Gold Rate Today, June 11: Prices drop by ₹7,500/ 10 gm in 2 days; check 24, 22 and 18 carat rate

Gold prices are continuing their slide for the second-consecutive day today (June 11, 2026) in the retail market. According to GoodReturns.in after losing by ₹539 per gm in the previous session, 24 carat gold decreased in price by ₹213 per gm to ₹14,564, while 22 carat gold declined by ₹195 to ₹13,350. Also, 18 carat gold decreased in price by ₹160 to ₹10.923 per gm.

Gold is said to have entered a corrective phase and the same can prolong on continuing inflationary and rate hike fears.

On June 11, 2026, gold prices across major brands are as below:

Titan: 24 carat gold is priced at ₹14,613, while 22 carat and 18 carat gold is available at a price of ₹13,395 and 10,960 per gm, respectively.

Malabar Gold: 22 carat gold is priced for ₹13,350 and 24 carat gold is retailing at ₹14,564 per gm.

Joyalukkas: 22 carat gold is priced at ₹13,350 per gm. 24 carat gold quoted at ₹14,564 per gm, while 18 carat gold was retailing at ₹10,923.

Factors influencing gold rate today

Gold prices continued to slide on Thursday following the US fresh attacks on Israel, deepening concerns around inflaiton and rate hike.

On the MCX, gold August futures were down by 0.12% or ₹172 at ₹1,47,845 per 10 gm, while in the US - gold August futures were down 0.44% at $4,115, having now moved below $4,200 per ounce level.

The losses in the precious yellow-metal continued following a fresh round of strikes by the US on several of the targets in Iran.

And amid fresh strikes, oil prices today were last up with Brent crude trading above $93 per barrel level as Iran announced the closure of the crucial Strait of Hormuz amid fresh strikes.

In the near term, gold price movement shall be determined by global cues, central banks gold buying state and dollar movement etc.