Gold And Silver Prices Today On June 3: During the week of June 3, gold prices stayed steady at around Rs 72,000. Pure 24-carat gold was priced at Rs 72,540 per 10 grams, while 22-carat gold was priced at Rs 66,490 per 10 grams. In contrast, the silver market saw a decline, with prices falling to Rs 93,400 per kilogram.
As India imports much of its gold, its domestic prices follow global trends. On top of that, gold has a cultural significance in India, especially during festivals and weddings.
Gold futures contracts expiring on August 05, 2024 were actively traded on the Multi Commodity Exchange (MCX) on May 02, 2024.
Silver futures contracts expiring on July 05, 2024, were quoted at Rs 90,686 per 10 grams.
Gold And Silver Prices Today On June 3, 2024: Check Rates In Your City
| CITY | 22 CARAT GOLD PRICE | 24-CARAT GOLD PRICE |
| Delhi | 66,640 | 72,690 |
| Mumbai | 66,490 | 72,540 |
| Ahmedabad | 66,540 | 72,590 |
| Chennai | 67,090 | 73,190 |
| Kolkata | 66,490 | 72,540 |
| Gurugram | 66,640 | 72,690 |
| Lucknow | 66,640 | 72,690 |
| Bengaluru | 66,490 | 72,540 |
| Jaipur | 66,640 | 72,690 |
| Patna | 66,540 | 72,590 |
| Bhubaneshwar | 66,490 | 72,540 |
| Hyderabad | 66,490 | 72,540 |
In India, the retail price of gold, which reflects the final cost per unit weight for consumers, is determined by several factors other than its intrinsic value.
It plays an important role in traditional weddings and festivals in India, serving as an investment and an essential part of culture.
The ongoing market fluctuations are closely monitored by investors and traders. Stay tuned for further developments.
Also Read: Gold Price Today Rises in India: Check Gold Rates in Your City on June 2
