Gold Price Rises Today: Check Precious Metal Rates In Delhi, Mumbai, Other Cities On June 11
Silver Price In India Today (June 11, 2025)
The price of silver traded higher by Rs 100 at Rs 1,09,100 per kg in Mumbai, according to goodreturns.in.
Aksha Kamboj, vice-president of the India Bullion and Jewellers Association, said, 'Gold prices remain volatile as investors await a clearer resolution from the ongoing US-China trade negotiations taking place in London. A favourable outcome of the US-China trade talks is likely to drive gold prices down. Attention is also turning to inflation data set to be released over the next three days in both India and the UK. Additionally, Thursday's auction of long-term Treasury bonds may offer further guidance on price movements."
'Gold May Fall 12-15% In Two Months'
According to a report by brokerage house Quant Mutual Fund, after an impressive upside move in the past few months, gold prices might fall by 12-15% in the next two months."Gold has peaked out and has the potential to correct by 12-15% in dollar terms over the next two months. However, our medium-term and long-term views are equally constructive, and we reiterate that a meaningful percentage of your portfolio should be dedicated towards precious metals," Quant Mutual Fund stated in its latest 'Factsheet for June 2025'.
International market rates, import duties, taxes, and fluctuations in exchange rates primarily influence gold prices in India. Together, these factors determine the daily gold rates across the country.
In India, gold is deeply cultural and financial. It is a preferred investment option and is key to celebrations, particularly weddings and festivals.
With constantly changing market conditions, investors and traders monitor fluctuations closely. Staying updated is crucial for effectively navigating dynamic trends.
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