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New Delhi: Friday morning has brought relief news for those investing in gold and silver. There has been a decline in the prices of both in the international market and its effect can be seen on the domestic market also. The special thing is that after the recent peace agreement between America and Iran, the prices of crude oil are continuously coming down. In such an environment, the fall in the prices of gold and silver has attracted the attention of investors and market experts.

On Friday morning, June 19, 2026, a big fall in the price of gold was recorded in the international futures market Comex. At around 7:30 am, gold fell by 1.02 percent or about $ 43.30 to reach $ 4,202.60 an ounce. Silver also appeared under pressure. Its price fell by 1.86 percent to $ 65.085 per ounce. The effect of this weakness in the global market can be visible in the Indian markets also.

What will be the impact on MCX?

Even on June 18, both gold and silver were under pressure in the domestic futures market MCX. At the end of trading, the price of gold fell by 2.93 percent and closed at Rs 1,49,378 per 10 grams. On the other hand, an even bigger decline was seen in silver. Its price fell by 5.63 percent to Rs 2,37,620 per kg. In view of the ongoing weakness in the international market, it is being speculated that trading in MCX may also start with pressure.

Latest gold price on IBJA

According to the Indian Bullion and Jewelers Association (IBJA), the price of fine gold was recorded at Rs 14,809 per gram on June 18, 2026. This figure reflects the ongoing softness in the market.

Why are the prices of gold and silver falling?

In the last few months, it was observed that as tensions increased in West Asia, gold and silver prices reacted differently. However, this time the direction of the market seems to be different and many economic reasons are being given behind it.

Dollar’s strength became a major reason

Oil prices have fallen after tensions between America and Iran eased. But on the other hand the dollar index has strengthened. When the dollar strengthens, it becomes expensive for investors from other countries to buy gold, silver and crude oil. Due to this, the demand for these commodities is affected and a fall in prices is seen. This is the reason why both gold and silver are under pressure at this time.

Impact of Federal Reserve’s decision

The US Federal Reserve has recently decided to keep the interest rates unchanged. Generally, when interest rates remain high for a long time or are not cut, then investors show less interest in metals like gold. This has a direct impact on the prices of precious metals and a decline may be seen in them. Market experts are also considering this reason as an important reason behind the current weakness.

Slowdown in China’s demand is also the reason

China has a major contribution in the consumption of gold and silver in the world. In recent times, there has been some softening in demand there. Due to this, there is pressure on prices in the global market.

Latest silver price in major cities (per gram)

Latest silver price in major cities

Silver prices remained soft in many big cities of the country on Friday. In Delhi, Mumbai, Kolkata and Bengaluru, the price of one kg silver was recorded at Rs 2,59,900. Whereas in Chennai and Hyderabad the price of silver reached Rs 2,69,900 per kg.