Noida, June 4 (APAC Media): Gold prices remained largely steady across major Indian cities on Thursday, tracking mixed global cues and fluctuations in the currency market, according to bullion market data.
In key metros including Mumbai, Delhi, Chennai, Bengaluru, Hyderabad, Kolkata, and Ahmedabad, 24-carat gold traded in a broad range of around ₹1,58,000 to ₹1,60,000 per 10 grams, while 22-carat gold was quoted near ₹1,45,000 to ₹1,47,000 per 10 grams. Prices varied slightly across regions due to differences in local taxes, making charges, and demand conditions.
In Mumbai, the country’s leading bullion hub, 24-carat gold was priced at approximately ₹1,59,000 per 10 grams, while 22-carat gold stood near ₹1,45,700 per 10 grams.
Similar levels were seen in Delhi and Bengaluru, whereas Chennai and Hyderabad reported marginally higher quotes in select categories.
📊 Gold & Silver Price Chart (Per 10 grams / Per kg)
| City | 24K Gold (₹/10g) | 22K Gold (₹/10g) | Silver (₹/kg) |
|---|---|---|---|
| Mumbai | 1,59,000 | 1,45,700 | 1,85,000 |
| Delhi | 1,59,200 | 1,46,000 | 1,85,500 |
| Chennai | 1,60,000 | 1,47,000 | 1,88,000 |
| Bengaluru | 1,59,000 | 1,45,800 | 1,86,000 |
| Hyderabad | 1,60,000 | 1,47,200 | 1,87,000 |
| Kolkata | 1,58,800 | 1,45,500 | 1,84,800 |
| Ahmedabad | 1,59,100 | 1,45,900 | 1,85,300 |
Kolkata and Ahmedabad broadly mirrored the national average trend.
Traders said gold prices witnessed mild volatility during intraday trade as global spot prices fluctuated and the US dollar showed intermittent strength against major currencies. A weaker rupee also contributed to keeping domestic gold prices elevated, import-linked traders said.
Market participants added that occasional profit-booking at higher levels capped sharp gains, even as underlying demand remained firm.
Demand for gold in India continues to be supported by retail buying, with attention gradually shifting toward the upcoming festive and wedding seasons.
Analysts said the metal continues to benefit from its safe-haven appeal amid ongoing global economic uncertainty and inflation concerns.
“Gold is finding support at elevated levels due to macroeconomic uncertainty, though short-term corrections cannot be ruled out,” a market observer said.
Overall, bullion trade on June 4 reflected a stable but cautious sentiment, with prices consolidating near record levels while responding to global financial signals and domestic demand trends.
— 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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