gold price today: Amid tensions in the Middle East, gold and silver prices have been fluctuating. On the Multi Commodity Exchange (MCX), the prices of Gold and silver declined right from the moment the market opened on Wednesday. Silver futures prices had dropped by approximately ₹2,000 in recent days, while a decline was also recorded in gold prices.
Today, June 4, the price of 1 kg of silver on the Multi Commodity Exchange (MCX) stands at ₹262,999. With the opening of the market today, the price of 24-carat Gold on the Multi Commodity Exchange (MCX) has reached ₹158,916.
Silver Prices Decline
Taking a look at MCX silver prices, on Thursday—the fourth trading day of the week—the price of silver with a July 3 expiry remains steady at ₹262,999. A decline has been recorded in silver prices. Compared to yesterday, silver prices have dropped by approximately ₹2,000. The metal is now trading at a ₹190,000 discount to its all-time high. In January, silver touched a lifetime high of ₹457,328.
Gold Becomes Cheaper
A decline has also been observed in gold prices on the MCX. This precious metal has slipped below the ₹160,000 mark. Looking at the MCX Gold Rate at 9:30 AM this morning, the price of 10 grams of 24-carat Gold—with an August 5 expiry—fell to ₹158,916. Gold is currently available at a discount of approximately ₹45,400 from its peak.
IBJA Gold Rates
According to the Indian Bullion and Jewellers Association (IBJA), by the time the market closed on Wednesday evening, Gold was recorded at ₹155,036 per 10 grams. Those looking to purchase jewellery can also check the latest gold rates for their specific city below. So, let’s find out the prices of 22-carat and 24-carat gold in your city.
IBJA Gold Rates
24-Carat Gold: ₹155,036 per 10 grams
23-Carat Gold: ₹154,415 per 10 grams
22-Carat Gold: ₹142,013 per 10 grams
18-Carat Gold: ₹116,277 per 10 grams
14-Carat Gold: ₹90,696 per 10 grams
Delhi Gold Rates
24-Carat Gold (10 grams) – ₹156,370
22-Carat Gold (10 grams) – ₹143,350
18-Carat Gold (10 grams) – ₹117,320
Mumbai Gold Rates
24-Carat Gold (10 grams) – ₹156,220
22-Carat Gold (10 grams) – ₹143,200
18-Carat Gold (10 grams) – ₹117,170
Kolkata Gold Rates
24-Carat Gold (10 grams) – ₹156,220
22-Carat Gold (10 grams) – ₹143,200
18-Carat Gold (10 grams) – ₹117,170
Chennai Gold Rates
24-Carat Gold (10 grams) – ₹158,180
22-Carat Gold (10 grams) – ₹145,000
18-Carat Gold (10 grams) – ₹121,800
Patna Gold Rates
24-Carat Gold (10 grams) – ₹156,270
22-Carat Gold (10 grams) – ₹143,250
18-Carat Gold (10 grams) – ₹117,220
Lucknow Gold Rates
24-Carat Gold (10 grams) – ₹156,370
22-Carat Gold (10 grams) – ₹143,350
18-Carat Gold (10 grams) – ₹117,320
Ghaziabad Gold Rates
24-Carat Gold (10 grams) – ₹156,370
22-Carat Gold (10 grams) – ₹143,350
18-Carat Gold (10 grams) – ₹117,320
Noida Gold Rates
24-Carat Gold (10 grams) – ₹156,370
22-Carat Gold (10 grams) – ₹143,350
18-Carat Gold (10 grams) – ₹117,320
Gurugram Gold Rates
24-Carat Gold (10 grams) – ₹156,370
22-Carat Gold (10 grams) – ₹143,350
18-Carat Gold (10 grams) – ₹117,320
Please note: When purchasing gold and silver jewellery in the domestic market, making charges—along with the applicable GST on them—must be paid separately. Once these two charges are added, the final price of the gold increases.
