Gold and Silver Prices Fall Again Today, June 6: Check City-Wise Rates
Gold prices witnessed a sharp decline on June 6, 2026, as strong economic data from the United States reduced hopes of an interest rate cut by the US Federal Reserve. The precious metal lost all its gains made earlier this year as investors reacted to a stronger US dollar, rising bond yields, and ongoing geopolitical tensions.
According to global market reports, gold bullion fell nearly 3.6% to around $4,315 per ounce, while spot gold dropped 3.5% to about $4,320 per ounce. Silver prices also came under pressure, falling nearly 7.8% to around $68 per ounce. Platinum and palladium prices declined as well.
Market experts say that strong US jobs data has strengthened expectations that the Federal Reserve could keep interest rates high for a longer period. Higher interest rates generally reduce the appeal of gold because the metal does not provide any interest income. Concerns over tensions in the Middle East and uncertainty surrounding the Strait of Hormuz also continue to influence global markets.
Gold Prices Today, June 6, 2026:
Mumbai
24K Gold: ₹1,55,450 per 10 grams 22K Gold: ₹1,42,496 per 10 grams 18K Gold: ₹1,16,588 per 10 gramsDelhi
24K Gold: ₹1,55,180 per 10 grams 22K Gold: ₹1,42,248 per 10 grams 18K Gold: ₹1,16,385 per 10 gramsBengaluru
24K Gold: ₹1,55,570 per 10 grams 22K Gold: ₹1,42,606 per 10 grams 18K Gold: ₹1,16,678 per 10 gramsKolkata
24K Gold: ₹1,55,240 per 10 grams 22K Gold: ₹1,42,303 per 10 grams 18K Gold: ₹1,16,430 per 10 gramsChennai
24K Gold: ₹1,55,900 per 10 grams 22K Gold: ₹1,42,908 per 10 grams 18K Gold: ₹1,16,925 per 10 gramsHyderabad
24K Gold: ₹1,55,700 per 10 grams 22K Gold: ₹1,42,725 per 10 grams 18K Gold: ₹1,16,775 per 10 gramsAhmedabad
24K Gold: ₹1,55,660 per 10 grams 22K Gold: ₹1,42,688 per 10 grams 18K Gold: ₹1,16,745 per 10 gramsSilver Prices Today, June 6, 2026:
Mumbai
Silver: ₹2,61,000 per kgDelhi
Silver: ₹2,61,000 per kgBengaluru
Silver: ₹2,61,000 per kgKolkata
Silver: ₹2,61,000 per kgAhmedabad
Silver: ₹2,61,000 per kgHyderabad
Silver: ₹2,69,000 per kgChennai
Silver: ₹2,69,000 per kg