Gold Rate Today, June 12: Yellow-metal rebounds to near ₹14,900/gm; check 24, 22 and 18 carat price

After dropping significantly for the past few days, gold prices in the retail market gained today (June 12, 2026). According to GoodReturns.in after losing by ₹7,500 per 10 gm in the previous session, 24 carat gold increased in price by ₹294 per gm to ₹14,858, while 22 carat gold gained by ₹270 to ₹13,620. Also, 18 carat gold increased in price by ₹221 to ₹11,144 per gm.

The gains in the precious metal are largely seen amid hopes of a peace deal between the US and Iran.

On IBJArates.com, the precious metal in the previous evening session closed at ₹1,44,782 per 10 gm.

On June 12, 2026, gold prices across major brands are as below:

Kalyan Jewellers 24 carat gold is priced at ₹14,564, while 22 carat and 18 carat gold is available at a price of ₹13,350 and 10,923 per gm, respectively.

Joyalukkas: 22 carat gold is priced at ₹13,620 per gm. 24 carat gold quoted at ₹14,858 per gm, while 18 carat gold was retailing at ₹11,144.

Factors impacting gold prices in India

Gold prices in India mirroring international bullion markets rose sharply amid renewed optimism around the likely end to the US-Iran crisis.

At around 10 am (IST), gold August futures traded higher by 0.67% or ₹996 at ₹1,49,928 per 10 gm, while the US gold futures (August delivery) traded with gains of 2.5% to above $4,200 per ounce.

The optimism has gained traction after the US President called off planned military strikes on Iran, easing concerns over inflation and higher interest rates.

Earlier, Trump threatened more strikes together with an intent to 'take' oil export center Kharg Island.

Since the US-Iran war broke out in February end, gold prices have fallen over 20%.

And now investors are tracking the outlook for monetary policy tightening by major central banks.