Lottery held for jewelry buyers… Silver becomes cheaper by Rs 5800, gold also slips by Rs 1850, check latest rate

Gold-Silver Price Today 06 June 2026: The prices of gold and silver have been fluctuating for the last several days. Meanwhile, on Saturday (June 6), a huge fall is being seen in the bullion markets across the country. This decline is being attributed to the arrival of strong employment data in America and the strengthening of the dollar. Due to this, profit booking among investors has increased. Due to this, the prices of gold and silver on the domestic market (MCX) have fallen.

Earlier on Friday, gold prices in India Bullion and Jewelers Association (IBJA) and MCX had closed with a decrease of about Rs 1600 to Rs 1850 per 10 grams. Whereas silver prices have fallen by Rs 4000-5800. Since markets are closed on Saturday and Sunday, prices remain at their last close.

Silver continues to shine in retail market

The average retail price of silver in India remains between Rs 2,74,900 to Rs 2,79,900 per kg. In the capital Delhi, the price of silver was recorded at Rs 2,749 per 10 grams and Rs 2,79,900 per kilogram. Whereas in Mumbai and Kolkata, the price of 10 grams of silver is around Rs 2,750 and the price of one kilogram is Rs 2,75,000. Silver remains relatively expensive in Chennai, where the price of 10 grams of silver has reached Rs 2,800 and the price of one kilogram has reached Rs 2,80,000.

Price of gold and silver in major cities

Due to fall in gold and silver prices

Many global reasons are responsible for the fall in silver and gold prices. The most important reason for this is believed to be the strong labor market data coming from America.

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More new jobs were created in the US in May than the estimated 1.72 lakh, indicating the strength of the US economy. This has reduced the possibility of the US Federal Reserve cutting interest rates soon. Due to expectations of higher interest rates, investors are withdrawing money from safe investment options like gold.