By Admin 
- Gold and silver prices showed improvement after falling last week.
- Gold and silver are also trading strongly in the futures market.
- Rates had fallen last week due to signals from the US Federal Reserve.
- Demand for gold increased due to investors buying at low prices.
Gold-Silver Rate Today on June 22: After last week’s fall, today on June 22, a slight recovery is being seen in the prices of gold and silver. According to GoodReturns, today, the price of 24 carat gold rose by Rs 43 to Rs 14,651 per gram, while the price of 22 carat gold rose by Rs 40 to Rs 13,430 per gram. However, no change is being seen in the prices of silver today. The price of silver remains at Rs 250 per gram, while the price of 1 kg of silver in the domestic market is Rs 2,50,000.
Prices also increased in futures markets
Today on MCX (Multi-Commodity Exchange), the price of gold with August futures is trading strongly at Rs 1,48,040 per 10 grams. At the same time, MCX Silver July Futures is trading at Rs 2,36,490 per kg with a strength of about 1.13%.
Gold price today in metros (per 10 grams)
| City | 24 carat gold price | 22 carat gold price | price of silver |
| Delhi | Rs 1,46,660 | Rs 1,34,450 | Rs 2,50,000 |
| Mumbai | Rs 1,46,510 | Rs 1,34,300 | Rs 2,50,000 |
| Kolkata | Rs 1,46,510 | Rs 1,34,300 | Rs 2,50,000 |
| Chennai | Rs 1,48,360 | Rs 1,35,990 | Rs 2,50,000 |
How much was the decline last week?
Last week, the price of 24 carat gold had fallen by Rs 5228 per 10 grams in the retail markets of the country. At the same time, in the last trading session of last week on June 19, the price of gold on Multi-Commodity Exchange (MCX) had fallen by Rs 2750 per 10 grams.
During this period, there was a big fall in the price of silver, which ranged from Rs 10609 to Rs 12000 per kg. Actually, this fall in the prices of gold and silver was due to the signal of the US Federal Reserve not to reduce the interest rates soon. When interest rates remain high, investors start withdrawing money from gold and investing it in banks or government bonds because here they get interest without any risk.
Then how did the price increase today?
After last week’s huge fall, gold had fallen to its record low. In such a situation, keeping in mind the future profits, investors started buying it at lower levels. When its demand increased in the market, the prices automatically started rising again.
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