By Admin 
Gold-Silver Rate Today on June 4: Today a slight decline is being seen in the prices of gold in the country. After the huge fall yesterday i.e. June 3, a slight improvement was seen in the early futures trading (MCX) this morning, but the prices at the retail level still remain much below their high levels. Today the price of 24 carat pure gold remains between Rs 1,59,380 to Rs 1,56,360 per 10 grams. At the same time, the price of 22 carat gold used for jewelery today stands at the level of Rs 1,43,100-1,46,340 per 10 grams.
Why did the price of gold fall today?
Due to the recent military standoff between America and Iran, fears of further deepening of geopolitical tension have increased. If tension increases, crude oil prices will also rise. Due to this, there will be fear of increase in inflation. If inflation increases, the US Federal Reserve will take a tough stance on interest rates and keep them high. If interest rates are high, investors will invest in bank bonds or other government schemes because gold does not earn any interest or dividend. If demand for gold decreases, prices will also fall.
City wise gold prices today
| City | 24 carat gold price (per 10 grams) | 22 carat gold price (per 10 grams) |
| Noida | Rs 1,56,360 | Rs 1,43,340 |
| Mumbai | Rs 1,59,380 | Rs 1,46,100 |
| Kolkata | Rs 1,59,380 | Rs 1,46,100 |
| Chennai | Rs 1,61,240 | Rs 1,47,800 |
| Bengaluru | Rs 1,59,380 | Rs 1,46,100 |
| Hyderabad | Rs 1,59,380 | Rs 1,46,100 |
| Ahmedabad | Rs 1,59,430 | Rs 1,46,150 |
| Lucknow | Rs 1,59,530 | Rs 1,46,230 |
| Jaipur | Rs 1,59,530 | Rs 1,46,230 |
price of silver
Yesterday on June 3, a fall of Rs 3000-4500 per kg was seen in the prices of silver in the bullion markets of the country. However, this morning a slight recovery is being seen in the July futures on the futures market (MCX) in the range of Rs 2,64,060-2,76,598 per kg.
Today, the price of 999 purity silver without making charge and 3% GST in different cities of the country is Rs 2,79,900 per kg in Noida and Ghaziabad. Whereas, the rate in Delhi is Rs 2,96,900 per kg. Today the price of one kg silver in Mumbai is Rs 2,95,900. However, the rates are slightly higher in Chennai and Hyderabad. Here the price of one kg silver is at the level of Rs 3,02,900 to Rs 3,05,900 per kg.
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