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BackGold Prices Dip Slightly in India on June 17, 2026, Tracking Global Trends
Gold Prices Dip Slightly in India on June 17, 2026, Tracking Global Trends
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Economic Times6/17/2026Business3 min readIndia

Gold Prices Dip Slightly in India on June 17, 2026, Tracking Global Trends

Quick Look

  • Gold prices in India saw a minor decrease on June 17, 2026, influenced by global bullion rates.
  • Major jewelers reported lower prices for 22k gold compared to the previous day.
  • Experts suggest gold may target $4,500–$4,550 amid easing US-Iran tensions and Fed rate hike expectations.

AI-generated summary

Why It Matters

Gold prices in India saw a slight dip on June 17, 2026, following a decline in domestic bullion rates. Experts provide an outlook on gold and silver prices, citing factors like a US-Iran peace agreement and Federal Reserve rate hike expectations.

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Gold rate today: Gold prices saw a slight dip across major Indian cities on June 17, 2026, following a decline in domestic bullion rates. Major jewelers like Tanishq, Malabar Gold & Diamonds, Kalyan Jewellers, and Joyallukas reported a decrease in 22k gold prices compared to the previous day.

Gold prices edged lower across major Indian cities today (Wednesday, June 17, 2026), tracking a mild decline in domestic bullion rates. If you are planning to buy gold jewellery today, here is a look at the latest 24k, 22k, 20k, 18k and 14k gold rates from India Bullion and Jewellers Association (IBJA) as well as leading jewellery brands across major Indian cities

Gold outlook

Prithviraj Kothari, managing director at RiddiSiddhi Bullions Ltd., president of India Bullion and Jewellers Association (IBJA) says, “Gold holds above $4,300 and silver above $70 as markets price in a formal US-Iran peace agreement that would reopen the Strait of Hormuz and ease inflation concerns. December Fed rate hike odds have eased to 60% from 70%, per CME FedWatch. The deal extends the April ceasefire by 60 days and initiates a structured technical negotiation window. The Bank of Japan's rate hike to 1% could cap some gold upside, but a steady Fed and continued central bank buying provide structural support. Gold targets $4,500–$4,550; silver eyes $72–$75, with a break above $78–$80 signalling a bullish acceleration.”

22k gold price at Tanishq today

As of June 17, 2026, Tanishq's price for 22k gold jewellery is Rs 13,895 per gram across New Delhi, Mumbai, Chennai, Kolkata, Thiruvananthapuram, Coimbatore and Bengaluru. On June 16, 2026, the same variety of gold was priced at Rs 13,920 per gram.

22k gold price at Malabar Gold & Diamonds

The current price for 22k gold jewellery at Malabar Gold & Diamonds is Rs 13,850 per gram in New Delhi, Mumbai, Chennai, Kolkata, Thiruvananthapuram, Coimbatore and Bengaluru. On June 16, 2026, 22k gold at the same brands was priced at Rs 13,875 per gram.

22k gold price at Kalyan Jewellers

The current price for 22k gold jewellery at Kalyan Jewellers is Rs 13,850 per gram in New Delhi, Mumbai, Chennai, Kolkata, Thiruvananthapuram, Coimbatore and Bengaluru. On June 16, 2026, 22k gold at the same brands was priced at Rs 13,875 per gram.

22k gold price at Joyallukas

The current price for 22k gold jewellery at Joyallukas is Rs 13,850 per gram in New Delhi, Mumbai, Chennai, Kolkata, Thiruvananthapuram, Coimbatore and Bengaluru. On June 16, 2026, 22k gold at the same brands was priced at Rs 13,875 per gram.

Note: All rates are updated as per jewellery brands' respective websites as of 2:54 pm, June 16, 2026. The rates may change during the day and can vary depending on a state, tax structure and other applicable charges.

IBJA indicative retail selling rates for gold and silver jewellery on June 17, 2026 (am rates)

Fine Gold (999) Rs 15,011 per gram

22 KT Gold Rs 14,650 per gram

20 KT Gold Rs 13,359 per gram

18 KT Gold Rs 12,159 per gram

14 KT Gold Rs 9,682 per gram

Silver (999) Rs 248,435 per kg

IBJA indicative retail selling rates for gold and silver jewellery on June 16, 2026 (pm rates)

24KT RS 15,066 per gram

22 KT Gold Rs 14,705 per gram

20 KT Gold Rs 13,409 per gram

18 KT Gold Rs 12,204 per gram

14 KT Gold Rs 9,718 per gram

Silver (999) Rs 249,179 per kg

IBJA Indicative retail selling rates for gold and silver jewellery: June 17, 2026 (am rates) vs June 16, 2026 (pm rates)

Metal/Purity

June 17, 2026 (AM) June 16, 2026 (PM) Change Fine Gold (999) ₹15,011 per gram ₹15,066 per gram ₹55 22 KT Gold ₹14,650 per gram ₹14,705 per gram ₹55 20 KT Gold ₹13,359 per gram ₹13,409 per gram ₹50 18 KT Gold ₹12,159 per gram ₹12,204 per gram ₹45 14 KT Gold ₹9,682 per gram ₹9,718 per gram ₹36 Silver (999) ₹248,435 per kg ₹249,179 per kg ₹744

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What to Watch

AI outlook — possibilities, not facts

  • Gold targets $4,500–$4,550

    Speculative · Medium term

  • Silver eyes $72–$75

    Speculative · Medium term

Open Questions

  • Will the US-Iran peace agreement be formalized?
  • How will the Bank of Japan's rate hike affect gold prices?
  • Will the Fed rate hike odds continue to ease?

Related Topics

This article was originally published by Economic Times.

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