Gold & Silver Fall – MCX Gold Down ₹500 & Silver Drops ₹1,200 on May 4, Check City – Wise Rates
Gold and Silver Prices Today: Gold prices have fluctuated over the past several days, with rates changing daily. Today—Monday, May 4—gold prices once again recorded a decline. On May 4, gold rates fell on the MCX (Multi-Commodity Exchange). Crude oil prices have consistently remained above
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Gold and Silver Prices Today: Gold prices have fluctuated over the past several days, with rates changing daily. Today—Monday, May 4—gold prices once again recorded a decline. On May 4, gold rates fell on the MCX (Multi-Commodity Exchange). Crude oil prices have consistently remained above the $100 mark, a factor that appears to be impacting the trajectory of gold prices.
Gold Price Today:-
MCX Gold June Futures are currently trending at ₹151,005 per 10 grams, reflecting a decline of 0.23 per cent. Meanwhile, MCX Silver July Futures are trading at the level of ₹250,549 per kilogram, following a drop of 0.15 per cent. In early trading on the MCX, gold prices fell by approximately ₹500 per 10 grams, while silver prices dropped by about ₹1,200 per kilogram. Gold contracts for June 5 delivery closed at ₹151,352 in the previous session and opened today at ₹151,150.
Gold & Silver Price Today (May 4, 2026) – Key Highlights
- Date: May 4, 2026 (Monday)
- Trend: Gold & Silver prices recorded a decline today
- MCX Gold (June Futures): ₹1,51,005 per 10 grams (down 0.23%)
- MCX Silver (July Futures): ₹2,50,549 per kg (down 0.15%)
- Reason: Crude oil prices consistently above $100, impacting gold trajectory
MCX Trading Update (May 4, 2026)
| Metal | Previous Close | Opening | Early Trading | As of 10:10–14 AM |
|---|---|---|---|---|
| Gold (June 5) | ₹1,51,352 | ₹1,51,150 | ₹1,50,860 (-₹492) | ₹1,51,149 (-₹203) |
| Silver (July 3) | ₹2,50,937 | ₹2,49,760 | ₹2,49,760 (-₹1,177) | ₹2,50,146 (-₹791) |
- Chennai has the highest 24K gold rate at ₹1,52,730 per 10 grams
- Mumbai & Kolkata share the lowest 24K rate at ₹1,50,930 per 10 grams
- Gold fell by ₹500 & silver by ₹1,200 in early Monday trading
- Crude oil above $100 remains a key factor pressuring gold prices
In early trading, gold hovered around the ₹150,860 mark, down by ₹492. At 10:10 AM, it was trading at ₹151,149, down ₹203. Silver contracts for July 3 delivery closed at ₹250,937 in the previous session and opened today at ₹249,760. In early trading, it dipped to ₹249,760, down ₹1,177. Furthermore, at 10:14 AM, it was trading at ₹250,146, down by ₹791.
What was the gold rate on Thursday?
According to the Indian Bullion and Jewellers Association, the rate for 24-carat gold on Thursday was ₹148,652. Meanwhile, the rate for 23-carat gold was ₹148,057; for 22-carat gold, it was ₹136,165; for 18-carat gold, it was ₹111,489; and for 14-carat gold, it was ₹86,961 per 10 grams. On Thursday, the price of silver was recorded at ₹236,882 per kilogram.
Gold Prices in Delhi
24 Carat Gold (10 grams) – ₹151,230
22 Carat Gold (10 grams) – ₹138,500
18 Carat Gold (10 grams) – ₹113,500
Gold Prices in Mumbai
24 Carat Gold (10 grams) – ₹150,930
22 Carat Gold (10 grams) – ₹138,350
18 Carat Gold (10 grams) – ₹113,200
Gold Prices in Kolkata
24 Carat Gold (10 grams) – ₹150,930
22 Carat Gold (10 grams) – ₹138,350
18 Carat Gold (10 grams) – ₹113,200
Gold Prices in Chennai
24 Carat Gold (10 grams) – ₹152,730
22 Carat Gold (10 grams) – ₹140,000
18 Carat Gold (10 grams) – ₹116,800
Gold Rates in Patna
24 Carat Gold (10 grams) – ₹151,030
22 Carat Gold (10 grams) – ₹138,400
18 Carat Gold (10 grams) – ₹113,300
Gold Rates in Ghaziabad
24 Carat Gold (10 grams) – ₹151,230
22 Carat Gold (10 grams) – ₹138,500
18 Carat Gold (10 grams) – ₹113,500
Noida Gold Rates
24 Carat Gold (10 grams) – ₹151,230
22 Carat Gold (10 grams) – ₹138,500
18 Carat Gold (10 grams) – ₹113,500
Gurugram Gold Rates
24 Carat Gold (10 grams) – ₹151,230
22 Carat Gold (10 grams) – ₹138,500
18-Karat Gold (10 grams) – ₹113,500
Priyanka Singh
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