Gold And Silver Rates Today, 4 June: Gold touching ₹2 lakh per 10 grams is definitely one of those market ideas that grabs attention instantly, but it is not something expected to show up next week or even next quarter. Let’s just say it is more “long road trip destination” and less “quick weekend plan.” Experts still point to an overall upward trend in gold, with projections placing prices in the ₹1.5 lakh to ₹1.9 lakh range by 2026. That naturally puts the ₹2 lakh mark on the radar, but as a distant milestone, not an immediate stop. Right now, 24-karat gold in India is trading roughly between ₹1.54 lakh and ₹1.59 lakh per 10 grams, already reflecting global uncertainty, inflation worries, and steady safe-haven demand.
While institutional views do not rule out ₹2 lakh in the longer run, it remains a “may or may not” outcome depending on interest rates, global growth, and geopolitical twists. In short, gold is climbing, but the journey is still uneven, gradual, and full of market mood swings.
Gold Rates Today
Gold prices in India are still pretty high, and that keeps the precious metal kinda in the spotlight for both investors and people buying jewellery. The average rate for 24-karat gold is ₹15,273 per gram, and 22-karat gold is going for about ₹14,000 per gram. Even though there are these regular ups and downs in global markets, gold keeps pulling attention as a so-called safe-haven asset. Prices can shift a bit from city to city, mostly because of local taxes, transportation fees, and jeweller markups, so the number you see might not match exactly everywhere. And with geopolitical uncertainties hanging around, plus inflation worries still affecting market mood, a lot of buyers are watching gold rates very carefully before they decide on a new investment or even a fresh jewellery purchase.
Gold Rates by Purity
- 24K Gold (99.9% Pure): ₹15,273 per gram
- 22K Gold (91.6% Pure): ₹14,000 per gram
- 18K Gold (75% Pure): ₹11,455 per gram
Gold Rates by Weight
- 8 grams (1 Sovereign): ₹1,22,184 (24K) | ₹1,12,000 (22K)
- 10 grams (1 Tola): ₹1,52,730 (24K) | ₹1,40,000 (22K)
- 100 grams: ₹15,27,300 (24K) | ₹14,00,000 (22K)
With gold prices staying near record levels, buyers may continue keeping a close eye on market movements before making fresh purchases.
Gold Price On MCX
Gold futures on the Multi Commodity Exchange (MCX) witnessed significant selling pressure during today’s session, with prices falling nearly 2.5% from the previous close. Despite gold’s safe-haven appeal, traders booked profits amid market volatility and shifting sentiment.
MCX Gold Market
- Current Trading Price: ₹1,55,589 per 10 grams
- Price Change: -₹3,958
- Percentage Change: -2.48%
- Opening Price: ₹1,58,598
- Previous Close: ₹1,59,547
Gold Rates In Major Cities Across India Today
| City | 18-Karat (75.0%) | 22-Karat (91.6%) | 24-Karat (99.9%) |
|---|---|---|---|
| Ahmedabad | ₹1,16,745 | ₹1,42,688 | ₹1,55,660 |
| Bengaluru | ₹1,14,540 | ₹1,39,990 | ₹1,52,720 |
| Bhopal | ₹1,13,682 | ₹1,38,844 | ₹1,51,577 |
| Chandigarh | ₹1,16,990 | ₹1,40,150 | ₹1,55,910 |
| Chennai | ₹1,19,090 | ₹1,41,990 | ₹1,54,900 |
| Delhi | ₹1,16,980 | ₹1,40,140 | ₹1,55,900 |
| Hyderabad | ₹1,19,090 | ₹1,41,990 | ₹1,54,900 |
| Jaisalmer | ₹1,16,600 | ₹1,42,500 | ₹1,55,500 |
| Jammu & Kashmir | ₹1,17,100 | ₹1,40,300 | ₹1,56,100 |
| Kolkata | ₹1,14,540 | ₹1,39,990 | ₹1,52,720 |
| Lucknow | ₹1,16,990 | ₹1,40,150 | ₹1,55,910 |
| Mumbai | ₹1,14,540 | ₹1,39,990 | ₹1,52,720 |
| Noida (NCR) | ₹1,16,980 | ₹1,40,140 | ₹1,55,900 |
| Pune | ₹1,14,500 | ₹1,39,950 | ₹1,52,700 |
Silver Rates Today
The average retail silver price in India currently stands at ₹2,64,900 per kilogram, as per GoodReturns data, reflecting strong domestic demand. In contrast, MCX silver futures are trading lower at ₹2,48,201 per kilogram, indicating pressure in the industrial and derivatives segment. The gap between retail and futures prices highlights short-term market volatility and shifting investor sentiment amid global economic uncertainty and fluctuating commodity demand trends.
Silver Rates In Major Cities Across India Today
| City | Rate per 100 Grams | Rate per 1 Kilogram |
|---|---|---|
| Chennai | ₹27,000 | ₹2,70,000 |
| Delhi | ₹26,000 | ₹2,60,000 |
| Noida (NCR) | ₹26,000 | ₹2,60,000 |
| Lucknow | ₹26,000 | ₹2,60,000 |
| Ahmedabad | ₹26,000 | ₹2,60,000 |
| Mumbai | ₹26,000 | ₹2,60,000 |
| Bengaluru | ₹26,000 | ₹2,60,000 |
| Hyderabad | ₹27,000 | ₹2,70,000 |
| Kolkata | ₹26,000 | ₹2,60,000 |
| Pune | ₹26,000 | ₹2,60,000 |
| Jammu & Kashmir | ₹26,200 | ₹2,62,000 |
| Bhopal | ₹26,000 | ₹2,60,000 |
| Chandigarh | ₹26,000 | ₹2,60,000 |
| Jaisalmer | ₹26,000 | ₹2,60,000 |
(With Inputs From Goodreturns)
