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Gold Price Today: 24K Drops Near ₹1 Lakh- Experts Reveal If It’s Time to Buy or Wait—Check New Rates

Gold Price Today in India June 23 Sees Surprise Drop as Global Markets Stir

24K and 22K Gold Rates Fall Fast So Buyers Are Now Watching Closely

Gold prices in India took an unexpected dip today on June 23 2025. Across cities like Mumbai Delhi and Chennai both 24K and 22K gold rates dropped sharply. This sudden fall is making headlines as global uncertainty and changing buyer behavior create big shifts in the market.

Today’s Gold Rate in India for June 23 2025

City                   24KGold (10g)          22K Gold (10g)

Mumbai                     ₹71520                    ₹65570

Delhi                           ₹71650                    ₹65690

Chennai                      ₹71910                    ₹65920

Kolkata                        ₹71470                   ₹65520

Bangalore                   ₹71600.                  ₹65640

Why Are Gold Prices Falling in India Today

Today’s drop in gold prices is linked to multiple global and local reasons. A stronger US dollar is leading the fall while gold buying in India has slowed slightly after the recent peak. This is now the biggest single day drop in June 2025 so far.

Key reasons for the fall include:

1 .A stronger US dollar is putting pressure on global gold rates

2 .Lower demand from China is shaking global supply chains

3. Wedding season purchases in India are slowing down

4. A natural correction after gold touched record highs last week

Should You Buy Gold in India Today

Retail buyers are now asking one big question should I buy gold today The answer depends on your long term plan. With 24K gold dropping below ₹72000 per 10 grams many experts say this could be a good entry point for investors.

The MCX gold rate also fell by ₹380 early this morning so markets are clearly reacting to international trends.

7 Day Gold Price Trend in India for 24K and 22K

Date                24K.Gold (10g)                 22K Gold (10g)

June 17             ₹71930.                             ₹65930

June 18              ₹72110                              ₹66100

June 19               ₹72460                             ₹66400

June 20                ₹72330                             ₹66280

June 21                 ₹72200                            ₹66170

June 22                 ₹71990                            ₹65980

June 23                 ₹71520                            ₹65570

Will Gold Prices Rise Again

Experts believe that the gold price may stay low for a few more days depending on global data central bank meetings and inflation numbers. If the US Fed hints at a possible rate cut there could be a bounce back soon.

Analysts from ICICI Securities and HDFC Gold Desk are advising caution but also calling this dip a potential buying chance for serious investors.

Check Today’s Gold Rate Before Buying

Before buying gold jewelry or investing in coins or bars make sure you:

1.Check today’s gold price for 24K and 22K

2.Compare gold rates across cities

3.Watch MCX gold price trends every morning

Gold prices can change fast so staying updated helps you make better choices.

 

 

 

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