Gold Price 19 June 2026: Gold and silver prices suddenly fell, after a huge fall gold became much cheaper than the record level.
A very good news has emerged in the bullion market today i.e. on June 19 for those who are planning to make jewelery or invest in gold and silver. The prices of gold and silver, which were skyrocketing for a long time and remained at record high levels, have suddenly seen a huge decline. From the domestic market to the international level, both yellow and white precious metals are under heavy pressure at present. Today on the Multi Commodity Exchange (MCX), a huge fall in the price of silver has been recorded by Rs 6,867, while the price of gold has also fallen by around Rs 2,500.
Latest situation of retail or retail market
If we talk about retail or the retail market related to common customers, then this huge softening in prices has given a huge support to the budget of middle class families. According to the latest data, a huge decline of Rs 2,510 has been seen in the price of gold. After this big cut, the price of 10 grams of gold has now come down to Rs 1,47,150, which shows a direct fall of about 1.68 percent.
On the other hand, people thinking of buying silver are getting much bigger benefits than gold today. Today silver has become cheaper by Rs 6,370 per kg in the retail market and now it has reached the price of Rs 2,32,330 per kg. This is a direct and huge fall of about 2.67 percent, which has brought happiness on the faces of buyers.
Effect of heavy selling visible in futures market also
This slowdown in the prices of precious metals is not limited only to the retail market, but on the Multi Commodity Exchange (MCX) also, the shine of both the precious metals has faded considerably today. The effect of heavy selling by big investors in the futures market is clearly visible on the screen.
The price of gold contract expiring on 5th August is trading at Rs 1,46,817, falling by 1.67 per cent (i.e. Rs 2,492). Similarly, in the silver contracts expiring on July 3, selling by short-term investors is completely dominant. On MCX, silver fell by 2.75 percent or Rs 6,867 and directly reached the level of Rs 2,31,050.
Heavy selling in the global market became a major reason
The international market is believed to have a big role behind this spectacular and relieving decline in the Indian domestic market. In the global market too, strong pressure is being seen on the prices of gold and silver for the last few hours, which has had a direct and immediate impact on the Indian markets.
Globally, gold prices have fallen by about 2 percent. At the same time, the situation of silver is even more soft in the international market, in which a sharp decline of more than 3 percent has been recorded. This global sell-off has opened up a great and golden investment opportunity for Indian buyers.
Disclaimer: This article is for general information only and should not be construed as investment or investment advice in any way. Before taking any major decision related to money or investing in the market, definitely consult your certified financial advisors.
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