Today, on Friday (June 26), gold and silver prices are again falling. The market has been under pressure for the last 2-3 days due to selling in the global market and the US Federal Reserve’s strict stance on interest rates. As a result, prices of precious metals are falling.
**How much have prices fallen compared to yesterday?**
Today, the price of 24-carat gold has decreased by ₹940 per 10 grams compared to yesterday (June 25). Yesterday the price was ₹ 1,41,070, which has come down to ₹ 1,40,130 today. Similarly, the price of 22-carat gold has also seen a decline of ₹860 per 10 grams today; The rate has decreased from yesterday’s ₹ 1,29,220 to ₹ 1,28,360 today.
**What is the condition of silver?**
Yesterday, June 25, silver prices had fallen by ₹10,000 per kg. In contrast, today there is a marginal decline of ₹100 per kg. Yesterday silver prices were at ₹2,35,000 per kg and today it is at ₹2,34,900 per kg.
**Why are gold and silver prices falling?**
In the global market, the US dollar has reached a 13-month high of 101.50, putting pressure on gold. Additionally, investors are booking profits on gold amid low chances of the US Fed cutting interest rates and fears of future rate hikes, leading to a fall in prices.
**Will prices increase in future?**
Global brokerage firm UBS (Union Bank of Switzerland) has predicted an increase in gold and silver prices in the future. Despite gold falling 28% from its peak by January 2026, UBS believes the decline is temporary. By the end of the year, the price of gold in the international market may increase to $5,500 per ounce. This means that gold prices could rise by 36% from their current levels in the next six months.
