Gold Rate Today [04 June, 2026] LIVE Updates: US Gold Rates Edges Lower to $4,438 Amid US-Iran War; Domestic Rates Surges ₹1.58 Lakh/10g | Check City-Wise Price of 24K, 22K, 18K

Gold Price Today 04 June 2026: International spot gold at $4,438.67/oz, slides 0.16 while Domestic 24K gold drops to ₹1.56 lakh/10g in Delhi, Mumbai, Chennai. US-Iran blockade, inflation fears weigh. Get city-wise 24K, 22K & 18K gold rates. Gold ETF performance & investment insights inside.

By: Amreen Ahmad
Last Updated: June 4, 2026 04:08:31 IST

LIVE Gold Price Today: On June 4, 2026, gold prices stayed low because investors were looking at the big picture global risks, oil prices going up, US Treasuries paying more and the US dollar getting stronger. Though Middle East tensions boosted safe-haven demand for gold, prices couldn’t really climb while in India, gold was still pricey. Premium 24K gold was around ₹15,622 per gram, and 22K was at ₹14,320.

Experts say gold’s in a bind. Uncertainty from geopolitics drives its value, but fears of ongoing high interest rates keep those gains in check while globally spot gold hung around the $4,450-$4,480 per ounce range and the MCX gold futures showed weakness overall.

LIVE Gold Price Today | Domestic Gold Prices (India) – 04 June 2026

  • 24K Gold: ₹15,622 per gram
  • 22K Gold: ₹14,320 per gram
  • 18K Gold: ₹11,717 per gram
  • 10 grams 24K Gold: ₹1,56,220
  • 10 grams 22K Gold: ₹1,43,200
  • 100 grams 24K Gold: ₹15,62,200
  • Gold prices remained unchanged from the previous session.
  • Domestic rates continue to trade near historic highs.
  • Investor demand remains strong despite volatility.

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 (04 June 2026)

Institution / Jeweller 24K Gold (₹/gm) 22K Gold (₹/gm) 18K Gold (₹/gm) 10g 22K Value (₹)
IBJA Benchmark Rate 15,622 14,320 11,717 1,43,200
Tanishq 15,640 14,365 11,735 1,43,650
Kalyan Jewellers 15,630 14,350 11,725 1,43,500
Malabar Gold & Diamonds 15,628 14,345 11,720 1,43,450
Joyalukkas 15,625 14,340 11,718 1,43,400
National Average (India) 15,622 14,320 11,717 1,43,200

Note: Rates vary by city and making charges. 

Check City-Wise Gold Rate Today (per 10 grams)

LIVE Gold Price Today | Delhi Gold Rate Today

  • 24K Gold: ₹15,637/gm
  • 22K Gold: ₹14,335/gm
  • 18K Gold: ₹11,732/gm
  • Premium over national average remains marginal.
  • Demand remains steady ahead of the wedding season.

LIVE Gold Price Today | Mumbai Gold Rate Today

  • 24K Gold: ₹15,622/gm
  • 22K Gold: ₹14,320/gm
  • 18K Gold: ₹11,717/gm
  • Mumbai remains India’s key bullion benchmark market.

LIVE Gold Price Today | Chennai Gold Rate Today

  • 24K Gold: ₹15,818/gm
  • 22K Gold: ₹14,500/gm
  • 18K Gold: ₹12,180/gm
  • Highest among major Indian cities.

LIVE Gold Price Today | Bangalore Gold Rate Today

  • 24K Gold: ₹15,622/gm
  • 22K Gold: ₹14,320/gm
  • 18K Gold: ₹11,717/gm

LIVE Gold Price Today | Hyderabad Gold Rate Today

  • 24K Gold: ₹15,622/gm
  • 22K Gold: ₹14,320/gm
  • 18K Gold: ₹11,717/gm

LIVE Gold Price Today | Kolkata Gold Rate Today

  • 24K Gold: ₹15,622/gm
  • 22K Gold: ₹14,320/gm
  • 18K Gold: ₹11,716/gm

LIVE Gold Price Today | Kerala Gold Rate Today

  • 24K Gold: ₹15,622/gm
  • 22K Gold: ₹14,320/gm
  • 18K Gold: ₹11,717/gm

LIVE Gold Price Today | Pune Gold Rate Today

  • 24K Gold: ₹15,622/gm
  • 22K Gold: ₹14,320/gm
  • 18K Gold: ₹11,717/gm

LIVE Gold Price Today | Ahmedabad Gold Rate Today

  • 24K Gold: ₹15,627/gm
  • 22K Gold: ₹14,325/gm
  • 18K Gold: ₹11,722/gm

LIVE Gold Price Today | Vadodara Gold Rate Today

  • 24K Gold: ₹15,627/gm
  • 22K Gold: ₹14,325/gm
  • 18K Gold: ₹11,722/gm

LIVE Gold Price Today | Jaipur Gold Rate Today

  • 24K Gold: Around ₹15,630/gm
  • 22K Gold: Around ₹14,330/gm
  • Stable trading sentiment.

