Gold, Silver Rates Today Hold Steady in Delhi on 3 June; Gold Overtakes US Treasuries in Global Reserves

Gold and silver prices remained unchanged in New Delhi on June 3, extending their recent pause after a sharp correction in gold prices. The price of 24 Karat (24K) gold stood at Rs 15,637 per gram, while 22 Karat (22K) gold was quoted at Rs 14,335 per gram. Notably, gold rates have remained steady for the second consecutive day after witnessing a sharp decline of nearly Rs 8,200 per 100 grams in recent sessions.

Gold, Silver Rates Today Steady for Consecutive Second Day Amid US-Iran Tensions

Silver prices also continued to hold firm, marking their fifth straight day without any change. In the national capital, silver was priced at Rs 280 per gram and Rs 2,80,000 per kilogram, reflecting stability despite heightened volatility across global commodity markets.

Gold Becomes World's Second-Largest Reserve Asset, Surpasses US Treasuries as Central Banks Boost Safe-Haven Holdings

Despite short-term fluctuations, gold's appeal as a safe-haven asset continues to strengthen. According to the latest report from the European Central Bank (ECB), gold accounted for 27% of global official reserves by the end of 2025, overtaking both US Treasuries and the euro.

Gold Rate Today, 3 June 2026: Check Latest 22K, 24K & 18K Gold Prices in Delhi

24 Karat Gold Rate in Delhi Today, June 3, 2026 (Wednesday)

Pure gold prices remained steady in Delhi, with 24 Karat gold trading at Rs 15,637 per gram. Buyers would need to pay Rs 1,25,096 for 8 grams and Rs 1,56,370 for 10 grams, while the price of 100 grams of 24K gold stood at Rs 15,63,700.

22 Karat Gold Rate Today in Delhi, June 3, 2026 (Wednesday)

The rate of 22 Karat gold in the national capital was recorded at Rs 14,335 per gram. Based on this rate, 8 grams were valued at Rs 1,14,680 and 10 grams at Rs 1,43,350. For bulk purchases, 100 grams of 22K gold were priced at Rs 14,33,500.

18 Karat Gold Rate Today in Delhi

Gold buyers looking at 18 Karat jewellery had to pay Rs 11,732 per gram on Wednesday. The cost of 8 grams stood at Rs 93,856, while 10 grams were available for Rs 1,17,320. The price of 100 grams of 18K gold was Rs 11,73,200 in Delhi.

Silver Rate Today, 3-6-2026: Check Latest Silver Prices Per Kg and Gram in Delhi

Silver prices in Delhi remained unchanged for the fifth consecutive day on June 3, offering stability to buyers despite heightened volatility across global commodity markets. The white metal continued to trade at Rs 280 per gram and Rs 2,80,000 per kilogram, maintaining the same levels seen in recent sessions.

At current rates, 8 grams of silver are valued at Rs 2,240, while 10 grams cost Rs 2,800. A larger 100-gram purchase is priced at Rs 28,000, reflecting the broader trend of steady domestic silver prices amid cautious investor sentiment.

MCX Silver Price Forecast Ahead; Check Technical Analysis on Gold-Silver Ratio

"MCX Silver continues to witness range-bound trading between 261000 and 277400. Despite the recent correction, silver has shown relative resilience compared to gold, with the Gold/Silver Ratio (Mint Ratio) hovering around 59-60. Going forward, silver is likely to remain sideways unless a decisive breakout occurs. Key support levels are placed at 261000-249300, while resistance is seen at 277400-299000," said Kaveri More, Commodity Analyst, Technical Research at Choice Broking.

Meanwhile, global bullion markets remain on edge as renewed tensions in the Middle East have pushed crude oil prices higher, reigniting concerns that inflation could remain elevated for longer.

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