Precious metals remain in focus as gold extends gains despite recent volatility, while silver records a marginal decline.
New Delhi (Economy India): Gold prices witnessed a sharp rise on June 4, with the precious metal gaining ₹1,050 amid continued investor interest in safe-haven assets. Meanwhile, silver prices edged lower, reflecting mixed sentiment in the bullion market.
According to the India Bullion and Jewellers Association, the price of 24-carat gold increased by ₹1,050 to reach ₹1.56 lakh per 10 grams.
In contrast, silver declined by ₹487, with prices falling to ₹2.61 lakh per kilogram.
Gold Continues Strong Rally in 2026
Despite fluctuations in recent weeks, gold has delivered impressive gains this year.
Data shows that gold has appreciated by ₹22,887 per 10 grams since the beginning of 2026.
- 31 December 2025: ₹1.33 lakh per 10 grams
- 4 June 2026: ₹1.56 lakh per 10 grams
- Net Increase: ₹22,887
The yellow metal had touched an all-time high of ₹1.76 lakh per 10 grams on 29 January 2026 before witnessing profit-booking and corrections.
Silver Up ₹30,000+ This Year Despite Recent Correction
Silver has also recorded substantial gains in 2026, although prices have corrected significantly from record highs.
- 31 December 2025: ₹2.30 lakh per kg
- 4 June 2026: ₹2.61 lakh per kg
- Net Increase: ₹30,668 per kg
Silver had surged to an all-time high of ₹3.86 lakh per kg on 29 January 2026, making it one of the best-performing commodities during the period.
Gold Price by Purity Level
Gold Rates (Per 10 Grams)
| Purity | Price |
|---|---|
| 24 Carat Gold | ₹1.56 Lakh |
| 22 Carat Gold | Approx. ₹1.43 Lakh |
| 18 Carat Gold | Approx. ₹1.17 Lakh |
Prices may vary slightly across cities due to taxes, making charges, and local market conditions.
Why Investors Are Watching Gold Closely
Market analysts attribute gold’s strong performance to:
- Global economic uncertainty
- Geopolitical tensions
- Central bank buying
- Inflation concerns
- Safe-haven investment demand
While recent corrections have reduced prices from record highs, gold continues to attract investors seeking portfolio stability amid volatile global markets.
(economy India)
