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There was a terrible earthquake in the prices of gold and silver! Prices increased so much in a single day, see today’s latest price
Business

There was a terrible earthquake in the prices of gold and silver! Prices increased so much in a single day, see today’s latest price

me.sumitji@gmail.com 12 Jun 2026 3 days ago

Gold Silver Rate Today: From the bullion market to MCX, today the shine of precious metals has suddenly increased a lot. If you too are planning to buy jewelery for your wedding or are thinking of investing in gold, then there is a big and strong news for you today. Today you will have to spend a lot of time in your pocket to buy gold and silver. As soon as the market opened today, gold prices have registered a huge rise of ₹ 1,024, while silver has taken a huge jump of ₹ 3,257, breaking the record.
Huge loot in the futures market, stunned after seeing the boom
Heavy buying was seen in the August 2026 futures deals of gold on Multi Commodity Exchange i.e. MCX since this morning. By 9:54 am, the price of 10 grams of gold reached a record level of ₹ 149,956. This is a direct and big increase of ₹ 1,024 or 0.69 percent compared to its previous closing price. According to big market experts, the effect of ‘short covering’ is clearly visible in the market. Big traders who had earlier sold in the hope that the prices would fall, are now scared of this sudden rise and are quickly closing their positions. This panic has pushed the prices of gold even higher.
Silver also gained speed like a rocket, investors were surprised
Not only gold, but silver has also completely surprised its investors today. There is currently a tremendous bullish atmosphere in the silver futures of July 2026. Till morning trade, the price of one kg silver was trading at ₹242,910. This is a huge jump of ₹3,257 or 1.36 per cent directly from the previous price. Like gold, there is a situation of short covering in the silver market at present. Speculators and businessmen who were predicting a continuous decline in the market are now To avoid huge losses, people started buying immediately, due to which the prices of silver are showing no sign of stopping and are continuously rising.
Customers got a big shock in the retail market, jewelery became so expensive
This tremendous movement in the futures market (MCX) has had a direct and major impact on the retail bullion markets of our cities. Today, on June 12, 2026, gold has become costlier by ₹ 820 in the retail market and is being sold at ₹ 150,360 per 10 grams, which is a direct increase of 0.55 percent. At the same time, silver has left gold far behind in terms of its rise in the retail market. Today the price of silver has increased by a huge Rs 2,500. After this big increase, the price of one kg silver has now reached the level of ₹ 243,960. That means today a huge increase of 1.04 percent has been recorded in silver in the retail market.

There was a terrible earthquake in the prices of gold and silver! Prices increased so much in a single day, see today's latest price

Disclaimer: This article is for general information only. This should not in any way be considered as advice for investing in the stock market or bullion market. Before taking any major decision related to money, definitely consult your financial advisor.

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