Check today’s silver-gold rates: Essential guide for Indian buyers and investors

Gold and silver prices across India’s major cities remained stable this Monday, June 1, 2026. Despite ongoing tensions in West Asia and a shifting US dollar, domestic demand has remained calm. While global markets have seen record-breaking peaks recently, the current domestic mood is one of caution. 

City-by-city gold and silver rates

Prices for gold vary slightly depending on where you live. In Mumbai, Kolkata, Bangalore, Hyderabad, Kerala, Pune, Kochi, and Thiruvananthapuram, 24-carat gold is selling for ₹15,622 per gram. Chennai remains the most expensive market at ₹15,818, while Delhi stands at ₹15,637. Buyers in Vadodara and Ahmedabad will find rates at ₹15,627.

For 22-carat gold, the price is ₹14,320 in most major metros, though it reaches ₹14,500 in Chennai and ₹14,335 in Delhi. If you are looking for 18-carat gold, it is priced at ₹11,717 per gram in Mumbai, but rises to ₹12,180 in Chennai.

Silver prices show a similar regional divide. The metal costs ₹280 per gram (₹2,80,000 per kg) in Mumbai, Delhi, Kolkata, Bangalore, Pune, Vadodara, and Ahmedabad. However, buyers in Chennai, Hyderabad, Kerala, Kochi, and Thiruvananthapuram are paying a higher rate of ₹290 per gram (₹2,90,000 per kg).

Global forecasts and investor strategy

Market experts are currently divided on what the rest of June holds. Some analysts predict a minor dip of up to 5% for gold this month. This is because jewellery manufacturers often wait until the autumn wedding season to restock their supplies. Others suggest that if geopolitical conflicts escalate, gold could rise significantly.

Silver is even more unpredictable. Its value is being pulled in two directions: cooling interest from some investors is pushing prices down, while a shortage of supply for solar and AI technology keeps prices propped up.

For Indian investors, the advice is to stay balanced. Most professionals recommend that gold and silver should only make up about 5% to 10% of a total investment portfolio. Whether you prefer physical coins or digital funds, these metals are still considered a useful safety net for long-term wealth.