Gold price today: Gold prices created a new history on the domestic futures market (MCX) on Monday, June 16. The price of gold delivery gold reached Rs 1,01,078 per 10 grams in the first part of the day. However, later it was slightly cooled and stabilized around Rs 1,00,290. The boom was seen mainly due to the increasing military tension between Israel and Iran, increasing the demand for safe investment worldwide.

Why sleep?

Israel has taken fresh military action on Iran, causing the threat of widespread war in the whole of West Asia. The US has also warned of possible intervention and Israel has announced an emergency. At this time, investors from all over the world feel that this war may have an impact on the stock market in the coming time. This is the reason that investors are investing their money in gold called safe haven. This is not the first time that gold has gained momentum due to increased tension between two countries. Earlier, gold also gained momentum in India Pakistan tension, Russia Ukraine Tension and the ongoing tariff war between America China.

On the other hand, the US dollar strengthening and the policy meeting of US Federal Reserve to be held on 18 June has kept investors a little cautious. But despite the positive of the US’s latest inflation figures (CPI), there is a danger of breaking nuclear dialogue between Iran-America, which may push gold further.

What will happen next?

Gold resistance on COMEX is considered to be $ 3,476. If the current speed persists, then it can also go up to $ 3,540. Gold is getting support at Rs 98,900 on MCX. If the stress is increased, then the rate of gold can again reach Rs 1,02,000 in future.

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The speed of gold is now slowing down. After touching a record height of $ 3,500 an ounce in April of 2025, gold prices are seeing a decline. Right now gold is trading at $ 3,250, which is about $ 250 or 7 percent less than its all -time high. In the last 9 months, gold had shown a rise of about 50 per cent, but now the questions are arising in investors whether this rally has stopped now?

Gold-silver and gold-platinum ratio giving warnings

According to the report of Financial Express, Gold/Silver Ratio has currently reached 100: 1 level, which means that 100 ounces of silver are required to buy one ounce gold. Historically, this ratio has been close to 70: 1. That is, either gold will be cheaper or silver expensive. Similarly, Gold/Platinum Ratio has also lived between 1 to 2 in the last two decades, but it is currently at 3.5. This means that the value of gold has been overstated and correction may come in it.

What have changed the reasons that gave gold to gold?

Geopolitical tension of 2022-23, heavy purchases of central banks and global uncertainty increased gold demand. But in 2025, the tariff declared by Donald Trump worked to pour ghee in the fire. Since February 2025, gold caught faster. But now Trump’s attitude seems to be soft. There is a possibility of trade tox between the US-China and the market hopes that tariff structure may be relaxed. With this, investors have withdrawn money from gold and turned to equity and industrial commodities.

Strong dollar also put pressure on gold

The US Dollar Index has recently reached above 100, which is the highest level of the last three years. Usually when the dollar is strong, gold prices have a negative effect. For this reason, a recent decline in gold has been seen.

Will gold shine again?

It is difficult to predict, but if the global uncertainty emerges again, such as recession, trade war or a crisis in the federal date of America, then gold can gain rapidly. At present, the US has a loan of $ 36 trillion, and if the Federal Reserve reduces interest rates, it can support gold. The decline of US GDP (-0.3 per cent), a decrease in consumer confidence and a possible interest rate deduction in June, all these factors can go to the gold side.

Gold in India at 92,820

Gold prices in India are currently 92,820 per 10 grams, which is quite below the record of 1 lakh on April 22. In such a situation, buyers and long-term investors can consider it a chance to “buy” in the dip “for marriage.

Gold will be decided in June

There are two big events in June. After both these incidents, the direction of gold can be decided.

June 9: The 90 -day deadline of Trump’s ‘Reciprocal Tarifs’ will end.

17-18 June: Us FODERAL RESERVE FOMC meeting, in which rate cut is expected.

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The price of gold was a decline for 4 consecutive days. But now the prices of gold will not fall, but are ready to reach the sky. Experts believe that there is a decision of America and China behind it. Talking about today, there was a tremendous jump in gold prices in the US.

Gold in the US reached $ 3,007.79 an ounce. It is about Rs 2,51087.37 lakh in Indian rupees. It saw a rise of $ 40.58 in just 24 hours. In such a situation, it is coming out in many reports that in the coming time the price of gold can increase at the speed of rocket.

How to increase gold prices

Tension is increasing in China and America regarding Donald Trump’s tariff policy. Actually, Trump had imposed the most tariff on China while announcing the reciperook tariff. In response, China imposed a tariff of 34 percent on the US. Angered by this action of China, Trump threatened to impose 50 percent tariff on Chinese imports.

Trump’s threat caused China further angry and reacted sharply to it. Experts believe that if the situation remains the same, then in the coming time, this fight can turn into a trade war. If this happens, gold will become the best option of investment and people will invest fiercely in gold. This will happen that the demand for gold will increase and its prices will reach the sky. Apart from this, the expectation of tension in Eastern Europe and Middle East, rising inflation and interest rates in the US can also increase gold prices at the speed of the pill.

Gold prices increased in India too

There was a tremendous bounce in the gold futures on India’s Multi Committee Exchange (MCX). The gold futures with June 2025 delivery were traded at Rs 87,979, a gain of 1.21 per cent or Rs 1,051, which is quite above the closing price of 86,928 on Monday.

What do big banks have to say?

The price of gold is going to reach the sky, they are not only common people, but also the top banks and analysts from all over the world. HSBC has increased its gold price estimate to $ 3,015 an ounce for 2025. While the bank of America is even more bullish, it believes that gold can go up to $ 3,063 an ounce. The report of Standard Chartered says that gold can also touch the $ 3,300 mark in the second quarter.

Central banks are also doing gold hoarding

You will be surprised to know that not only investors, but also central banks from all over the world are busy buying gold. Countries like China, India and Russia are increasing their gold reserve to reduce dependency on dollars. Due to this, demand in the market has increased further and prices are climbing. According to the report of World Gold Council, in 2025 also Central Banks can procure gold at record levels like 2023 and 2024.

If the interest rates decrease, the price of gold will increase further

America’s central bank may reduce interest rates at least twice this year. Gold will get direct benefit of this. Because when interest rates fall, investments with fixed income (such as bonds) look less attractive and the demand for gold increases. That is, it is also expected to reach the sky prices.

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