A fall in the prices of gold and silver was seen in the Indian bullion market on Wednesday, June 3. According to the official website of the India Bullion and Jewelers Association (IBJA) – ibjarates.com – gold and silver prices edged lower in the prices announced on the morning of June 3, 2026. Talking about the latest prices, after the reduction in the price of 24-carat gold (999 purity) it has come down to ₹ 155,264 per 10 grams.
Gold Price Today: What are the prices of 22-karat and 24-karat gold today?
According to the latest update published on ibjarates.com, gold of 995 purity – i.e. 23-carat gold – is priced at less than ₹155,000 per 10 grams. At the same time, silver of 999 purity has also become cheaper, whose price has become ₹ 262,000 per kg; This is lower than the previous evening’s price, which was more than ₹265,000 per kg.
Silver is now cheaper by over ₹190,000 from its record high!
It is worth noting that the prices declared by the India Bullion and Jewelers Association (IBJA) are valid across the country. These prices are not announced every Saturday and Sunday, or on holidays declared by the Central Government.
How much did 22 carat and 24 carat gold become cheaper on May 3, 2026?
Silver (per 1 kg) 999 purity ₹265,300 |
₹262,000
₹3,300 cheaper
What were the prices of 22 carat and 24 carat gold on the previous trading day – i.e. on June 2? 24-karat gold
Morning price: 156,296
Evening price: 156,294
22-karat gold
Morning price: 143,167
Evening price: 143,165
Gold and silver prices published daily on ibjarates.com—Monday to Friday, morning and evening—do not include GST; Apart from this, making charges will have to be paid separately while purchasing jewellery.
Purity Tuesday, May 2 Evening price Wednesday, May 3 Morning price How much change in rate Gold (per 10 grams) 999 (24 carat) 156294 155264 Rs 1030 Cheap gold (per 10 grams) 995 (23 carat) 155668 154642 Rs 1026 Cheap gold (per 10 grams) 916 (22 Carat) 143165 142222 943 Rs Cheap Gold (per 10 gm) 750 (18 carat) 117221 116448 773 Rs Cheap Gold (per 10 gm) 585 (14 carat) 91432 90829 603 Rs Cheap Silver (per 1 kg) 999 265300
262000
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3300 rupees cheap