Gold, silver prices in your city, June 9: The prices of the yellow metal have moderated following the weak US economic data prior to the decision of the Federal Reserve on benchmark interest rates and US President Donald Trump’s discussions with Chinese counterpart Xi Jinping.
Gold prices have risen by nearly 30 per cent year-on-year (YoY), yielding around 15 per cent CAGR since 2001. Since 1995, gold has surpassed inflation by more than 2-4 per cent, according to data. Meanwhile, silver prices exceeded the ₹1 lakh/kg mark last week. Amid ongoing price volatility, gold and silver continue to serve as safe-haven commodities for investors aiming to safeguard their portfolios.
Gold and silver prices today: Check rates — June 9
The MCX gold index stood at ₹97,051 per 10 grams on June 9 at 6:25 am, according to the official website. Meanwhile, the MCX silver prices were recorded at ₹1,05,525 per kilogram, it showed.
According to data on the Indian Bullion Association (IBA) on June 9 at 6:25 a.m., 24-carat gold was priced at ₹97,160/10 gm, while 22-carat gold was priced at ₹89,063/10 gms. Silver prices today are at ₹1,05,910/kg (Silver 999 Fine), as per the IBA website.
So, check here for prices of gold and silver in your city today on June 9 — Delhi, Kolkata, Mumbai, Hyderabad, Bengaluru, and Chennai. Notably, for retail customers, jewellers may add making charges, taxes and GST to the bill, which could hike the final price.
Gold and Silver Prices in Chennai — June 9
- Gold bullion rates in Chennai — ₹97,260/10 gm.
- MCX Gold rate in Chennai — ₹97,051/10 gm.
- Silver bullion rate in Chennai — ₹1,06,030/kg.
- MCX Silver 999 rate in Chennai — ₹1,05,525/kg.
Gold and Silver Prices in Bengaluru — June 9
- Gold bullion rates in Bengaluru — ₹97,060/10 gm.
- MCX Gold rate in Bengaluru — ₹97,051/10 gm.
- Silver bullion rate in Bengaluru — ₹1,05,800/kg.
- MCX Silver 999 rate in Bengaluru — ₹1,05,525/kg.
Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
