Gold Rate Falls Again: The Indian bullion market witnessed a decline in gold prices on the first day of this week. Conversely, silver rates surged. On Monday—the first trading day of the week, specifically May 4—gold became cheaper. According to the India Bullion and Jewellers Association (IBJA), on the morning of May 4, 2026, the price of 999-purity gold was recorded at ₹148,357 per 10 grams; by Monday evening, it had declined to ₹148,100 per 10 grams.
In calculable terms, gold became cheaper by ₹257 in the evening compared to the morning. Notably, the price of 24-carat pure gold has now dropped below the ₹ 150,000-per-10-gram mark. Meanwhile, the price of silver was recorded at ₹244,237 per kilogram on Monday; following a decline, it now stands at ₹240,120 per kilogram. This signifies a drop of ₹4,117 in the price of silver.
Gold Rate Falls Again – Key Highlights (May 4, 2026 Evening)
- Date: May 4, 2026 (Monday — Evening Update)
- Gold Trend: Prices declined further in evening trading
- Silver Trend: Silver also dropped ₹4,117 in evening trading
- Key Milestone: 24K gold now below ₹1,50,000 per 10 grams mark
- GST not included in IBJA rates
- ➕ Making charges will be added separately
- Rates updated morning & evening at ibjarates.com (Mon–Fri)
- Final purchase price will be higher than listed rates
IBJA Evening Gold Rates (May 4 – per 10 grams)
| Carat | Purity | Rate |
|---|---|---|
| 24 Carat | 999 | ₹1,48,100 |
| 23 Carat | 995 | ₹1,47,507 |
| 22 Carat | 916 | ₹1,35,660 |
| 18 Carat | 750 | ₹1,11,075 |
| 14 Carat | 585 | ₹86,638 |
According to the India Bullion and Jewellers Association (IBJA), on May 4, 2026, the price of 916-purity gold—that is, 22-carat gold—is ₹135,660 per 10 grams. Gold rates are released daily—both in the morning and evening—from Monday through Friday on ibjarates.com. These rates are universally accepted. Please note that these rates do not include GST.
How much cheaper has gold become?
According to the India Bullion and Jewellers Association (IBJA), the price of 995-purity (23-carat) gold is ₹147,507 per 10 grams. Additionally, the rate for 916-purity (22-carat) gold remains steady at ₹135,660 per 10 grams. The price of 750-purity (18-carat) gold remains steady at ₹111,075 per 10 grams. Additionally, the rate for 585-purity (14-carat) gold remains unchanged at ₹86,638 per 10 grams.
How much has silver become cheaper?
The price of 999-purity silver stood at ₹244,237 per kilogram on Monday afternoon; it has since declined to ₹240,120 per kilogram. This signifies a decrease of ₹4,117 in the price of silver.
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