Gold and Silver Prices See Big Drop Across India and UAE
Precious metals turn cheaper on Wednesday with gold falling over 480 rupees per gram in India
Gold and silver prices witnessed a sharp correction on Wednesday, June 10, 2026, bringing some relief to buyers in both India and the UAE.
In India, pure 24 carat gold is now priced at 14,771 rupees per gram. This marks a steep fall of 484 rupees from the previous close. The 22 carat variant, which is commonly used for jewellery, dropped by 443.67 rupees to 13,540.08 rupees per gram. Meanwhile, 18 carat gold declined by 363 rupees to 11,078.25 rupees per gram.
The UAE market mirrored the downward trend. The price for 24 carat gold fell by 18 dirhams to 493 dirhams per gram. 22 carat gold is now trading at 451.92 dirhams after a drop of 16.50 dirhams. The 18 carat price slipped by 13.50 dirhams to 369.75 dirhams per gram.
Silver also followed suit. In India, one gram of 999 fine silver is available for 250 rupees, down 10 rupees from yesterday. In the UAE, the same quality silver is priced at 7.60 dirhams per gram, registering a fall of 0.40 dirhams.
The sharp decline presents a potential buying window for investors and shoppers planning a purchase.