Gold Rate Today (June 19, 2026): Gold prices have been under pressure since the start of Iran war. (Image Source: AI generated) Gold Rate Today (June 19, 2026): Gold prices continue to see volatility on Friday, June 19, 2026, with the precious metal extending its recent decline in both futures and physical markets. The August gold futures contract on Multi Commodity Exchange (MCX) dropped by Rs 2,644, or 1.77 per cent, to Rs 1,46,665 per 10 grams. In the previous trading session, the contract had settled at Rs 1,49,309 per 10 grams. Thursday alone saw a decline of around Rs 4,500, underscoring the heightened fluctuations in the bullion market. Data released by the Indian Bullion and Jewellers Association (IBJA) showed 24-carat gold trading at Rs 1,48,093 per 10 grams. Meanwhile, bullion market data placed the price at Rs 1,49,660 per 10 grams. Retail rates quoted by market tracker Goodreturns were higher, with 24-carat gold priced at Rs 1,51,250 per 10 grams. According to IBJA, 23-carat gold stood at Rs 1,47,500 per 10 grams, while 22-carat gold was quoted at Rs 1,35,653 per 10 grams. The price of 18-carat gold was reported at Rs 1,11,070 per 10 grams, whereas 14-carat gold was valued at Rs 86,634 per 10 grams. 24K, 22K, 18K Gold Rate In Delhi, Chennai, Mumbai And Other Major Cities Gold has been under pressure amid improving domestic market conditions and changing global cues. According to market experts, a stronger rupee and gains in the Indian equity market have encouraged investors to move funds away from safe-haven assets such as bullion. The decline also follows the US Federal Reserve's latest policy announcement. Market participants closely analysed comments from Federal Reserve Chairman Kevin Warsh regarding the possibility of interest rate increases in 2026 if the US economy continues to perform strongly. Dr. Ravi Singh – Chief Research Officer – Master Capital Services, noted, "MCX Gold futures witnessed heavy selling pressure, declining 2.97 per cent to settle at 149,309. The sharp fall came after prices faced strong resistance near the 21-day and 55-day EMAs, reinforcing the weakness in the short-term trend. The contract also slipped below the important 151,000 support level, indicating that bears remain in control. As long as prices trade below the 153,500–154,000 resistance zone, the outlook is likely to remain negative and any bounce may attract selling interest. On the downside, immediate support is seen near 148,000, while a breach below this level could extend the decline towards 146,300." "Gold prices in the international market remained under pressure and were headed for a third consecutive weekly decline. A stronger US dollar and the Federal Reserve’s hawkish stance continued to weigh on bullion prices, overshadowing the positive impact of the interim U.S.-Iran peace agreement. The Fed kept interest rates unchanged, but policymakers signaled that rates could remain higher for longer, with several officials still expecting at least one rate hike later this year. Higher Treasury yields and a firm dollar reduced the appeal of non-yielding gold, keeping prices under pressure despite easing geopolitical tensions," he added According to PTI, Jatin Trivedi, Vice President Research Analyst (Commodities and Currency) at NKP Securities, said that gold prices saw a sharp decline after the Federal Reserve's policy announcement, as comments by new Federal Reserve Chairman Kevin Warsh indicated that if the US economy remains strong, interest rates could rise once in 2026. He further noted that the Federal Reserve's assessment of stable economic growth and a robust labour market strengthened the US dollar, putting additional pressure on bullion prices. She is working as a Chief Copy Editor at Times Now’s Business Desk, where she covers key developments in the stock market, Indian corporates across se... View More