For a lot of existing gold and silver investors, falling rates of the two precious metals in June may not be good news, but the same prices may attract many new buyers who have been waiting for such an opportunity. The gold rate on the Multi Commodity Exchange of India (MCX) is down by Rs 15,000 per 10 grams, or 9.73%, compared to June 1, while the silver price in the same time frame is down by nearly Rs 45,000 per kg, or 17%. Investing at lower prices may help new investors as a recovery from here will benefit them. But there is always a risk of prices falling further down. What should new investors do? And what about the existing investors? Will they see their investments recovering or further dips will add to their worries?Daily and overall changes in gold price on MCX (Since June 1, 2026) Date Spot Price (₹/10 gm) Daily Change (₹) Total Impact Since June 1 (₹) 01-Jun-26 1,54,908 — 0 02-Jun-26 1,56,113 1,205 1,205 03-Jun-26 1,54,529 -1,584 -379 04-Jun-26 1,55,392 863 484 05-Jun-26 1,53,959 -1,433 -949 08-Jun-26 1,50,235 -3,724 -4,673 09-Jun-26 1,51,747 1,512 -3,161 10-Jun-26 1,46,695 -5,052 -8,213 11-Jun-26 1,44,730 -1,965 -10,178 12-Jun-26 1,47,367 2,637 -7,541 15-Jun-26 1,50,133 2,766 -4,775 16-Jun-26 1,50,192 59 -4,716 17-Jun-26 1,49,738 -454 -5,170 18-Jun-26 1,47,677 -2,061 -7,231 19-Jun-26 1,44,606 -3,071 -10,302 22-Jun-26 1,46,740 2,134 -8,168 23-Jun-26 1,44,323 -2,417 -10,585 24-Jun-26 1,42,512 -1,811 -12,396 25-Jun-26 1,39,843 -2,669 -15,065 Daily and overall changes in silver price on MCX (Since June 1, 2026) Date Spot Price (₹/kg) Daily Change (₹) Total Impact Since June 1 (₹) 01-Jun-26 2,63,458 — 0 02-Jun-26 2,65,504 2,046 2,046 03-Jun-26 2,61,939 -3,565 -1,519 04-Jun-26 2,60,255 -1,684 -3,203 05-Jun-26 2,57,129 -3,126 -6,329 08-Jun-26 2,41,617 -15,512 -21,841 09-Jun-26 2,45,657 4,040 -17,801 10-Jun-26 2,33,648 -12,009 -29,810 11-Jun-26 2,33,231 -417 -30,227 12-Jun-26 2,41,306 8,075 -22,152 15-Jun-26 2,51,327 10,021 -12,131 16-Jun-26 2,49,333 -1,994 -14,125 17-Jun-26 2,47,576 -1,757 -15,882 18-Jun-26 2,41,330 -6,246 -22,128 19-Jun-26 2,31,829 -9,501 -31,629 22-Jun-26 2,37,793 5,964 -25,665 23-Jun-26 2,27,482 -10,311 -35,976 24-Jun-26 2,23,754 -3,728 -39,704 25-Jun-26 2,18,680 -5,074 -44,778 Why are gold and silver rates falling?Vedika Narvekar, research analyst, Anand Rathi Share and Stock Brokers, told ET Wealth gold and silver prices have fallen sharply over the past week following the Federal Reserve's hawkish guidance.Narvekar explains Federal Reserve policymakers have signalled growing support for higher interest rates, with new Chair Kevin Warsh adopting a hawkish tone at his first rate-setting meeting last week.“Expectations of tighter monetary policy have strengthened the U.S. dollar and pushed bond yields higher, making bullion less attractive,” says Narvekar.From their all-time highs in January 2026, gold is down nearly 29% below the $4,000 level, while silver has declined by more than 50% and is hovering around $57/oz.On the MCX, however, the extent of the decline has been lower, with gold and silver falling by 22% and 49%, respectively, largely due to an increase in import duties, says Narvekar.Prithviraj Kothari, managing director at RiddiSiddhi Bullions Ltd., president of India Bullion and Jewellers Association Ltd. (IBJA), told ET Wealth that other than the Federal Reserve’s hawkish stance, the unwinding of yen carry trades — as USDJPY slides to a 40-year low on rising Japanese interest rates — is generating ripple-effect selling across safe-haven assets.“That hawkish repricing, combined with the dollar trading at 13-month highs and softening inflation expectations, is placing heavy and concurrent pressure on precious metals,” says Kothari.How soon can gold and silver prices recover from here?Kothari opines precious metal price recovery will depend on the US dollar’s price direction and Fed signals.Once rate hike fears peak, both metals should stabilise and gradually recover, opines Kothari.Is it the right time to invest in gold and silver?Kothari says current gold and silver price levels represent a meaningful accumulation opportunity for patient and long-term investors as both metals are available well below their January 2026 all-time highs, and dollar-cost averaging at these levels will lower their average purchase.Kothari advises investors following a staggered SIP-based approach across both metals.Narvekar’s advice for long-term investors is to accumulate gradually on dips, particularly near key support levels, as the medium- to long-term outlook remains positive.However, for silver, Narvekar has a cautious approach.“While the metal has strong long-term potential, its dual role as both a precious and industrial metal makes it more sensitive to economic growth. Ongoing geopolitical uncertainties and macroeconomic headwinds could keep silver prices relatively more volatile than gold,” opines Narvekar.What should existing investors do amid falling gold and silver prices?Kothari advises them to stay calm and do not panic-sell. The IBJA president says what has changed is only the paper price — a reflection of short-term rate expectations, not the fundamental reason for holding precious metals.For investors with surplus capital, Kothari’s advise it to use the price correction to average down their cost basis through systematic buying.“Avoid making long-term portfolio decisions based on short-term price swings,” advises Kothari.What can be the best form to invest in gold and silver?Narvekar says the preferred forms of gold and silver are financial instruments rather than physical jewellery.The analyst reveals that in India, the best options are – gold/silver ETFs- suitable for investors wanting liquidity, transparency, and easy market access.“Gold mutual funds are suitable for SIP investors who do not want a demat account. Digital gold can be used only for small convenience-based purchases, but it is less regulated compared to ETFs,” advises Narvekar.