Gold prices rebounded sharply on June 12, 2026, as investors returned to safe-haven assets. Silver outperformed gold, posting a stronger rally driven by industrial demand expectations.
According to the latest update, 24-carat gold prices rose across major Indian cities, while 22-carat gold also gained. The rebound followed a volatile phase when profit-booking and easing geopolitical concerns had softened bullion prices. Renewed buying interest helped the yellow metal regain lost ground.
Silver surged more strongly, supported by its dual role as a precious and industrial metal. Analysts highlighted that silver’s industrial applications continue to attract investors during periods of manufacturing growth and economic uncertainty.
City-Wise Rates (June 12, 2026)
- Delhi: 24K Rs 1,56,210 | 22K Rs 1,43,190 | Silver Rs 1,18,900
- Mumbai: 24K Rs 1,56,060 | 22K Rs 1,43,040 | Silver Rs 1,18,900
- Kolkata: 24K Rs 1,56,060 | 22K Rs 1,43,040 | Silver Rs 1,18,900
- Chennai: 24K Rs 1,56,060 | 22K Rs 1,43,040 | Silver Rs 1,28,900
- Bengaluru: 24K Rs 1,56,060 | 22K Rs 1,43,040 | Silver Rs 1,18,900
- Hyderabad: 24K Rs 1,56,060 | 22K Rs 1,43,040 | Silver Rs 1,28,900
Internationally, gold traded higher on COMEX while silver extended gains. Market participants tracked US dollar movements and Treasury yields, both crucial for global bullion trends.
Domestic bullion rates reflected international spot prices, import duties, GST, currency fluctuations, and local demand. Experts believe volatility may persist, but gold remains a hedge against inflation, while silver’s industrial demand strengthens its outlook.
With wedding demand, festive purchases, and investment interest expected to remain steady, precious metals are likely to stay in focus. The rebound underscores resilience in the bullion market, with both gold and silver attracting fresh investor interest.
