Gold and silver prices have fallen up to 12% this month; is it time to buy?

This month, silver and gold prices took a big hit due to the easing of tensions between Iran and the US. According to data from the Multi Commodity Exchange of India (MCX), gold price fell by Rs 10,070/ 10 gram, or 6.50%, from Rs 1,54,908 on June 1 to Rs 1,44,938 on June 19, 2026. Meanwhile, silver saw a decline of Rs 30,448/kg, or 11.56%, slipping from Rs 2,63,458 on June 1 to Rs 2,33,010 on June 19.

While such a drop in asset prices might present new investment opportunities, it could also cause panic among those investors who had bought in at higher prices. So, what should both current and prospective gold and silver investors do in this scenario? Experts explain precious metal strategy for investors.

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Spot gold rate on MCX showing daily price changes (from June 1-June 19, 2026)