Gold Prices Today in Major Indian Cities: June 4, 2025
Published: June 4, 2025, 08:45 AM IST
By: Jocelyn Fernandes
As of June 4, 2025, gold prices across several major Indian cities displayed minor fluctuations amidst a globally complex economic environment. Despite a better-than-expected U.S. jobs report, which contributed to some moderation in gold rates, ongoing geopolitical tensions and market anticipation surrounding the U.S. Federal Reserve’s upcoming decisions kept investors on edge.
Current Gold and Silver Prices
Gold has experienced substantial returns this year, boasting a year-to-date increase of 25% and an impressive 40% rise year-on-year. Historical data indicates that gold has yielded a 15% Compounded Annual Growth Rate (CAGR) since 2001, outpacing inflation by 2 to 4 percentage points since 1995. Additionally, silver prices have surged past the ₹1 lakh/kg threshold, attracting investors seeking safe-haven commodities to secure their portfolios.
The Multi Commodity Exchange (MCX) reported the following rates as of 10 AM on June 4:
- MCX Gold: ₹96,806 per 10 grams
- 24-carat Gold: ₹97,940 per 10 grams
- 22-carat Gold: ₹89,778 per 10 grams
- MCX Silver: ₹1,01,412 per kg
- Silver 999 Fine: ₹1,01,710 per kg
It’s important to note that retail customers can expect additional costs including making charges, taxes, and GST, which may increase the total billing amount when purchasing gold or silver from dealers.
City-Specific Gold and Silver Prices
Here’s a breakdown of the gold and silver prices in key cities across India:
Mumbai
- Gold Bullion Rate: ₹97,770 per 10 gm
- MCX Gold Rate: ₹96,806 per 10 gm
- Silver Bullion Rate: ₹1,01,530 per kg
- MCX Silver 999 Rate: ₹1,01,710 per kg
Chennai
- Gold Bullion Rate: ₹98,050 per 10 gm
- MCX Gold Rate: ₹96,806 per 10 gm
- Silver Bullion Rate: ₹1,01,820 per kg
- MCX Silver 999 Rate: ₹1,01,710 per kg
Kolkata
- Gold Bullion Rate: ₹97,640 per 10 gm
- MCX Gold Rate: ₹96,806 per 10 gm
- Silver Bullion Rate: ₹1,01,390 per kg
- MCX Silver 999 Rate: ₹1,01,710 per kg
Hyderabad
- Gold Bullion Rate: ₹97,930 per 10 gm
- MCX Gold Rate: ₹96,806 per 10 gm
- Silver Bullion Rate: ₹1,01,610 per kg
- MCX Silver 999 Rate: ₹1,01,710 per kg
Bengaluru
- Gold Bullion Rate: ₹97,850 per 10 gm
- MCX Gold Rate: ₹96,806 per 10 gm
- Silver Bullion Rate: ₹1,01,530 per kg
- MCX Silver 999 Rate: ₹1,01,710 per kg
New Delhi
- Gold Bullion Rate: ₹97,600 per 10 gm
- MCX Gold Rate: ₹96,806 per 10 gm
- Silver Bullion Rate: ₹1,01,270 per kg
- MCX Silver 999 Rate: ₹1,01,710 per kg
Conclusion
As investors navigate this complex financial landscape, the fluctuations in gold and silver prices underscore the importance of staying informed about market trends. As always, it is prudent to consult with certified financial advisors before making investment decisions.
For the latest updates and trends in the market, stay connected with Smart Money Mindset.
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