETFs or digital gold against physical, since they skip making charges and storage worry.
- Buy physical jewellery for use and occasion, not as your main wealth bet.
Silver deserves an extra word of caution. At roughly ₹2.5 lakh per kg, it has had a powerful run, and its industrial demand makes it swing harder than gold. It can reward a strong rally, but it can also fall faster when factory demand softens. Size any silver position to a risk level you can sleep with.
The bottom line for today
Gold and silver are both holding firm levels this Monday, propped up more by a weak rupee and steady physical demand than by any fresh market scare. Today's reference rates sit at ₹1,47,239 for 10g of 24K, ₹1,34,969 for 22K, and ₹2,50,000 for a kg of silver. Remember that the showroom bill will run higher once 3% GST and making charges land, and that your city's rate may differ by a few hundred rupees.
If you are buying for a wedding or a festival, focus on hallmarking and a fair making charge rather than trying to time the market. If you are buying purely to invest, consider staggering your purchase and leaning toward formats that keep more of your money in the metal. Either way, walk in knowing the day's number, and you walk in with the upper hand.