LIVE Gold Price Today | Lucknow Gold Rate Today

  • 24K Gold: Around ₹15,635/gm
  • 22K Gold: Around ₹14,335/gm
  • Demand remains moderate.

LIVE Gold Price Today | International Gold Rates Today

  • Spot Gold: Around $4,456-$4,476/oz
  • Weekly Low: Near $4,449/oz
  • US Gold Futures: Around $4,504/oz
  • Trend: Mildly bullish but volatile
  • Dollar strength is limiting gains
  • Geopolitical tensions remain supportive
  • Rising oil prices are fueling inflation concerns

LIVE Gold Price Today | Gold Price per Ounce

Metal Price
Spot Gold $4,456-$4,476
Gold Futures $4,504
Silver $74.73
Platinum $1,932
Palladium $1,365

Major Indian Gold City Rates: 24K, 22K & 18K

City 24K Gold (₹/gm) 22K Gold (₹/gm) 18K Gold (₹/gm)
Delhi ₹15,637 ₹14,335 ₹11,732
Mumbai ₹15,622 ₹14,320 ₹11,717
Chennai ₹15,818 ₹14,500 ₹12,180
Kolkata ₹15,622 ₹14,320 ₹11,716
Bangalore ₹15,622 ₹14,320 ₹11,717
Hyderabad ₹15,622 ₹14,320 ₹11,717
Kerala ₹15,622 ₹14,320 ₹11,717
Pune ₹15,622 ₹14,320 ₹11,717
Ahmedabad ₹15,627 ₹14,325 ₹11,722
Vadodara ₹15,627 ₹14,325 ₹11,722
Jaipur ₹15,630 ₹14,330 ₹11,725
Lucknow ₹15,635 ₹14,335 ₹11,730
Surat ₹15,628 ₹14,325 ₹11,720
Coimbatore ₹15,818 ₹14,500 ₹12,180
Madurai ₹15,818 ₹14,500 ₹12,180
Kochi ₹15,622 ₹14,320 ₹11,717
Bhubaneswar ₹15,622 ₹14,320 ₹11,717
Nagpur ₹15,622 ₹14,320 ₹11,717
Patna ₹15,622 ₹14,320 ₹11,717
Indore ₹15,627 ₹14,325 ₹11,722

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 Currency 24K Gold (per gram) 22K Gold (per gram) 18K Gold (per gram)
India INR ₹15,622 ₹14,320 ₹11,717
United Arab Emirates AED 536 496 406
Saudi Arabia SAR 551 504 412
Qatar QAR 537 495 405
Kuwait KWD 44.94 41.10 33.60
Bahrain BHD 54.50 50.90 41.60
Oman OMR 56.50 52.75 43.20
Singapore SGD 196.10 178.50 146.00
Malaysia MYR 588 550 450
United States USD 146.50 139.00 113.70
United Kingdom GBP 116.80 110.50 90.20
Canada CAD 199.40 188.60 154.30
Australia AUD 213.70 202.10 165.80
Switzerland CHF 133.20 126.40 103.50
Germany EUR 137.80 130.60 106.40
France EUR 137.60 130.40 106.20
China CNY 1,050 980 800
Japan JPY 22,800 21,400 17,600
South Africa ZAR 2,780 2,610 2,150
Turkey TRY 4,950 4,650 3,820

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 24K Gold/kg
Jun 04 ₹1,56,22,000
Jun 03 ₹1,56,22,000
Jun 02 ₹1,56,22,000
Jun 01 ₹1,56,22,000
May 31 ₹1,57,04,000
May 30 ₹1,57,04,000
May 29 ₹1,57,64,000
May 28 ₹1,56,06,000
May 27 ₹1,58,29,000
May 26 ₹1,58,89,000

