Gold Rate Today, June 18: Prices steady; check 18, 22 and 24 carat prices across major cities

Gold prices in the Indian retail market despite weak sentiment globally are steady. According to GoodReturns.in, 24 carat, 22 carat and 18 carat gold after remaining unchanged in price today are priced at ₹1,51,100, ₹1,38,500 and ₹1,13,320 per 10 gm, respectively.

Post the duty hike by the Centre in mid-May, gold prices in India recorded gains, nevertheless, after that they are largely trading rangebound for some time now with prices hovering above ₹1,50,000 per 10 gm.

On June 18, 2026, gold prices across major brands are as below as showing on their respective websites

Kalyan Jewellers 24 carat gold is priced at ₹15,109, while 22 carat and 18 carat gold is available at a price of ₹13,850 and ₹11,332 per gm, respectively.

Joyalukkas: 22 carat gold is priced at ₹13,850 per gm. 24 carat gold quoted at ₹15,109 per gm, while 18 carat gold was retailing at ₹11,332.

At the IBJA, gold of 24 carat purity on the previous trading session (evening) traded at ₹1,50,148 per 10 gm.

Factors influencing gold rate in India

After the Fed kept the interest rate steady, while projecting increase in inflation, and thus a nod to a future rate hike, gold prices on the MCX saw a sharp cut. At around 9:31 am, gold August futures were dragged lower by 0.89% or ₹1,229 at ₹1,52,650 per 10 gm.

On similar lines, US gold futures also traded with a cut of 0.95% at $4,339.82 per ounce.

The Federal Open Market Committee voted unanimously to keep its key overnight rate anchored in a range of 3.5%-3.75%.

After the interest rate decision by the Fed, dollar index gained, rendering dollar-priced bullion expensive for other currency holders.

Also, as proposed the higher interest rate outlook going ahead, is also taking the sheen-off the precious yellow-metal.

Importantly, the losses in the yellow-metal are seen even as the US and Iran have signed a deal to end an over 4-month long war.

Even as continued economic uncertainty lends support to the precious metal, some analysts expect moderation in prices over the coming months.