Gold And Silver Prices Fall On June 18: Check Latest Rates And What's Driving The Decline
Gold and silver prices witnessed a decline on 18 June, 2026, after several days of volatility in the bullion market. Investors and buyers are keeping a close watch on metal prices amid changing global economic and geopolitical conditions. This decline has provided relief to consumers planning to purchase jewellery or invest in precious metals.
As of 18 June 2026, 24 Karat gold is trading at ₹15,100-₹15,230 per gram, whereas 22 Karat gold is trading at ₹13,850-₹13,950 per gram. 18 Karat gold, on the other hand, is trading at ₹11,330-₹11,420 per gram.
As of 18 June 2026, silver is trading at around ₹265 per gram, ₹2,650 per 10 grams, and ₹2.65 lakh per kilogram. Silver prices have seen a significant decline compared to the levels seen earlier this week.
The primary reason behind the decline in the prices of these precious metals is the recent easing of geopolitical tensions following the temporary US-Iran peace agreement. The reduction in global uncertainty has significantly lowered the demand of safe-haven assets like gold and silver, further leading to a fall in the prices of these metals. The decline in the prices of crude oil has also influenced the market sentiments.
Market analysts and investors are closely watching signals from the U.S. Federal Reserve, as expectations of a possible interest rate hike later in 2026 have strengthened the dollar and affected precious metals. Usually, higher interest rates reduce the appeal of non-yielding assets like gold.
Today’s Gold Rates
As of 18 June 2026, 24 Karat gold is trading at ₹15,100-₹15,230 per gram, whereas 22 Karat gold is trading at ₹13,850-₹13,950 per gram. 18 Karat gold, on the other hand, is trading at ₹11,330-₹11,420 per gram.
Today’s Silver Rates
As of 18 June 2026, silver is trading at around ₹265 per gram, ₹2,650 per 10 grams, and ₹2.65 lakh per kilogram. Silver prices have seen a significant decline compared to the levels seen earlier this week.
Major Reason Behind the Decline
The primary reason behind the decline in the prices of these precious metals is the recent easing of geopolitical tensions following the temporary US-Iran peace agreement. The reduction in global uncertainty has significantly lowered the demand of safe-haven assets like gold and silver, further leading to a fall in the prices of these metals. The decline in the prices of crude oil has also influenced the market sentiments.
Impact of U.S Federal Reserve Policy
Market analysts and investors are closely watching signals from the U.S. Federal Reserve, as expectations of a possible interest rate hike later in 2026 have strengthened the dollar and affected precious metals. Usually, higher interest rates reduce the appeal of non-yielding assets like gold.
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