Gold, Silver Rate Today, June 04: Gold prices continue to fluctuate amid the ongoing US war against Iran, causing uncertainty across global markets. Gold and silver prices traded lower on Wednesday amid escalating tensions between the US and Iran, with precious metals remaining volatile as rising crude oil prices and geopolitical uncertainty kept investors cautious. On the Multi Commodity Exchange (MCX), gold futures (August) were trading 0.26 per cent or Rs 418, lower at Rs 1,58,928 per 10 grams at around 12:10 pm, news agency IANS reported.
The yellow metal touched an intraday high of Rs 1,59,740, up 0.24 per cent or around Rs 400, while the day’s low stood at Rs 1,58,780, a decline of 0.35 per cent or Rs 566. Meanwhile, July silver futures traded 0.85 per cent or Rs 2,257 lower at Rs 2,64,450 per kilogram. The white metal touched an intraday high of Rs 2,67,495, up 0.3 per cent or Rs 788, while slipping to a low of Rs 2,64,023, down around 1 per cent or Rs 2,684.
At present, Gold rates in New Delhi are Rs 15,636 (24K), Rs 14,334 (22K), and Rs 11,731 (18K) per gram. Gold rates in Mumbai are Rs 15,621 (24K), Rs 14,319 (22K), and Rs 11,716 (18K) per gram. Gold rates in Chennai are Rs 15,817 (24K), Rs 14,499 (22K), and Rs 12,179 (18K) per gram. Gold rates in Kolkata are Rs 15,621 (24K), Rs 14,319 (22K), and Rs 11,715 (18K) per gram.
To recall our readers, Gold pricing in India is determined by both global and local factors. The international price of gold, the U.S. Dollar’s strength, and local jewelry consumption, especially around holidays, all determine gold’s intrinsic value. Consequently, the buyer in India must contend with listings that vary based on broader economic factors and seasonal market factors.
As of June 04, the Gold rates in Chennai are Rs 15,817 (24K), Rs 14,499 (22K), and Rs 12,179(18K). Gold rates in Mumbai are Rs 15,621 (24K), Rs 14,319 (22K), and Rs 11,716(18K). Gold rates in New Delhi are Rs 15,636 (24K), Rs 14,334(22K), and Rs 11, 731(18K). Gold rates in Kolkata are Rs 15,621 (24K), Rs 14,319 (22K), and Rs 11,715(18K).
Moreover, Gold rates in Bangalore are Rs 15,621(24K), Rs 14,319 (22K), and Rs 11,716 (18K). Gold rates in Hyderabad are Rs 15,621 (24K), Rs 14,319 (22K), and Rs 11,716(18K). Gold rates in Kerala are Rs 15,621 (24K), Rs 14,319 (22K), and Rs 11,716 (18K).
| Gram | 24K Gold Price | 22K Gold Price | 18K Gold Price |
|---|---|---|---|
| 1 Gram | ₹15,621 (-₹1) | ₹14,319 (-₹1) | ₹11,716 (-₹1) |
| 8 Gram | ₹1,24,968 (-₹8) | ₹1,14,552 (-₹8) | ₹93,728 (-₹8) |
| 10 Gram | ₹1,56,210 (-₹10) | ₹1,43,190 (-₹10) | ₹1,17,160 (-₹10) |
| 100 Gram | ₹15,62,100 (-₹100) | ₹14,31,900 (-₹100) | ₹11,71,600 (-₹100) |
| City | 24K Gold | 22K Gold | 18K Gold |
|---|---|---|---|
| Chennai | ₹15,817 | ₹14,499 | ₹12,179 |
| Mumbai | ₹15,621 | ₹14,319 | ₹11,716 |
| Delhi | ₹15,636 | ₹14,334 | ₹11,731 |
| Kolkata | ₹15,621 | ₹14,319 | ₹11,715 |
| Bangalore | ₹15,621 | ₹14,319 | ₹11,716 |
| Hyderabad | ₹15,621 | ₹14,319 | ₹11,716 |
| Kerala | ₹15,621 | ₹14,319 | ₹11,716 |
| Pune | ₹15,621 | ₹14,319 | ₹11,716 |
| Vadodara | ₹15,626 | ₹14,324 | ₹11,721 |
| Ahmedabad | ₹15,626 | ₹14,324 | ₹11,721 |
Currently, the price of silver in India is Rs 279.90 per gram and Rs 2,79,900 per kilogram. Although it is often less expensive than gold, silver is still a common choice for investors and jewelry buyers, especially in countries that buy more silver ornaments than gold. The price of silver also depends on the global market, as the demand for silver for industrial use and manufacturing also plays a large part in price fluctuations.
| City | 10 Gram Silver Rate | 100 Gram Silver Rate | 1 Kg Silver Rate |
|---|---|---|---|
| Chennai | ₹2,899 | ₹28,990 | ₹2,89,900 |
| Mumbai | ₹2,799 | ₹27,990 | ₹2,79,900 |
| Delhi | ₹2,799 | ₹27,990 | ₹2,79,900 |
| Kolkata | ₹2,799 | ₹27,990 | ₹2,79,900 |
| Bangalore | ₹2,799 | ₹27,990 | ₹2,79,900 |
| Hyderabad | ₹2,899 | ₹28,990 | ₹2,89,900 |
| Kerala | ₹2,899 | ₹28,990 | ₹2,89,900 |
| Pune | ₹2,799 | ₹27,990 | ₹2,79,900 |
| Vadodara | ₹2,799 | ₹27,990 | ₹2,79,900 |
| Ahmedabad | ₹2,799 | ₹27,990 | ₹2,79,900 |
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