Gold Price Today 03 June 2026: Gold prices in India on 03 June 2026 continued to reflect global uncertainty, currency pressure, and steady safe-haven demand while domestic rates moved higher as international bullion markets stayed firm amid geopolitical tension and inflation concerns.
LIVE Gold Price Today | Domestic Gold Prices (India) – 03 June 2026
- 24K Gold: ₹15,636 per gram
- 22K Gold: ₹14,334 per gram
- 18K Gold: ₹11,731 per gram
- 10 grams (24K): ₹1,56,360
- Market tone: Slightly bullish
- Key driver: Weak dollar + geopolitical risk
Note: Final purchase prices at retailers will include 3% GST and additional making charges, which typically range from 5% to 25% for physical silver items.
LIVE Gold Price Today | Tanishq, IBJA & Major Jewellers (03 June 2026)
| Jeweller / Benchmark | 24K Gold (10g) | 22K Gold (10g) | Market Note |
| IBJA Reference Rate | ₹1,61,450 | ₹1,47,900 | Wholesale benchmark |
| Tanishq | ₹1,63,200 | ₹1,49,800 | Premium retail pricing |
| Malabar Gold & Diamonds | ₹1,62,600 | ₹1,48,700 | Strong southern demand |
| Kalyan Jewellers | ₹1,62,400 | ₹1,48,500 | Wedding-driven sales |
| Joyalukkas | ₹1,62,550 | ₹1,48,600 | Stable retail demand |
| Senco Gold | ₹1,62,300 | ₹1,48,300 | Eastern India dominance |
Check City-Wise Gold Rate Today (per 10 grams)
Delhi Gold Rate Today
- 24K: ₹15,636/g
- 22K: ₹14,334/g
- 18K: ₹11,731/g
- Trend: Mild upward bias
- Demand: Stable wedding season buying
Mumbai Gold Rate Today
- 24K: ₹15,620/g
- 22K: ₹14,320/g
- Premium slightly lower than Delhi
- Influence: Import-heavy pricing zone
Chennai Gold Rate Today
- 24K: ₹15,670/g
- 22K: ₹14,360/g
- Higher making charges impact retail price
- Demand: Strong southern jewellery market
Bangalore Gold Rate Today
- 24K: ₹15,640/g
- 22K: ₹14,340/g
- IT income-driven steady demand
- Trend: Stable to firm
Hyderabad Gold Rate Today
- 24K: ₹15,655/g
- 22K: ₹14,350/g
- Strong bridal demand
- Slight premium vs western cities
Kolkata Gold Rate Today
- 24K: ₹15,630/g
- 22K: ₹14,330/g
- Stable urban consumption
- Moderate volatility
Kerala Gold Rate Today
- 24K: ₹15,680/g
- 22K: ₹14,370/g
- Highest jewellery consumption per capita
- Premium pricing zone
Pune Gold Rate Today
- 24K: ₹15,635/g
- 22K: ₹14,335/g
- Stable industrial-income driven demand
- No major volatility
Ahmedabad Gold Rate Today
- 24K: ₹15,625/g
- 22K: ₹14,325/g
- Business-linked demand
- Slight discount vs south India
Vadodara Gold Rate Today
- 24K: ₹15,620/g
- 22K: ₹14,320/g
- Stable trading pattern
- Minimal fluctuation
Jaipur Gold Rate Today
- 24K: ₹15,645/g
- 22K: ₹14,345/g
- Wedding demand supports prices
- Seasonal buying active
Lucknow Gold Rate Today
- 24K: ₹15,640/g
- 22K: ₹14,340/g
- Rural + urban mix demand
- Stable trend
International Gold Rates Today
- Spot Gold: $4,481/oz
- Weekly low: $4,420/oz
- Trend: Mild bullish
- Dollar impact: Slight resistance on upside
- Inflation: Supporting long-term demand
LIVE Gold Price Today | Gold Price per Ounce
- Spot: $4,481.53
- Futures: $4,511.20
- Change: +0.1%
- Bias: Neutral to bullish
Major Indian Gold City Rates: 24K, 22K & 18K
| City | 24K Gold (₹/10g) | 22K Gold (₹/10g) | 18K Gold (₹/10g) |
| Delhi | 1,56,360 | 1,43,340 | 1,17,310 |
| Mumbai | 1,56,200 | 1,43,200 | 1,17,100 |
| Chennai | 1,56,700 | 1,43,600 | 1,17,500 |
| Bangalore | 1,56,400 | 1,43,400 | 1,17,300 |
| Hyderabad | 1,56,655 | 1,43,500 | 1,17,450 |
| Kolkata | 1,56,300 | 1,43,300 | 1,17,250 |
| Kerala | 1,56,800 | 1,43,700 | 1,17,600 |
| Pune | 1,56,350 | 1,43,350 | 1,17,280 |
