India gold and silver prices steady in early June 2026

Gold and silver prices in India remained elevated and largely stable during the first days of June 2026, reflecting a mix of global uncertainty and steady domestic demand. Prices for 24-carat gold hovered around 15,600 to 15,700 rupees per gram across major cities, with 22-carat gold trading near 14,300 to 14,400 rupees per gram. Silver prices were approximately 2,79,900 rupees per kilogram in most markets.

The stability in domestic prices occurred against a backdrop of international factors that typically drive precious metal values. These include geopolitical tensions, a fluctuating U.S. dollar, and concerns over inflation. Analysts note that gold is often sought as a safe-haven asset during such periods of global uncertainty. Domestically, consistent retail buying, particularly ahead of and during the ongoing wedding season in parts of the country, provided underlying support, preventing sharp price corrections.

Regional variations persisted, with Chennai consistently reporting the highest rates among major cities. For instance, 24-carat gold in Chennai was priced above 15,800 rupees per gram, while in Delhi and Mumbai, rates were slightly lower. These differences are...