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Gold Price Crash – 24 Carat Gold Falls ₹1,600 & Silver Drops ₹5,000 on MCX June 8

Gold Price Crash Today: Gold and silver prices declined sharply as soon as the market opened on the MCX. Gold has become cheaper by ₹1,600, while silver has dropped by...

Today: Gold prices are experiencing constant fluctuations amid tensions involving Iran, Israel, and the US. Gold rates are changing rapidly. Today, June 8, gold and silver prices declined. A drop in prices has also been observed in the international market. At the market opening on the MCX, both gold and silver saw a sharp decline; gold prices fell by ₹1,600 to ₹1,53,933 per 10 grams.

Meanwhile, silver prices dropped by ₹5,000, bringing the rate to ₹2,43,379 per kilogram. By the close of the market last week—specifically on June 5—the price of 24-carat gold was recorded at ₹1,55,600, while silver was priced at ₹2,48,201 per kilogram.

According to the India Bullion and Jewellers Association (IBJA), the price of gold stood at ₹1,54,238 per 10 grams at the close of the market last week. IBJA typically releases gold rates around 12:00 PM.

Gold and Silver Rates in the Global Market
On Monday, COMEX gold futures fell by $30.80, trading at $4,334.50 per ounce. Meanwhile, COMEX silver dropped by 2.49 per cent to reach $67.39 per ounce.

MCX
Gold prices declined as soon as the market opened today, June 8, on the Multi Commodity Exchange (MCX). Gold opened at ₹1,53,933 per 10 grams, down ₹1,600. At 9:36 AM, the price of 24-carat gold was recorded at ₹1,54,237 per 10 grams. By the close of the market last week, the price of gold was recorded at ₹155,600 per 10 grams.

IBJA Gold Price

Gold 24 Carat (999): ₹154,238 per 10 grams
Gold 23 Carat (995): ₹153,620 per 10 grams
Gold 22 Carat (916): ₹141,282 per 10 grams
Gold 18 Carat (750): ₹115,679 per 10 grams
Gold 14 Carat (585): ₹90,229 per 10 grams

Delhi Gold Rate
24 Carat Gold (10 grams) – ₹155,910
22 Carat Gold (10 grams) – ₹140,150
18 Carat Gold (10 grams) – ₹116,990

Mumbai Gold Rate
24 Carat Gold (10 grams) – ₹152,730
22 Carat Gold (10 grams) – ₹140,000
18 Carat Gold (10 grams) – ₹114,550

Kolkata Gold Rate
24 Carat Gold (10 grams) – ₹152,730
22 Carat Gold (10 grams) – ₹140,000
18 Carat Gold (10 grams) – ₹114,550

Chennai Gold Rate
24 Carat Gold (10 grams) – ₹154,910
22 Carat Gold (10 grams) – ₹142,000
18 Carat Gold (10 grams) – ₹119,100

Patna Gold Rate
24 Carat Gold (10 grams) – ₹155,810
22 Carat Gold (10 grams) – ₹140,050
18 Carat Gold (10 grams) – ₹116,890

Lucknow Gold Rate
24 Carat Gold (10 grams) – ₹155,910
22 Carat Gold (10 grams) – ₹140,150
18-carat gold (10 grams) – ₹116,990

Ghaziabad Gold Rate
24-carat gold (10 grams) – ₹155,910
22-carat gold (10 grams) – ₹140,150
18-carat gold (10 grams) – ₹116,990

Noida Gold Rate
24-carat gold (10 grams) – ₹155,910
22-carat gold (10 grams) – ₹140,150
18-carat gold (10 grams) – ₹116,990

Gurugram Gold Rate
24-carat gold (10 grams) – ₹155,910
22-carat gold (10 grams) – ₹140,150
18-carat gold (10 grams) – ₹116,990

 

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Priyanka Singh is an experienced journalist and Chief Copy Editor at Timesbull.com with more than six years of experience in digital media. She currently leads the Entertainment, Business, and Education desks, ensuring accuracy, clarity, and editorial excellence across content. Originally...

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