Prices of gold and silver in your city on June 17: Fears of a full-scale battle in the area have caused gold prices to rise as the Israel-Iran confrontation is on the verge of escalating into a full-fledged war as both nations trade assaults after Israel targeted Iran’s nuclear facilities and the latter retaliated with drone operations.
Gold and silver are safe havens that yield “spectacular” returns.
In these erratic markets, experts are adamant that gold and silver are safe haven investments that investors may make to protect their portfolios. Geopolitical concerns have “significantly increased global risk aversion, reinforcing gold’s appeal as a safe-haven asset,” according to Sugandha Sachdeva, founder of SS WealthStreet.
With steady record highs and a 31% year-to-date (YTD) increase in price, gold has cemented its place as one of the best-performing asset classes of 2025 and a dependable hedge.
From ₹7,638 in 2005 to over ₹1,00,000 in 2025 (till June), gold prices have soared by an astounding 1,200 percent during the last 20 years, yielding positive returns in 16 of those years.
Silver has also shown itself to be robust. Over the last three weeks, prices have been over ₹1 lakh/kg. The metal’s increase during the last 20 years (2005–2025) has been a strong 668.84 percent.
Gold Prices Today: Check Gold Rates in India — June 17
Prices opened higher today at 6.20 am on June 17. The MCX gold index was at ₹1,00,314/10 gm, the official website showed. Meanwhile, MCX silver prices were at ₹1,06,474/kg, it showed.
Further, 24-carat gold was priced at ₹1,00,470/10 gm, according to data on the Indian Bullion Association (IBA) at 6.20 am on June 17. Further, 22-carat gold was priced at ₹92,098/10 gms. Silver prices today are at ₹1,06,920/kg (Silver 999 Fine), as per the IBA website.
So, check here gold prices and silver rates in your city today on June 17 — Delhi, Kolkata, Mumbai, Hyderabad, Bengaluru, and Chennai. Notably, for retail customers, jewellers may add making charges, taxes and GST to the bill, which could hike the final price for you.
Gold and Silver Prices in Kolkata — June 17
• Gold bullion rates in Kolkata — ₹1,00,160/10 gm.
• MCX Gold rate in Kolkata — ₹1,00,314/10 gm.
• Silver bullion rate in Kolkata — ₹1,06,580/kg.
• MCX Silver 999 rate in Kolkata — ₹1,06,474/kg.
Gold and Silver Prices in Mumbai — June 17
• Gold bullion rates in Mumbai — ₹1,00,290/10 gm.
• MCX Gold rate in Mumbai — ₹1,00,314/10 gm.
• Silver bullion rate in Mumbai — ₹1,06,720/kg.
• MCX Silver 999 rate in Mumbai — ₹1,06,474/kg.
Gold and Silver Prices in Hyderabad — June 17
• Gold bullion rates in Hyderabad — ₹1,00,450/10 gm.
• MCX Gold rate in Hyderabad — ₹1,00,314/10 gm.
• Silver bullion rate in Hyderabad — ₹1,06,890/kg.
• MCX Silver 999 rate in Hyderabad — ₹1,06,474/kg.
Gold and Silver Prices in Delhi — June 17
• Gold bullion rates in New Delhi — ₹1,00,120/10 gm.
• MCX Gold rate in New Delhi — ₹1,00,314/10 gm.
• Silver bullion rate in New Delhi — ₹1,06,540/kg.
• MCX Silver 999 rate in New Delhi — ₹1,06,474/kg.
Gold and Silver Prices in Chennai — June 17
• Gold bullion rates in Chennai — ₹1,00,580/10 gm.
• MCX Gold rate in Chennai — ₹1,00,314/10 gm.
• Silver bullion rate in Chennai — ₹1,07,030/kg.
• MCX Silver 999 rate in Chennai — ₹1,06,474/kg.
Gold and Silver Prices in Bengaluru — June 17
• Gold bullion rates in Bengaluru — ₹1,00,370/10 gm.
• MCX Gold rate in Bengaluru — ₹1,00,314/10 gm.
• Silver bullion rate in Bengaluru — ₹1,06,810/kg.
• MCX Silver 999 rate in Bengaluru — ₹1,06,474/kg.
Disclaimer: Business Connect Magazine does not endorse the opinions or suggestions expressed here; rather, they are the opinions of individual analysts or brokerage firms. Before making any financial decisions, we encourage investors to consult with qualified professionals.
