A huge fall in the prices of gold and silver has been recorded in the Indian bullion market today i.e. on 5 June 2026. The price of 24 carat gold, considered the purest, has reached between Rs 1,55,730 to Rs 1,58,020 per 10 grams. At the same time, the price of 22 carat gold, which is most used for making jewelery, has been recorded between Rs 1,42,750 to Rs 1,43,140 per 10 grams. At the same time, silver is trading around Rs 2,61,100 per kg.

​Global spot gold has fallen to around $ 4,450 an ounce in the international market, while silver has also fallen and is trading below $ 73 an ounce. Fears of increase in interest rates by the US Federal Reserve and the strength of the US dollar index are being considered as the major reasons behind this recession in the international market. At present the dollar index remains around the strong level of 99.4. This strengthening of the dollar has put direct pressure on the Indian rupee.

There is an atmosphere of uncertainty in the international market due to deepening tension between Iran and Israel and diminishing expectations of a US peace agreement. Due to the strength of the dollar index, the prices of both precious metals have declined against the dollar in the international markets, because a strong dollar makes gold and silver expensive for countries with other currencies.

Here, due to increasing tensions in West Asia (Middle East), fears of global economic recession have increased, due to which there are signs of increasing concerns regarding the demand for silver in industrial sectors. This is the reason why today there has been a bigger fall in the prices of silver than that of gold. The prices of Brent crude and WTI crude have also come around 95 to 97 dollars per barrel.

According to experts, at present the prices of gold are dependent on the international market, interest rates and the condition of the dollar. Instead of making hasty purchases, investors can invest after understanding the market trend or move towards investing gradually. There may be fluctuations in prices due to the upcoming central bank meetings and global geopolitical tensions in the coming days. Market trends should be kept an eye on.

Keep in mind that the gold and silver prices given above do not include state GST and jewelery making charges, hence the final rates may be different at the retail shop. This article has been written for information purposes only, do not consider it as investment advice. We do not guarantee or take any responsibility for the accuracy or reliability of any content. Investing in the market is subject to risks. Be sure to consult your financial advisor or market expert before making any type of investment.