# A Surging Dollar Battered Bullion, Yet MCX Gold And Silver Clawed Back Gains On June 25

> Even with the US dollar at a more-than-one-year high and weeks of heavy selling in precious metals, MCX gold rose 0.3% and silver jumped over 1.5% on June 25, with silver hitting a fresh day's high of Rs 2,16,360 per kg.

**Type:** article · **Category:** Money · **Published:** 2026-06-25 · **Source:** TrendKia
**Canonical:** https://trendkia.com/en/money/dolara-eka-sala-ke-unche-stara-para-phira-bhi-mcx-para-sona-aura-chandi-ne-bhari-urana-2931 · **Language:** English
**Tags:** Gold price, Silver price, MCX, Gold silver rate, US dollar, Federal Reserve, Precious metals

Even as the dollar held at a more-than-one-year high and precious metals faced relentless selling, both gold and silver bounced back from their lows on the MCX on June 25. Gold climbed Rs 380, or 0.3%, to Rs 1,41,650 per 10 grams, while silver outshone it with a jump of more than 1.5%, or Rs 3,285, to touch a fresh day's high of Rs 2,16,360 per kg.

## How Gold And Silver Moved On MCX
Despite spot gold slipping below a key level internationally and the dollar parked at a one-year high, both metals gathered strength on the MCX. Gold hit an intraday high of Rs 1,41,989 per 10 grams during the session.

At one point in the day silver also traded Rs 824, or 0.4%, higher at Rs 2,13,899 per kg, after sinking to an intraday low of Rs 2,10,043 per kg in early trade. Gold, too, edged up cautiously, recovering from an intraday low of Rs 1,40,543 per 10 grams to Rs 1,41,476, a gain of more than Rs 200.

## The Market Picture: Gaurav Garg's View
According to Gaurav Garg, research analyst at the Lemonn markets desk, gold posted a slight uptick in the commodity market, rising 0.28% to a level equivalent to roughly Rs 1,21,501 per 10 grams. Silver, on the other hand, fell sharply to around Rs 1,73,692 per kg, its lowest since December 2025, dragged down by a broad sell-off in precious metals amid easing geopolitical tensions and a stronger US dollar. Crude oil also slid 1.25%, with WTI crude at roughly Rs 6,560 per barrel, as demand worries persisted against a backdrop of global economic uncertainty.

## Pressure From The Dollar And A Hawkish Fed
Even with tensions in the West Asia conflict cooling, precious metals stayed under heavy selling pressure through June 2026. The biggest reason is the US Federal Reserve's hawkish stance and the likelihood of rate hikes in 2026. Against a basket of major currencies the dollar has risen to its highest level in more than a year, pushing past the 101.50 mark. A pricier dollar makes dollar-denominated commodities such as gold costlier for buyers holding other currencies.

Last week the Fed left interest rates unchanged but signalled growing support for tighter monetary policy, with Chair Kevin Warsh underscoring his commitment to bringing inflation under control. Markets are now pricing in a possible rate hike in September, with further increases potentially before year-end. Higher rates usually dull the appeal of non-yielding assets like gold and silver.

Those rate-hike expectations have overshadowed the positive effect of progress in US-Iran peace negotiations, which has pulled crude oil back to pre-conflict levels and sharply eased inflationary pressures.

## Sharp Drop In ETFs
With precious metal prices falling for a second straight session, gold and silver ETFs slid sharply too. Silver ETFs were hit hardest, with some funds down as much as 8%, while most gold ETFs lost between 1% and 4%. The sell-off followed weakness in both the domestic MCX and global bullion markets.

## What Investors Are Being Advised
Market experts believe long-term investors should treat the correction as an opportunity rather than a reason to exit. They suggest building up gradually through SIPs or staggered purchases, keeping precious metals at roughly 5% to 15% of a diversified portfolio, with gold preferred for stability and silver viewed as a higher-volatility growth asset.

## Today's Carat-Wise Gold Rates
In 18 carat, 100 grams of gold tumbled Rs 20,800 to Rs 10,51,000, 10 grams fell Rs 2,080 to Rs 1,05,100, 8 grams slipped Rs 1,664 to Rs 84,080, and 1 gram dropped Rs 208 to Rs 10,510.

For 22 carat gold, 100 grams plunged Rs 25,500 to Rs 12,84,500, 10 grams dropped Rs 2,550 to Rs 1,28,450, 8 grams fell Rs 2,040 to Rs 1,02,760, and 1 gram dipped Rs 255 to Rs 12,845.

In 24 carat, the price of 100 grams fell Rs 27,800 to Rs 14,01,300, 10 grams dropped Rs 2,780 to Rs 1,40,130, 8 grams slid Rs 2,224 to Rs 1,12,104, and 1 gram eased Rs 278 to Rs 14,013.

## What this means for you
- **For investors:** Amid the slide in gold and silver, experts call it a chance to buy through SIPs and staggered purchases rather than sell, advising 5% to 15% of a portfolio in precious metals.
- **For jewellery buyers:** 24 carat 10 grams of gold is now Rs 2,780 cheaper at Rs 1,40,130, meaning purchases can currently be made at relatively lower prices.

## Questions & Answers

### 1. What was the gold price on MCX today?
Gold rose Rs 380, or 0.3%, to Rs 1,41,650 per 10 grams on the MCX and touched an intraday high of Rs 1,41,989.

### 2. How much did silver jump?
Silver climbed more than 1.5%, or Rs 3,285, to a fresh day's high of Rs 2,16,360 per kg.

### 3. Why are precious metals under pressure?
A stronger US dollar, the Fed's hawkish stance and expectations of rate hikes this year are weighing on gold and silver.

### 4. How high has the dollar risen?
The dollar is at a more-than-one-year high, having moved past the 101.50 mark.

### 5. How did ETFs perform?
Some silver ETFs fell as much as 8%, while most gold ETFs lost between 1% and 4%.

### 6. What is the 24 carat 10 grams gold rate?
24 carat 10 grams of gold dropped Rs 2,780 to Rs 1,40,130.

### 7. What should investors do?
Experts advise treating the dip as an opportunity, buying gradually via SIPs and keeping 5% to 15% of a portfolio in precious metals.

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