| Ahmedabad | 1,56,250 | 1,43,250 | 1,17,200 |
| Vadodara | 1,56,220 | 1,43,220 | 1,17,180 |
| Jaipur | 1,56,450 | 1,43,450 | 1,17,350 |
| Lucknow | 1,56,420 | 1,43,420 | 1,17,330 |
| Surat | 1,56,260 | 1,43,260 | 1,17,210 |
| Chandigarh | 1,56,380 | 1,43,380 | 1,17,300 |
| Indore | 1,56,150 | 1,43,150 | 1,17,100 |
| Patna | 1,56,300 | 1,43,300 | 1,17,250 |
| Coimbatore | 1,56,750 | 1,43,650 | 1,17,580 |
| Nagpur | 1,56,280 | 1,43,280 | 1,17,220 |
| Bhopal | 1,56,200 | 1,43,200 | 1,17,150 |
| Kochi | 1,56,780 | 1,43,680 | 1,17,600 |
Note: Rates are indicative retail averages and may vary by jeweller, making charges, GST and locality.
Major Countries Gold Rates Today: 24K, 22K & 18K
| Country | 24K Gold (per gram) | 22K Gold (per gram) | 18K Gold (per gram) | Market Trend |
| India | ₹15,636 | ₹14,334 | ₹11,731 | Stable to firm |
| United States | $151 | $143 | $117 | Slightly bullish |
| United Arab Emirates | AED 545 | AED 502 | AED 413 | Stable demand |
| United Kingdom | £112 | £102 | £84 | Mild upward bias |
| Singapore | SGD 203 | SGD 186 | SGD 152 | Stable |
| Saudi Arabia | SAR 563 | SAR 515 | SAR 421 | Firm due to oil-led inflation |
| China | ¥985 | ¥905 | ¥740 | Balanced demand |
| Canada | CAD 205 | CAD 188 | CAD 155 | Stable |
| Australia | AUD 235 | AUD 215 | AUD 178 | Mild bullish |
| Switzerland | CHF 135 | CHF 124 | CHF 102 | Safe-haven demand strong |
Note: Rates are indicative market prices and may vary by taxes, premiums, exchange rates and local dealer charges.
Gold Rate in India for Last 10 Days (1 kg)
| Date | Price (₹) |
| Jun 03 | 15.63L |
| Jun 02 | 15.64L |
| Jun 01 | 15.63L |
| May 31 | 15.71L |
| May 30 | 15.71L |
| May 29 | 15.77L |
| May 28 | 15.62L |
| May 27 | 15.84L |
| May 26 | 15.90L |
| May 25 | 15.95L |
International Market Sentiment & Key Drivers
- Geopolitical tensions in West Asia
- Weak US dollar index
- Central bank gold accumulation
- Inflation hedge buying
Domestic Market Sentiment & Key Drivers
- Wedding season demand
- Rupee fluctuations
- Import duty structure
- Retail buying momentum
Oil & Inflation
- Brent Crude Oil: $96.00 per barrel (recent high near $110 in volatile sessions)
- WTI Crude Oil: $93–$97 per barrel range in recent trading sessions
- 2026 Average Forecast: $58–$66 per barrel (most analysts expect mild surplus pressure long-term)
- Oil prices surged over 50% from pre-conflict levels due to Middle East tensions and supply disruptions
- Strait of Hormuz risks removed nearly 14 million barrels/day of supply exposure in stress scenarios
- Inventory draws expected for 6 consecutive weeks, signaling tight near-term supply
- Rising crude prices add transport + freight cost inflation (estimated +8% to +15% impact in logistics sectors in high-crude phases)
- Global supply expected to face a 500,000 to 8 million barrels/day deficit risk range in stress scenarios
- Recent gold strength near ₹1.56 lakh/10g in India is partly supported by energy-driven inflation sentiment
Multi Commodity Exchange of India Limited Performance
- Gold futures: ₹1,60,554/10g (Aug contract)
- Gain: +0.82%
- Volume: Strong turnover
- Sentiment: Positive bias
Gold ETF Performance (2025–2026)
| Fund / ETF | 2025 Return (%) | 2026 YTD Return (%) | 1-Year Return (%) | 3-Year CAGR (%) | AUM (₹ Cr approx.) |
| Nippon India ETF Gold BeES | 58.4 – 113.4* | ~12–15 | 113.43 | ~40–42 | 23,000+ |
| HDFC Gold ETF | 58.5 – 113.0* | ~11–14 | 113.00 | ~39–41 | 14,000+ |
| SBI Gold ETF | 58.9 – 113.4* | ~10–13 | 113.42 | ~35–40 | 2,400+ |
| ICICI Prudential Gold ETF | 58.7 – 114.0* | ~12–15 | 114.01 | ~41–43 | 8,000+ |