International Market Sentiment & Key Drivers

  • Strong US labor market data
  • Rising Treasury yields
  • US-Iran geopolitical tensions
  • Middle East military escalation
  • Safe-haven demand remains intact
  • Strong dollar limiting gains

Domestic Market Sentiment & Key Drivers

  • Stable jewellery demand
  • Wedding season purchases
  • Continued ETF inflows
  • Rupee fluctuations
  • Import duty impact

Oil & Inflation

  • Brent crude trades around $100–$120 per barrel, driven by supply risks and geopolitics.
  • A $10 rise in oil can lift global inflation by roughly 0.3%–0.5% in the short term.
  • Energy costs account for nearly 10%–15% of headline CPI inflation in major economies.
  • Transport and logistics costs rise faster than overall inflation when oil spikes.
  • Global inflation in 2026 is estimated around 3.5%–4.5%, with energy as a key driver.
  • Oil shocks typically delay rate cuts and keeping interest rates higher for longer.
  • Higher oil strengthens the US dollar, which can pressure gold prices temporarily.
  • Geopolitical tensions in the Middle East have added a risk premium of $5–$15 per barrel.
  • Diesel and shipping costs are the fastest channels of inflation transmission.
  • Oil remains one of the strongest short-term triggers of cost-push inflation globally.

MCX Performance

  • August 2026 contract near ₹1,59,300.
  • Two-week decline close to 4%.
  • Resistance: ₹1,63,650–₹1,69,000.
  • Support: ₹1,57,380–₹1,52,700.
  • Short-term trend remains bearish.

Gold ETF Performance (2025–2026)

Gold ETF / Category 2025 Return (%) 2026 YTD Return (%) AUM Trend
Tata Gold ETF 74.17% 8%–12% Strong inflows
Quantum Gold Fund ETF 72.99% 7%–11% Stable growth
ICICI Prudential Gold ETF 72.49% 7%–10% Rising AUM
Aditya Birla SL Gold ETF 72.43% 7%–10% Moderate inflows
Axis Gold ETF 72.30% 7%–9% Stable
Nippon India Gold BeES ~47%–72% 8%–12% Highest AUM
SBI Gold ETF ~47%–70% 7%–10% Growing inflows
HDFC Gold ETF ~47%–72% 7%–10% Stable inflows
UTI Gold ETF ~47%–68% 6%–9% Moderate inflows
Industry Average ~47%–72% 7%–11% Record inflows

Key Investment Metrics

  • Inflation hedge remains strong.
  • Low correlation with equities.
  • Liquidity remains high.
  • Suitable for portfolio diversification.
  • Recommended allocation at 5%-15%.

Comparison: Physical Gold vs Gold ETFs

Factor Physical Gold Gold ETF
Storage Required Not Required
Purity Risk Yes No
Liquidity Moderate High
Expense Ratio None Applicable
Making Charges Yes No
Trading Ease Low High

Market Summary

  • Gold remains above major long-term support.
  • Dollar strength is creating headwinds.
  • Inflation fears remain supportive.
  • Geopolitical tensions continue.
  • Volatility expected to remain elevated.

Can Gold Prices Rise Again?

  • Middle East conflict escalation could boost demand.
  • Weak US economic data may support prices.
  • Federal Reserve rate cuts would be bullish.
  • Inflation persistence remains a positive factor.
  • Central bank purchases continue supporting long-term trends.

Key Considerations for Buyers

  • Compare rates across jewellers.
  • Verify BIS hallmark certification.
  • Consider making charges.
  • Check GST implications.
  • Buy gradually rather than all at once.

Should You Buy Gold Today Or Hold Back in UAE?

  • UAE prices remain competitive versus India.
  • Short-term volatility remains high.
  • Long-term investors can accumulate gradually.
  • Large lump-sum purchases may wait for corrections.
  • Gold continues to serve as a strategic hedge.

FAQ’s

1. Why are gold prices falling despite geopolitical tensions?

A stronger US dollar and rising bond yields are offsetting safe-haven demand.

2. Is gold still a good investment in 2026?

Gold remains a preferred inflation hedge and diversification asset.

3. What is the current support level for gold?

Analysts identify $4,400-$4,450 per ounce as a major support zone.

4. Are Gold ETFs better than physical gold?

For investment purposes, ETFs offer better liquidity and lower transaction costs.

5. Should investors buy during corrections?

Many experts favor staggered purchases during periods of weakness rather than chasing rallies.

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.

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