
Gold and silver prices in India remained largely stable on June 2, 2026, as investors closely monitored global market trends, central bank policies and international economic developments. The precious metals market continues to attract strong interest from both retail buyers and investors, particularly amid ongoing uncertainty in global financial markets.
According to the latest market data, 24-carat gold was trading at around Rs 10,042 per gram, while 22-carat gold was priced at approximately Rs 9,205 per gram in major Indian cities. Silver prices also held firm, with the metal retailing at around Rs 1,08,900 per kilogram in most parts of the country.
The bullion market has remained resilient despite fluctuations in global commodity prices. Analysts attribute the stability in domestic gold rates to a combination of international gold prices, currency movements and local demand patterns. A relatively steady rupee against the US dollar has also helped keep sharp price swings in check.
Silver, often considered both a precious and industrial metal, continued to trade above the Rs 1 lakh-per-kilogram mark. Demand from manufacturing sectors, renewable energy projects and jewellery markets has provided additional support to silver prices in recent months.
Market experts suggest that investors remain cautious ahead of key economic data releases and potential policy decisions from major central banks worldwide. Any changes in interest rate expectations could influence the movement of gold and silver prices in the coming weeks.
Jewellers expect demand to remain healthy as consumers continue to view gold as a long-term store of value and a preferred investment option during periods of economic uncertainty. The upcoming festive and wedding seasons are also expected to support buying interest across the country.
As gold and silver rates vary slightly from city to city due to local taxes, transportation costs and dealer margins, buyers are advised to check the latest prices with authorised jewellers before making purchases. Investors and consumers alike will continue tracking global market developments for clues on the next major move in precious metal prices.
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