Key facts
- Gold prices increased on June 12, 2026.
- Easing inflation and hopes for geopolitical stability influenced gold prices.
- A potential US-Iran peace deal was cited as a factor for geopolitical stability.
- Silver prices declined on Friday, June 5, 2026.
- The jobs report release preceded the decline in silver prices.
- Fuel prices in India remained unchanged on June 13.
- Fuel prices in India had increased by nearly ₹7.50 per litre since mid-May.
- Oil companies maintained fuel rates despite global market volatility.
Gold prices rose on June 12, 2026, as inflation concerns eased and hopes for geopolitical stability, including a potential US-Iran peace deal, gained traction. Specific rates varied across Indian jewelry brands and the India Bullion and Jewellers Association (IBJA). In contrast, silver prices continued a downward trend on Friday, June 5, 2026, reacting to the release of the jobs report. This decline suggests ongoing market adjustments in response to the economic data. Meanwhile, fuel prices in India remained unchanged on June 13 across major cities. This pause offered consumers a respite after cumulative price hikes of nearly ₹7.50 per litre since mid-May. Oil companies maintained current rates despite global crude oil market volatility and geopolitical concerns that have been impacting energy supplies.