Gold, silver prices in your city, June 15: Escalating tensions in the Middle-East after Israel attacked Iran’s nuclear facilities and the latter responded with drone attacks, has pushed up gold prices due to fears of a full-blown war in the region.
Further, the yellow metal has rallied due to a weak United States Dollar (USD), disappointing economic indicators, expectations of interest rate cuts by the US Federal Reserve bank, and a collective risk-off sentiment across financial markets.
Experts are firm that gold and silver are safe haven bets that investors can make to safeguard their portfolios in these volatile markets. According to Sugandha Sachdeva, Founder of SS WealthStreet, the geopolitical tensions have “significantly increased global risk aversion, reinforcing gold’s appeal as a safe-haven asset”.
As for gold, prices have risen 31 per cent year-to-date (YTD) with consistent record highs solidifying its position among 2025’s top-performing asset classes and a reliable hedge.
Over the past 20 years, gold prices have skyrocketed by an impressive 1,200 per cent from ₹7,638 in 2005 to over ₹1,00,000 in 2025 (till June), and delivered positive returns in 16 of these years.
Further, silver has also proved resilient. Prices have held above the ₹1 lakh/kg mark for the past three week. Over the past 20 years (2005-2025), the metal has gained a solid 668.84 per cent.
Prices opened higher today at 7.40 am on June 15. The MCX gold index was at ₹1,00,314/10 gm, the official website showed. Meanwhile, MCX silver prices were at ₹1,06,474/kg, it showed.
Further, 24-carat gold was priced at ₹1,00,470/10 gm, according to data on the Indian Bullion Association (IBA) at 7.40 am on June 15. Further, 22-carat gold was priced at ₹92,098/10 gms. Silver prices today are at ₹1,06,920/kg (Silver 999 Fine), as per the IBA website.
So, check here gold prices and silver rates in your city today on June 15 — 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 for you.
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.
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