Gold and Silver Prices in India on 5 June 2026: Both Metals Rally as Israel-Lebanon Ceasefire Sparks Iran Peace Hopes; 24K Gold at ₹1,59,547, Silver Climbs to ₹2,64,796/kg

Gold and silver prices in India ended higher on 5 June 2026, with both metals posting gains as easing geopolitical tensions boosted market sentiment. Gold rose 0.65% to ₹1,59,547 per 10 grams, supported by a weaker US dollar and lower bond yields. Silver gained 0.77% to ₹2,64,796 per kg, benefiting from the softer dollar and reduced inflation concerns.

Gold and Silver Prices in Top Indian Cities on 5 June 2026,

Note: City-level rates may vary slightly from the national rate due to local taxes and logistics costs. Always confirm with your local jeweller before transacting. The 22K rate above is derived from the verified 24K MCX close (91.67% of 24K).

Gold and Silver Prices in India on 4 June 2026: Gold Recovers Despite US 10-Year Yield Hitting 4.49%; Silver Slides to ₹2,63,660/kg on Fed Rate Fears

Gold and silver prices in India moved in opposite directions on 4 June 2026. Gold recovered during afternoon trade, rising ₹660 (0.42%) to ₹1,59,220 per 10 grams on MCX. Despite the rebound, gold remains under pressure from strong US economic data and expectations that the US Federal

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Gold Rate Analysis on 5 June 2026

Gold prices concluded the trading session on a positive note, supported by a depreciating US dollar and declining bond yields following a drop in crude oil prices, driven by growing optimism around a possible reduction in Middle East tensions. The rally reverses the mid-week weakness caused by strong US ADP employment data and the 10-year Treasury yield hitting 4.49%.

MCX Gold - Session Close, 5 June 2026

Gold Price Today vs Yesterday - 22 Carat

Gold Price Today vs Yesterday - 24 Carat

Gold Price - Recent Performance

Key Factors Affecting Gold Prices Today

Israel-Lebanon ceasefire lifts Iran peace hopes: Reports indicating that Israel and Lebanon have reached an agreement to implement a ceasefire have bolstered expectations for a wider diplomatic resolution involving Washington and Tehran, enhancing risk sentiment throughout financial markets. Falling crude oil prices, a direct consequence of reduced conflict premium, lowered inflation expectations and pushed Treasury yields lower, making gold more attractive.

Weakening US dollar: A softer dollar following the geopolitical breakthrough directly boosts dollar-denominated gold, as it becomes cheaper for buyers in other currencies. This reverses the dollar-driven headwind that hammered gold earlier in the week.

US House restricts Iran military action: The passage of a resolution by the US House of Representatives seeking to restrict further military action against Iran contributed to a decrease in safe-haven demand for the dollar and fostered improved sentiment within commodity markets, indirectly benefiting gold.

India ETF outflows but structural demand intact: In May, India's physically backed gold ETFs saw their first monthly net outflow in a year as investors chose to book profits after the sharp price surge. However, cumulative ETF inflows continue to demonstrate resilience in 2026. More significantly, India's investment gold demand surged 52% year-on-year in Q1 2026, surpassing jewellery consumption for the first time on record.

Technical levels: Gold has immediate support at ₹1,58,690 per 10g on MCX, with a break below potentially testing ₹1,57,840. On the upside, resistance is at ₹1,60,400, and a sustained move above this level may lead to further gains toward ₹1,61,260.

Silver Rate Analysis on 5 June 2026

Silver prices concluded the trading session with an increase of 0.70% at ₹2,64,796 per kg, buoyed by a depreciating US dollar and diminishing inflation worries, as optimism grew for a diplomatic solution to the ongoing tensions in the Middle East. The recovery comes after silver had shed over 2.49% from its week-ago level of ₹2,70,400 per kg, making today's 0.70% gain a meaningful stabilisation.

MCX Silver - Session Close, 5 June 2026

Silver Price Today vs Yesterday

Silver Price - Recent Performance

Key Factors Affecting Silver Prices Today

Middle East de-escalation boosts industrial outlook: Peace optimism reduces oil-driven inflation fears, which in turn softens the "higher for longer" interest rate narrative. Lower rate expectations improve the outlook for industrial demand — a critical driver for silver given its use in solar panels, EVs, and semiconductors.

Dollar weakness is silver's gain: A softer dollar makes silver cheaper for international buyers, supporting global demand and lifting domestic prices in tandem with international spot markets.

India import restrictions create supply tightness: India has imposed stricter regulations on silver imports by categorising grain, powder, bars, and most semi-manufactured forms as restricted, necessitating import authorisation. While this aims to reduce import volumes and ease rupee pressure, it may constrict domestic supplies and elevate local premiums.

China demand at record levels: China's silver imports surged to a record 836 metric tonnes in March, driven by robust retail investment demand and proactive stockpiling by the photovoltaic industry in anticipation of tax policy changes. This structural tailwind from China partially offsets the demand restraint from India's new import policy.

Technical levels: Immediate support for MCX silver is at ₹2,61,660 per kg, with a breach likely to challenge ₹2,58,525. On the upside, resistance is at ₹2,67,865, and a sustained move above this level could pave the way toward ₹2,70,935.

Smart Buying Tips for Gold and Silver - 5 June 2026

Watch the US NFP closely: Tonight's US nonfarm payrolls report is the single most important data point for bullion next week. A soft number would validate today's rally and could push gold toward the ₹1,60,400 resistance. A strong print could revive Fed hike fears and reverse gains quickly.

Gold is approaching resistance — pace your buying: With gold closing near ₹1,59,547 and resistance at ₹1,60,400, buyers looking to accumulate might consider waiting for either a breakout confirmation above ₹1,60,400 or a dip back toward the ₹1,58,690 support zone.

Silver's dip-recovery pattern is encouraging: Silver has found a floor near ₹2,61,000–₹2,63,000 twice this week and bounced both times. A break above ₹2,67,865 over the weekend could set up a move toward the previous high of ₹2,71,000.

India import restrictions, act before premiums rise: With the government restricting silver imports, domestic premiums on silver bars and coins could increase over the coming weeks. Buyers planning to purchase physical silver may find current prices relatively attractive before the policy fully tightens supply.

Always buy hallmarked gold: Insist on BIS-hallmarked gold with a HUID stamp. 22K (91.6% pure) is standard for ornaments; 24K (99.9%) is best for investment coins and bars. Remember to factor in 3% GST and making charges when budgeting.

FAQs

What is the gold rate today in India on 5 June 2026?

The 24K gold rate in India today is ₹1,59,547 per 10 grams and 22K gold is ₹1,46,251 per 10 grams, based on the MCX session close on 5 June 2026. Gold rose 0.65% driven by Israel-Lebanon ceasefire news and a weaker US dollar.

What is the silver price per kg in India on 5 June 2026?

Silver (999 fine) closed at ₹2,64,796 per kg on 5 June 2026, up ₹2,017 (+0.77%) from the previous session. The MCX July futures contract is the reference rate for this close.