Gold Price Today, 4 June 2026: The Indian bullion market is trading within a narrow range on Wednesday as global cues remain mixed. If you are planning to buy gold jewellery or invest in the yellow metal, here is a quick look at the latest rates across major cities.
As per early trade updates, 24 karat gold (99.9% purity) is currently priced around ₹15,600 to ₹15,900 per gram depending on your city. Meanwhile, 22 karat gold — the most commonly used purity for jewellery making — is trading between ₹14,300 and ₹14,600 per gram. In terms of 10 grams, 24K gold stands near ₹1,56,000 to ₹1,58,500 in metros like Delhi and Mumbai.
On the international front, spot gold is hovering around $4,440 to $4,490 per ounce, showing mild weakness. Stronger-than-expected U.S. jobs data and a firm dollar have kept gold prices under pressure this week. Rising U.S. Treasury yields are also adding to the downside, as higher interest rates reduce the appeal of non-yielding assets like gold.
However, ongoing geopolitical tensions — particularly the U.S.-Iran situation — are providing a safety net and limiting sharp declines. Analysts suggest that gold remains caught between safe-haven demand and rate-hike fears, which is why prices have been range-bound in recent sessions.
Despite the short-term softness, gold has delivered impressive returns over the past year. Compared to June 2025, gold prices in India are up by nearly 30%, making it one of the best-performing asset classes over the last 12 months. Many market experts continue to recommend staggered buying during dips rather than investing a lump sum at current levels.
Note: Gold rates mentioned above are indicative and do not include GST (3%), TCS, or making charges. Final prices may vary — please confirm with your local jeweller before making a purchase.
