Rates of precious metals in futures remained volatile on Monday, June 29, 2026, as recent US-Iran strikes in the Gulf pushed oil prices higher. MCX Gold opened on a steady note but slipped below the Rs 1,44,000 mark, reflecting a weak undertone amid ongoing volatility. The gold August 5 contract on the Multi Commodity Exchange (MCX) started with a minor gain of Rs 18 or 0.42 per cent at Rs 1,44,180 per 10 grams against the previous close of Rs 1,44,162. However, it later fell to touch an intraday low of Rs 1,42,690, a drop of Rs 1,472 or 1.02 per cent. In between, it touched an intraday high of Rs 1,44,180. Last seen, it was trading at Rs 1,43,401, down Rs 761 or 0.53 per cent.
On the MCX, the yellow metal futures for October 2026 were down by Rs 904 or 0.61 per cent to trade at Rs 1,46,836 per 10 grams in business turnover of 610 lots.
“On the upside, immediate resistance is placed at Rs 1,45,000 – Rs 1,45,500, and a sustained move above this zone could trigger a recovery toward Rs 1,46,500 – Rs 1,47,000 and further toward Rs 1,48,000. On the downside, a break below the Rs 1,43,000 level could intensify selling pressure and drag prices toward Rs 1,41,600 – Rs 1,41,200, with further weakness toward the Rs 1,40,500 – Rs 1,40,000 psychological zone. Overall, the near-term bias remains cautious, with prices needing to sustain above Rs 1,43,000 to maintain stability, while a move above the Rs 1,45,000 resistance zone is required to improve momentum and support a recovery,” said Ponmudi R, CEO of Enrich Money.
Silver Price On MCX
Similarly, the silver futures, maturing on July 3, 2026, opened in the green. It started the trading session at Rs 2,23,912 against the previous close of Rs 2,23,472, a gain of Rs 440 or 0.19 per cent. It later fell to touch the intraday low of Rs 2,22,469, a drop of Rs 1,003 or 0.44 per cent. Last seen, it was trading at Rs 2,22,469 with a drop of Rs 1,003 or 0.45 per cent.
Gold Price in the International Market
In the international market, the COMEX gold price fell 0.53 per cent to approximately USD 4,074.7 per troy ounce. The spot gold price at 12:40 pm was USD 4,058.37 per ounce, down by USD 23.16 or 0.58 per cent.
Check Gold, Silver Prices In Major Cities
Gold price in Delhi
In Delhi, the 24-carat gold price was quoted at Rs 1,43,170 per 10 grams. For 22-carat gold, the consumer would have to spend Rs 1,31,250 per 10 grams.
Gold price in Mumbai
In Mumbai, 24-carat gold was available at Rs 1,43,020 per 10 grams, while 22-carat gold stood at Rs 1,31,100 per 10 grams.
Gold price in Kolkata
The 24-carat gold price in Kolkata today was Rs 1,43,020 per 10 grams, while the rate for 22-carat gold was Rs 1,31,100 per 10 grams.
Gold price in Chennai
In Chennai, the 24-carat gold was available for Rs 1,45,090 per 10 grams. For 22-carat gold, the rate was Rs 1,33,000 per 10 grams.
Silver prices in Delhi
The price of silver per kg in the national capital was Rs 2,40,000.
Silver price in Mumbai
In Mumbai, the consumer would have to pay Rs 2,40,000 per kg today to buy the precious metal.
Silver price in Kolkata
In Kolkata, the price of 1 kg of silver stood at Rs 2,40,000.
Silver price in Chennai
In Chennai, the price of precious metal stood at Rs 2,45,000 per kg.
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(This article is for informational purposes only and should not be construed as investment, financial, or other advice.)
