Today's gold price in India on June 4, 2024. (Representative image)
Gold Rate Today: Check the gold price measured in Rs per 10 grams in different cities on June 4, 2024.
Gold rates in India today: On June 4, the price of 10 grams of gold remained stable at around Rs 72,000. The value of pure 24-carat gold stood at Rs 72,870 per 10 grams, while 22-carat gold remained stable at around Rs 66,800 per 10 grams. Meanwhile, the silver market suffered a downturn, with prices falling to ₹94,000 per kilogram.
India's dependence on gold imports significantly affects domestic prices, which closely reflect global trends. Additionally, the cultural significance of gold in India, especially during festivals and weddings, may influence the level of demand.
Gold price in India today: Retail gold price on June 4
Check the gold prices in various cities today, June 4, 2024. (unit of Rs/10 grams)
city | 22 carat gold price | 24 carat gold price |
Delhi | 66,950 | 73,020 |
mumbai | 66,800 | 72,870 |
Ahmedabad | 66,850 | 72,920 |
chennai | 67,450 | 73,580 |
Kolkata | 66,800 | 72,870 |
Gurugram | 66,950 | 73,020 |
Lucknow | 66,950 | 73,020 |
bengaluru | 66,800 | 72,870 |
Jaipur | 66,950 | 73,020 |
patna | 66,850 | 72,920 |
Bhubaneswar | 66,800 | 72,870 |
Hyderabad | 66,800 | 72,870 |
multi-product exchange
On June 4, 2024, the Multi Commodity Exchange (MCX) saw active trading in gold futures contracts expiring on August 5, 2024. The price of this contract is Rs 72,339 per 10 grams. The silver futures contract expiring on July 5, 2024 was quoted at Rs 92,255 on MCX.
retail cost of gold
The retail price of gold in India, which reflects the final cost per unit weight to the consumer, is influenced by many factors beyond the metal's intrinsic value.
Gold has significant cultural significance in India, serving as a key investment and playing an essential role in traditional weddings and festivals.
Amid constant market fluctuations, investors and traders closely monitor these dynamics. Stay tuned for further updates on this evolving story.