Gold Prices Fall In India Again, June 3: 22K/100 Grams Yellow Metal Down By Rs 6K In 2-Days

Gold prices in India today witnessed decline yet again after registered fall on June 1, 2024 as traders keenly looking forward to more US economic data this week after latest data highlighted that inflation stabilized and boosted hopes for Federal Reserve to slash interest rates later this year.

22K gold prices today declined by Rs 400 to Rs 66,100/10 grams and 100 grams of 22 carat yellow metal prices today fell by Rs 4000 in India today. 24k precious metal prices on June 3, 2024 slipped by Rs 440 to Rs 72,110/10 grams and 100 grams of 24 carat gold price India dived by Rs 4400 in the country. Meanwhile, 18k gold prices India fell by Rs 330 to Rs 54,080/10 grams and 100 grams of 18 carat yellow metal declined by Rs 3300 in India today.
It is worth mentioning that 22k gold prices have now fallen by Rs 6000 from June 1, 2024 as the prices slipped by Rs 2000 on June 1 and fell by Rs 4000 on today (June 3).

Spot Gold Prices Today: Spot gold almost remained unchanged at $2,322.53 per ounce, as of 0342 GMT. Bullion surged nearly 2% in May. U.S. gold futures declined 0.1% to $2,342.70, according to Reuters.

According to Reuters, "The short-term catalyst is going to be the jobs data and if it shows a little bit of slack building in the labor market, you know that's going be good for gold prices," said Kyle Rodda, a financial market analyst at Capital.com.

Silver Prices Today: Silver prices in India today declined by Rs 700 to Rs 92,800/kg. In last 4-days, silver prices fell by Rs 4900. 100 grams silver prices in India today slipped by Rs 70 to Rs 9,280.

22k/10 Grams Gold Price Movement In Last 10-Days In India

Gold price today fell by Rs 400, declined by Rs 200 on June 1, held steady on May 31, slipped by Rs 400 on May 30, rallied by Rs 250 on May 29, Jumped by Rs 200 on May 28, surged by Rs 250 on May 27, remained unchanged on May 25, fell by Rs 900 on May 24, and declined by Rs 1000 on May 23.

1kg Silver price India movement in last 10-days

Silver prices today slipped by Rs 700, declined by Rs 2000, fell by Rs 1000 on May 31, fell by Rs 1200 on May 30, jumped by Rs 1200 on May 29, rallied by Rs 3500 on May 28, surged by Rs 1500 on May 27, slipped by Rs 500 on May 25, dived by Rs 500 on May 24, and dived sharply by Rs 3300 on May 23.

1 Gram of 22k Gold prices In 5 Key Metropolitan Cities Of India On June 3, 2024:

Gold Price Chennai: Price of 1 gram of 22 carat of gold price Chennai today is Rs 6,666

Yellow Metal Price Mumbai: Price of 1 gram of 22 carat gold in Mumbai on June 3 is Rs 6,610

Precious Metal Price Delhi: Price of 1 gram of 22 carat yellow metal in Delhi on June 3 is Rs 6,625

Gold Price Kolkata: Price of 1 gram of 22 carat of yellow metal in Kolkata on June 3, 2024 is Rs 6,610

Gold Price Kerala: Cost of 1 gram of 22K gold in Kerala on June 3 is Rs 6,610

Yellow Metal Price Bangalore: Price of 1 gram of 22 carat gold in Bangalore on June 3 is Rs 6,610