Gold prices in major cities (per gram)
| City |
24K Gold (₹) |
22K Gold (₹) |
| Delhi |
15,587 |
14,289 |
| Mumbai |
15,572 |
14,274 |
| Kolkata |
15,572 |
14,274 |
| Chennai |
15,795 |
14,429 |
It is to be noted that gold prices in India are mainly influenced by international bullion rates, rupee-dollar movement, import duty, and seasonal jewellery demand. With the wedding and festive season approaching in some regions, retail demand remains stable, preventing sharp corrections in prices.
Check latest gold rates here
Silver prices in major cities
Silver continues to trade at elevated levels compared to long-term averages, supported by industrial demand as well as investment buying. Unlike gold, silver prices are more sensitive to global manufacturing trends, making the metal more volatile during uncertain economic conditions.
| City |
Silver (₹ per 10gm) |
Silver (₹ per kg) |
| Delhi |
2,749 |
2,74,900 |
| Mumbai |
2,749 |
2,74,900 |
| Kolkata |
2,749 |
2,74,900 |
| Chennai |
2,799 |
2,74,900 |
Check latest silver rates here
MCX closing prices (last trading session on June 5, 2026)
On the Multi Commodity Exchange (MCX), gold closed at ₹1,55,600 per 10 grams while silver fell over 6% to close at ₹2,48,201 per kg on Friday.
Gold remained volatile as global traders were cautious ahead of the Reserve Bank of India's (RBI) MPC announcement amid geopolitical uncertainty. Silver, on the other hand, fell on Friday due to selling pressure, industrial demand and broader economic shifts.
| Commodity |
Price (MCX) |
Change |
| Gold (July futures) |
₹1,55,600 per 10 grams |
Down 2.47% |
| Silver (August futures) |
₹2,48,201 per kg |
Down 6.27% |
Recent futures market data showed mild pressure on bullion, with silver witnessing a sharper correction compared to gold. Analysts say traders remain cautious ahead of global macroeconomic cues, currency movements, and geopolitical developments, which are likely to determine the next trend in precious metals.