Gold-Silver Rate Today: Gold and silver prices fell today, government tightened rules for silver import.
Gold-Silver Rate Today In India: Due to geopolitical tensions and pressure in the international market, the shine of gold and silver has faded a bit on June 3, 2026. After one day’s stability, today 24 carat gold has become cheaper by Rs 10 per 10 grams and reached close to Rs 1,56,210. At the same time, a slight decline of Rs 10 has been recorded in the price of 22 carat gold. Along with this, due to uncertainty regarding demand from industries, there has been pressure on silver, due to which this precious metal has also become cheaper.
Slight decline in gold and silver
Due to pressure on gold in the international market, there has been a slight softening of prices in the domestic market. In the capital Delhi, ten grams of 24 carat gold has fallen by Rs 10 to Rs 1,56,360, while 22 carat gold is being sold at Rs 1,43,340 per 10 grams. Whereas in important cities like Mumbai, Kolkata, Bengaluru and Ranchi, the price of 24 carat gold has been recorded at Rs 1,56,210. In Chennai it remains at the highest level of Rs 1,58,170.
After several consecutive days of stability, the price of silver also softened today on June 3. The price of one kg silver has decreased by Rs 100 to Rs 2,79,900. Silver is being sold at this price in big cities like Delhi, Mumbai, Kolkata, Patna, Lucknow and Ranchi. However, the price of one kg silver in Chennai is the highest at Rs 2,89,900 compared to other metros.
Silver import rules become stricter
Amidst the falling prices of gold and silver, the Central Government has taken a big and important decision regarding the import rules of silver. Now it has been made mandatory to obtain special approval from the Directorate General of Foreign Trade (DGFT) to import silver through certain routes. This new and strict rule will mainly apply to silver of 99.9% or more purity. This also fully includes silver plated with gold or platinum.
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Geopolitical tensions and recent ups and downs
Geopolitical tension and uncertainty regarding demand from industries are being considered the main reasons behind this recent change in the prices of gold and silver. If we look at the market fluctuations of the last few days, on June 1, a huge fall of Rs 820 was recorded in the price of 24 carat gold and Rs 750 in the price of 22 carat gold. On the other hand, there has also been a lot of volatility in the price of silver, where on May 29, the price of silver had jumped to Rs 5,000 per kg.
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