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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 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 Price Today
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