Gold Price Today, June 22: Gold prices rose on Monday, as crude oil prices fell after Iran cited progress in US-Iran peace talks, though bets of higher interest rates after hawkish US Federal Reserve signals limited the metal’s gains. In Mumbai, prices of 24K gold surged by Rs 430 to Rs 1,46,660 per 10 grams, while that of 22K jumped to Rs 1,34,450.
MCX gold futures for August 2026 delivery traded at Rs 1,47,703 per 10 grams, gaining 0.34%, at around 10:20 am. Silver prices also edged higher, with MCX silver futures for July 2026 delivery trading at Rs 2,35,468 per kg, up 0.98%.
What Is The Price Of 22kt, 24kt Gold Today In India Across Key Cities On June 22?
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | Rs 1,34,600 | Rs 1,46,760 |
| Jaipur | Rs 1,34,600 | Rs 1,46,760 |
| Ahmedabad | Rs 1,34,500 | Rs 1,46,710 |
| Pune | Rs 1,34,450 | Rs 1,46,660 |
| Mumbai | Rs 1,34,450 | Rs 1,46,660 |
| Hyderabad | Rs 1,34,450 | Rs 1,46,660 |
| Chennai | Rs 1,34,450 | Rs 1,46,660 |
| Bengaluru | Rs 1,34,450 | Rs 1,46,660 |
| Kolkata | Rs 1,34,450 | Rs 1,46,660 |
In the international markets, spot gold was up 0.4% at $4,176.34 per ounce, as of 0424 GMT, after falling to its lowest level since June 11 on Friday. U.S. gold futures
for August delivery fell 1.2% to $4,194.40.
The first round of talks between high-ranking U.S. and Iranian officials in Switzerland ended Monday, with an Iranian foreign ministry spokesperson saying good progress has been made, according to Iran’s Press TV.
A joint statement from mediating nations Qatar and Pakistan said the U.S. and Iran agreed to a roadmap toward a final deal within 60 days.
“The current situation in Switzerland is quite different from a few hours ago when the two sides were squabbling, but now it seems they’re making some progress,” said Edward Meir, an analyst at Marex.
“We’re going to be trading on geopolitical guidelines for a little while longer, but the situation is fluid so perhaps best to watch the action from the sidelines for now.”
Brent crude futures fell over 1% after the announcement. Elevated oil prices stoke inflation concerns and raise expectations of higher interest rates. Gold tends to lose appeal when rates are high, as it does not yield interest.






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