Drop in Gold Price Today: Check 24K, 22K &18K Gold Rate: Bullion Outlook is Positive Amid Global Trade Talks

Gold prices in India experienced a slight decline today, offering a small window of relief to buyers after recent highs. The rate for 24 Karat gold stands at Rs 9,758 per gram, down by Rs 11. Similarly, 22 Karat gold is priced at Rs 8,945 per gram, a decrease of Rs 10 from the previous day. Meanwhile, 18 Karat gold is now available at Rs 7,319 per gram, reflecting a drop of Rs 8. This minor correction in prices could be a timely opportunity for consumers looking to make gold purchases.

22 Karat Gold Rate Today in India: 10th June 2025, 22K Gold Price

Gold lovers have reason to smile today as 22 karat gold prices dipped slightly across India. A gram of 22K gold is now priced at Rs 8,945, down by Rs 10 from yesterday's rate. The cost for 8 grams stands at Rs 71,560, reflecting a drop of Rs 80. A 10-gram piece, often favoured for jewellery, is now available at Rs 89,450-Rs 100 less than the previous day. For those looking to make larger purchases, 100 grams of 22K gold is priced at Rs 8,94,500, a welcome Rs 1,000 decline.

18 Karat Gold Rate Today in India: 10th June 2025, 18K Gold Price

Prices of 18 karat gold also saw a gentle slide, offering a timely opportunity for budget-conscious buyers. The rate per gram today is Rs 7,319-down by Rs 8 from yesterday. For 8 grams, buyers will pay Rs 58,552, a decrease of Rs 64. A 10-gram piece is now priced at Rs 73,190, down by Rs 80. Meanwhile, 100 grams of 18K gold is selling at Rs 7,31,900, a drop of Rs 800 from the previous day's price. This dip may be just what investors and shoppers need to take the plunge.

24 Karat Gold Rate Today in India: 10th June 2025, 24K Gold Price

The rate for 24 Karat gold per gram stands at Rs 9,758, down by Rs 11 from yesterday's Rs 9,769. For 8 grams, the price is now Rs 78,064, marking a drop of Rs 88. A 10 gram purchase would cost Rs 97,580 today, compared to Rs 97,690 on the previous day, a decrease of Rs 110. On a larger scale, 100 grams of 24 Karat gold is currently priced at Rs 9,75,800, down by Rs 1,100 from yesterday's Rs 9,76,900.

Bullion support and resistance levels for gold and silver as of the current trading session:

For Gold on COMEX (August contract), the support levels are set at $3,270, $3,300, and $3,320, while resistance is seen at $3,340, $3,365, and $3,390.

For Silver on COMEX (July contract), the support levels are $36.00, $36.20, and $36.50, with resistance levels at $36.70, $37.00, and $37.30.

On the domestic front, Gold on MCX (August contract) has support at Rs 95,800, Rs 96,200, and Rs 96,500, whereas resistance lies at Rs 96,800, Rs 97,000, and Rs 97,500.

Similarly, Silver on MCX (July contract) shows support at Rs 1,02,500, Rs 1,04,000, and Rs 1,05,500, while resistance levels are marked at Rs 1,07,000, Rs 1,08,500, and Rs 1,10,000.

Gold Bullion Outlook

"Gold rose after losing almost 2% over the previous two sessions as another round of US-China trade talks offered hope tensions between the two largest economies can be eased. Bullion traded above $3,315 an ounce, after dropping Friday as better-than-expected US jobs data reduced some concerns about the nation's economic downturn," Nirmal Bang Securities' Daily Bullion News and Summary stated.

"Global pushback against the debt is turning what would normally be a routine sale into a highly anticipated event and a poor result would likely benefit the precious metal. That could add more tailwinds to bullion's rally of more than a quarter this year as investors favor havens in an increasingly turbulent economic and geopolitical environment."

"Central banks have buttressed demand and the People's Bank of China extended its gold-buying streak to a seventh month in May, according to data released over
the weekend," the report stated.