| Kotak Gold ETF | 58.4 – 113.7* | ~11–14 | 113.72 | ~40–42 | 8,000+ |
| Axis Gold ETF | ~58.6 | ~11–14 | ~113.2 | ~39 | 2,500+ |
| Aditya Birla SL Gold ETF | ~58.7 | ~11–13 | ~112.9 | ~38–40 | 1,200+ |
| Tata Gold ETF | ~58–72 | ~12–16 | ~72 (peak FY25) | ~— | 900+ |
| LIC Gold ETF | ~57–60 | ~10–12 | ~110+ | ~37–39 | 600+ |
| Mirae Asset Gold ETF | ~58–61 | ~11–14 | ~111+ | ~38–40 | 1,000+ |
Key Investment Metrics
- Real yield: Low
- Inflation hedge: Strong
- Volatility: Moderate
- Liquidity: High
Comparison: Physical Gold vs Gold ETFs
| Factor | Physical | ETF |
| Storage | Needed | None |
| Liquidity | Moderate | High |
| Charges | High | Low |
| Safety | Risky | Secure |
Market Summary
- Prices stable but elevated
- Safe-haven demand active
- Short-term volatility expected
- Long-term bullish bias intact
Can Gold Prices Rise Again?
- Yes, if inflation persists
- Geopolitical risks remain high
- Dollar weakens further
- Central banks continue buying
Key Considerations for Buyers
- Check hallmark purity
- Compare making charges
- Track daily MCX rates
- Avoid panic buying spikes
Should You Buy Gold Today Or Hold Back in UAE?
- Buy gradually on dips
- Avoid lump-sum entry
- Watch dollar movement
- Prefer ETF for flexibility
FAQ’s
Q1: Why did gold prices increase in India today?
A1: The rise in gold prices is mainly linked to global market cues such as a weaker US dollar, ongoing geopolitical tensions and steady safe-haven demand while on the domestic side, currency movement and consistent retail buying also added upward pressure.
Q2: Can Bitcoin World be considered a reliable source for gold price updates?
A2: Bitcoin World compiles data from various market feeds and exchanges, which can be useful for quick updates however, for accuracy and financial decisions, it is better to verify prices with official benchmarks like IBJA rates or established financial news platforms.
Q3: Is it a good time to buy gold or should investors wait?
A3: The decision depends on individual financial goals, risk appetite and investment horizon. Instead of reacting to short-term price movements, a long-term approach and professional financial advice are generally more reliable for gold investment decisions.
Q4: Is gold still a safe investment in 2026?
A4: Yes, gold continues to be viewed as a safe-haven asset, especially during inflationary periods, currency weakness, or global uncertainty however, returns are market-dependent and not guaranteed.
Q5: Why do gold prices fluctuate daily in India?
A5: Gold prices change due to global spot rates, US dollar movement, crude oil trends, import costs and domestic demand conditions such as weddings and festivals.
Q6: What is better—physical gold or Gold ETFs?
A6: Physical gold offers ownership and cultural value, while Gold ETFs provide higher liquidity, lower storage risk and more transparent pricing while the choice depends on investor preference.
Q7: Does gold give monthly income like stocks?
A7: No, gold does not generate regular income while its value comes only from price appreciation over time, unlike dividends from stocks or interest from bonds.
Q8: What affects gold prices the most globally?
A8: Key drivers include inflation levels, central bank policies, geopolitical tensions, US dollar strength and global interest rate movements.
Disclaimer: Gold rates are indicative and exclude GST/TCS/levies. Final purchase prices include 3% GST and making charges. Please verify with local jewellers for exact pricing.
