Gold prices are continuously falling across the country. On the morning of June 4, the price of 24-carat gold fell to ₹156,360 per 10 grams in the national capital Delhi. In Mumbai, the rate has stabilized at ₹156,210 per 10 grams. Weakness in global gold markets and uncertainty over a possible ceasefire agreement between the US and Iran have led to the fall in prices in India. Tensions in West Asia have heightened concerns that key interest rates may remain high for longer – a factor that has put pressure on the precious metal. In the international market, spot gold is trading at $4,463.84 an ounce.
The June meeting of the Monetary Policy Committee of the Reserve Bank of India (RBI) began on June 3. The committee’s decisions are to be announced on June 5. Currently, the repo rate in the country is 5.25 percent. During its April meeting, this rate was kept unchanged. Given the challenges faced by inflation and economic growth due to the ongoing conflict in West Asia, this time too the central bank may choose to keep the repo rate unchanged at 5.25 percent.
City 22 Karat Gold Rate Today (₹) 24 Karat Gold Rate Today (₹) Delhi 143340 156360 Mumbai 143190 156210 Ahmedabad 143240 156260 Chennai 144990 158170 Kolkata 143190 156210 Hyderabad 143190 156210 Jaipur 143340 156360 Bhopal 143240 156260 Lucknow 143340 156360 Chandigarh 143340 156360
**Gold rates in major cities of the country**
**Gold Price in Delhi:** In Delhi, the price of 24-carat gold is ₹156,360 per 10 grams. The price of 22-carat gold is ₹143,340 per 10 grams.
**Mumbai and Kolkata:** In Mumbai and Kolkata, 22-carat gold is priced at ₹143,190 per 10 grams, while 24-carat gold is priced at ₹156,210 per 10 grams.
**Gold Price in Chennai:** 24-carat gold price is ₹158,170 per 10 grams. The price of 22-carat gold is ₹144,990 per 10 grams. Prices in Pune and Bengaluru: In both these cities, 24-carat gold is priced at ₹156,210 per 10 grams, while 22-carat gold is priced at ₹143,190 per 10 grams.
Just a day ago, the Reserve Bank of India (RBI) had denied reports of gold sales. It said there was no change in its physical gold reserves, which remained stable at 880.52 tonnes. In fact, there were reports that the central bank had sold about $12 billion worth of gold to protect its foreign exchange reserves from the impact of the ongoing conflict in West Asia. In response to these reports, RBI issued a clarification. As of May 22, 2026, the share of gold in India’s foreign exchange reserves was 16.85 percent.
silver prices
Another precious metal – silver – has also seen a decline in prices. On the morning of June 4, the price of silver was ₹279,900 per kg. The current price of silver in the international market is $74.43 per ounce. Earlier this year, in January, the local price of silver had crossed ₹400,000 per kg.
