what is the price of gold today 24 carat : June 05, 2025

what is the price of gold today 24 carat : June 05, 2025

Today, June 5, the price of gold in your city: Verify the prices of gold and silver in Delhi, and Mumbai, depending on where you live.

 

Prices of gold and silver in your city on June 5: Uncertainty around the US-China trade agreement, geopolitical unpredictability in Europe (the conflict between Russia and Ukraine), and anticipation for the US Fed rate decision have all contributed to the recent spike in gold prices.

Also Read : what is the price of gold today 24 carat : May 04, 2025

 

All things considered, gold has returned 25% since January; year-over-year (YoY), this figure is 40%. Additionally,data indicates that it has outperformed inflation by more than 2-4 percent since 1995 and has returned 15% CAGR since 2001. As investors flocked to safe-haven metals to secure their portfolios,silver prices surged above ₹1 lakh/kg.

Maintaining a 5–10% gold allocation is advised, according to Rishabh Nahar, Partner and Fund Manager at Qode Advisors. This arrangement acts as a strong buffer against geopolitical unpredictability, inflation, and negative real rates. Since even a small allocation can assist reduce the volatility of a portfolio that is heavily weighted toward stocks, we advise increasing positions on significant pullbacks,” he continued.

 

Current Gold and Silver Prices: Verify Rates — June 5
On June 5,prices began to rise at 9.50 a.m. The official website indicated that the MCX gold index was trading at ₹97,310/10 gm. In the meantime,it indicated that the price of MCX silver was ₹1,01,526/kg.

Furthermore, at 9.50 am on June 5, the Indian Bullion Association (IBA) reported that the price of 24-carat gold was ₹98,330/10 gm. Additionally,the price of 22-carat gold was ₹90,136/10 gms. Additionally,the IBA website states that the current price of silver is ₹1,01,840/kg (Silver 999 Fine).

For the current prices of gold and silver in Delhi, Kolkata, Mumbai, Hyderabad, Bengaluru, and Chennai, as of June 5, see this link. Notably, jewelers may include GST, taxes, and manufacturing charges on the bill for retail clients, which could increase the total cost to you.

Mumbai’s Gold and Silver Prices, June 5 :

Mumbai’s gold bullion prices are ₹98,150/10 gm.

Mumbai’s MCX Gold pricing is ₹97,310/10 gm.

Mumbai’s silver bullion rate is ₹1,01,660/kg.

In Mumbai, the price of MCX Silver 999 is ₹1,01,526/kg.

Delhi’s Gold and Silver Prices, June 5 :

New Delhi’s gold bullion rates are ₹98,040/10 gm.

New Delhi MCX Gold rate is 97,310/10 gm.

In New Delhi,the price of silver bullion is ₹1,01,500/kg.

In New Delhi,the price of MCX Silver 999 is ₹1,01,526/kg.

Disclaimer: bharatbulletin24x7.com does not endorse the opinions or suggestions expressed above; rather,these represent the opinions of individual analysts or brokerage firms. Before making any financial decisions, we encourage investors to consult with qualified professionals.