Gold up by ₹2,103 in a month, significant increase in silver prices
what are the reasons?
Gold Price Review June 2025 –The rise in gold and silver prices is due to the Iran-Israel war, the fall in the dollar’s value, the trade war and interest rates in the United States, and the increase in ETF purchases.
In June, gold and silver prices sparkled anew. Over the month, the price of gold increased by ₹2,103. Silver recorded a price increase of ₹9,624. The rate of silver price rise is four times that of gold. The reasons behind the rise in gold and silver prices include the Iran-Israel war, the fall in the dollar’s value, the US trade war and interest rates, and increased purchases in ETFs.
Price increase over the month:
According to information from IBJA on gold and silver prices, on May 30, the price of 24-carat gold (excluding GST) was ₹95,355 per 10 grams. On the same day, the price of silver was ₹97,458 per kg. A month later, on June 30, gold rose from ₹95,355 to ₹97,458 per 10 grams—an increase of ₹2,103. Over the same period, silver went from ₹97,458 per kg to ₹1,05,510 per kg—an increase of ₹9,624.
Why did gold and silver prices rise?
According to Ajay Kedia, President of Kedia Commodities, global circumstances caused the rise in gold and silver prices. There are multiple reasons behind it. Weak data has come out regarding the US economy. According to the ADP report in the US, there is going to be a decline in the number of new jobs—only 37,000 new jobs will be available. The value of the dollar has also declined. As a result, investors around the world are worried. Because of these reasons, gold and silver have become more expensive.
Gold increased on the first day of the month:
At the beginning of July, the prices of gold and silver declined. Today, the price of 24-carat gold is ₹96,050 per 10 grams. On Monday, it was ₹97,410. Today, 22-carat gold is at ₹88,046, and 18-carat gold is at ₹72,038. Silver is priced at ₹1,05,990 per kg. In Mumbai and Chennai, the price of 22-carat gold is ₹89,290, and the price of 24-carat gold is ₹97,410.
