Gold Rate Today | Gold Prices Today in India, June 14: Rates Cross ₹1 Lakh in Major Cities Amid Middle East Tensions

By Riya R Alex | Published: June 14, 2025, 07:14 AM IST
Cities covered: Mumbai, Delhi, Chennai, Bengaluru, Hyderabad, Kolkata

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Global Uncertainty Pushes Gold to New Highs

India woke up to record-breaking gold prices on June 14, 2025, as the precious metal surged past ₹1,00,000 per 10 grams across major cities. With escalating geopolitical conflict between Israel and Iran and the growing expectation of a U.S. Federal Reserve interest rate cut, investors worldwide are rushing to safeguard their wealth in traditional safe-haven assets like gold and silver.

On Friday, gold prices on the Multi Commodity Exchange (MCX) hit a staggering ₹1,00,314 per 10 grams, while silver followed suit, touching ₹1,06,474 per kg.

This marks a significant psychological and financial milestone in India’s bullion markets, where demand remains strong despite elevated prices.

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Gold and Silver Prices in India — June 14, 2025

Here’s a detailed city-wise breakdown of bullion prices:

Gold Prices Today

Silver Prices Today

📝 Prices are based on the Indian Bullion Association (IBA) and MCX data as of 7:00 AM IST.

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Why Are Gold Prices So High?

Several factors have contributed to the gold rally:

1. 🛡️ Geopolitical Tensions

The Israeli airstrikes on Iranian military installations have escalated tensions in the Middle East, triggering fears of broader conflict. In such times, investors typically flee to gold — seen as a stable store of value.

2. 🏛️ US Federal Reserve Policy Expectations

U.S. inflation data released this week showed lower-than-expected figures, fueling market hopes that the Fed may start cutting interest rates. Lower interest rates generally weaken the U.S. dollar and boost gold prices globally.

3. 📉 Stock Market Volatility

Global equities have seen significant pullbacks in recent weeks due to weak tech earnings and lingering economic uncertainty, pushing investors to reallocate funds to commodities.

4. 📈 Long-Term Performance of Gold

• 30% return in the past year

• 15% CAGR since 2001

• Outperformed inflation by 2–4% annually since 1995

💬 “Gold has once again proved its mettle as an inflation-beating, crisis-resilient asset. This price action signals that retail and institutional investors alike are recalibrating their strategies,” said Rajiv Khandelwal, Head of Commodities Research at InvestLogic India.

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What About Silver? |Gold Rate Today

Silver is showing a similar bullish trend. Often referred to as “poor man’s gold,” silver has crossed ₹1.06 lakh per kg. Analysts attribute this not only to safe-haven demand but also to increased industrial use in solar panels, electronics, and electric vehicles (EVs).

💬 “Silver is gaining both speculative and industrial support. As green energy adoption rises, silver’s real value proposition is coming to the forefront,” noted Dr. M. Raghavan, metals analyst at NSE Commodities.

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Should You Buy Gold Now? | Gold Rate Today

While buying gold at an all-time high may seem risky, experts suggest a phased or SIP (Systematic Investment Plan) approach to hedge against price swings.

Tips for Gold Buyers:

• ✅ Compare city-wise bullion rates.

• ✅ Always check for BIS Hallmark before purchasing jewellery.

• ✅ Consider digital gold, SGBs, or gold ETFs to avoid making charges and taxes.

• ✅ Use certified jewellers only to avoid being overcharged.

🔔 Note: Retail jewellery prices may include additional making charges, GST, and local taxes, making the effective price 5–10% higher than listed bullion rates.

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RBI’s Gold Loan Reforms in the Works

In related news, the Reserve Bank of India (RBI) is planning to ease norms for gold loans for small-ticket borrowers. This could bring formal credit access to millions of underbanked Indians who rely on physical gold as collateral.

Expert Takeaway

💬 “In uncertain markets, gold becomes more than jewellery — it’s financial armor. Whether it’s inflation, war, or policy swings, gold offers a protective shield,” concludes Shweta Deshmukh, Senior Economist at Bharat Finance Forum.

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Final Word: The Bullion Bull Run is On

As we head deeper into 2025, gold and silver may continue their upward climb, especially if geopolitical and economic uncertainties persist. For Indian households, which traditionally value gold as both emotional and financial wealth, this surge serves as a reminder of gold’s enduring importance.