Gold and silver prices in India witnessed a downward correction on Tuesday, June 30, 2026, dropping around 1% as global investor sentiment improved. The slip comes on the heels of stabilizing geopolitical factors, including easing friction between Tehran and Washington. Additionally, progress on the long-discussed India-US bilateral trade agreement—which US Ambassador Sergio Gor noted is in its final 1% to 2% of legal drafting—has further anchored market stability.
Gold and silver prices moved higher across major Indian cities as strength in international bullion markets and rupee depreciation supported sentiment. Chennai recorded the highest gold rates among metro cities, while silver remained above Rs 2.34 lakh per kilogram in key markets.
