Gold and Silver Price Update: June 4, 2025

KKN Gurugram Desk | As of June 4, 2025, gold and silver prices in India have experienced notable fluctuations, influenced by global market dynamics and investor sentiments. This comprehensive update provides the latest rates for 18K, 22K, and 24K gold, along with silver prices across major Indian cities.

Gold Prices on June 4, 2025

Gold prices have shown an upward trend, with variations observed across different cities. The following are the prevailing rates:

24-Karat Gold (per 10 grams):

• Mumbai: ₹99,170

• Delhi: ₹99,320

• Chennai: ₹99,170

• Kolkata: ₹99,170

• Hyderabad: ₹99,170

22-Karat Gold (per 10 grams):

• Mumbai: ₹90,900

• Delhi: ₹91,050

• Chennai: ₹90,900

• Kolkata: ₹90,900

• Hyderabad: ₹90,900

18-Karat Gold (per 10 grams):

• Mumbai: ₹74,380

• Delhi: ₹74,500

• Chennai: ₹74,780

• Kolkata: ₹74,380

• Hyderabad: ₹74,380

Note: Prices are indicative and may vary slightly based on local market conditions and jeweler premiums.

 Silver Prices on June 4, 2025

Silver prices have also witnessed significant movements. The current rates in major cities are as follows:

Silver (per kilogram):

• Mumbai: ₹1,02,000

• Delhi: ₹1,02,000

• Chennai: ₹1,13,000

• Kolkata: ₹1,02,000

• Hyderabad: ₹1,13,000

Note: Silver prices are subject to market fluctuations and may vary based on purity and local demand.

Market Trends and Influencing Factors

The recent surge in gold and silver prices can be attributed to several global and domestic factors:

• Global Economic Uncertainty: Ongoing geopolitical tensions and economic uncertainties have led investors to seek safe-haven assets like gold and silver.

• Currency Fluctuations: Variations in currency exchange rates, especially the depreciation of the Indian Rupee against the US Dollar, have impacted the import costs of precious metals.

• Inflation Concerns: Rising inflation rates have prompted investors to hedge against potential value erosion by investing in gold and silver.

• Central Bank Policies: Monetary policies and interest rate decisions by central banks globally influence investor behavior and commodity prices.

 Understanding Gold Purity and Hallmarking

When purchasing gold, it’s essential to understand its purity levels and hallmarking:

• 24-Karat Gold: Considered pure gold with 99.9% purity. It’s soft and primarily used for investment purposes in the form of coins and bars.

• 22-Karat Gold: Contains 91.6% gold, mixed with other metals for durability. Commonly used in jewelry making.

• 18-Karat Gold: Comprises 75% gold, blended with other metals, offering strength and a distinct hue, suitable for studded jewelry.

The Bureau of Indian Standards (BIS) provides hallmarking to certify the purity of gold. Look for the BIS hallmark, which includes the BIS logo, purity in carat and fineness, assay center’s identification mark, and jeweler’s identification mark.

 Tips for Buyers

• Stay Informed: Regularly check gold and silver prices through reliable sources before making a purchase.

• Verify Purity: Always buy hallmarked jewelry to ensure authenticity and purity.

• Compare Prices: Visit multiple jewelers to compare prices, making charges, and designs.

• Understand Making Charges: Inquire about making charges, which can vary between 3% to 25% of the gold price, depending on the design and craftsmanship.

• Check Buyback Policies: Understand the jeweler’s buyback policy, which can be beneficial if you plan to exchange or sell the jewelry in the future.

The precious metals market on June 4, 2025, reflects a bullish trend, influenced by global economic factors and investor sentiments. Whether you’re considering an investment or purchasing jewelry, staying informed about the latest rates and market dynamics is crucial. Always prioritize certified products and make informed decisions to ensure value and authenticity in your purchases.