Noida, June 3 (APAC Media): Gold and silver prices in India remained largely stable on Wednesday, June 3, 2026, with retail rates showing minimal movement across major cities including Delhi, Mumbai, Kolkata, Chennai, and Bengaluru.
The steady trend comes after recent volatility in global bullion markets driven by fluctuations in the US dollar, geopolitical tensions, and shifting interest rate expectations.
According to market data, 24-carat gold in India is hovering around ₹15,620–₹15,650 per gram, while 22-carat gold is trading near ₹14,320–₹14,340 per gram.
Silver prices have also remained steady, averaging close to ₹2,79,900–₹2,80,000 per kilogram in most major Indian cities.
📊 Gold & Silver Price Chart (India – 3 June 2026)
| City | 24K Gold (₹/g) | 22K Gold (₹/g) | 999 Silver (₹/kg) |
|---|---|---|---|
| Delhi | 15,651 | 14,349 | 2,79,900 |
| Mumbai | 15,621 | 14,319 | 2,79,900 |
| Kolkata | 15,621 | 14,319 | 2,79,900 |
| Chennai | 15,817 | 14,499 | 2,89,900 |
| Bengaluru | 15,636 | 14,334 | 2,79,900 |
| Hyderabad | 15,636 | 14,334 | 2,79,900 |
| Chandigarh | 15,621 | 14,319 | 2,79,900 |
Analysts note that the lack of sharp movement reflects cautious investor sentiment and a consolidation phase in the precious metals market.
Market experts say gold continues to find support from global uncertainty, particularly ongoing geopolitical tensions and inflation concerns, which typically increase demand for safe-haven assets.
However, a stronger US dollar and expectations of prolonged higher interest rates have capped upside momentum, keeping prices range-bound.
Silver, often more volatile than gold due to its dual role as both a precious and industrial metal, is also showing stability.
Industrial demand from sectors such as electronics and renewable energy continues to provide underlying support, even as global economic signals remain mixed.
Overall, traders and investors are closely watching upcoming US economic data and central bank policy signals for further direction. For now, the bullion market appears to be in a wait-and-watch mode, with both gold and silver trading within a narrow range across domestic markets.
— Ends —
Disclaimer:
Gold prices and rates are for informational purposes only. APAC Media is not liable for any discrepancies or financial decisions made based on this data. Please consult an authorised advisor before making investment choices.
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