Gold Rate Today, June 4: What is the price of 18, 22, 24 carat gold today?

Gold prices in the Indian retail market have more or less remained unchanged on Thursday (June 4, 2026). According to Goodreturns.in at the time of writing at around 9:16 am (IST), after falling by just ₹1 per gm each, 24 and 22 carat gold were priced at ₹15,621 and ₹14,319 per gm, respectively. 18 carat gold, meanwhile, after a similar drag was retailing at ₹11,716 per gm.

Amid the US-Iran crisis which began in late February, precious yellow metal prices fell sharply and are currently about 15% below the pre-war level. However, for the past few weeks in the absence of any new catalyst, the metal has been trading rangebound.

On June 4, 2026, gold prices across major brands are as below:

Kalyan Jewellers: 22 carat gold is priced for ₹14,320 and 24 carat gold is retailing at ₹15,622 per gm. The price of 18 carat gold is ₹11,717 per gm.

Joyalukkas: 22 carat gold is priced at ₹14,320 per gm. 24 carat gold quoted at ₹ 15,622 per gm, while 18 carat gold was retailing at ₹11,716.

As per IBJA on the previous trading day i.e. June 3, 2026, the price of 22k gold today was ₹15,132 per gram while the price of 24k and 18k gold was ₹15,504 and ₹12,558 respectively.

Factors influencing gold rate today

Even as prices remained steady in the retail market, gold prices on the Multi-Commodity Exchange (MCX) were up. Gold futures for August delivery at around 9:25 am (IST) traded higher by 0.32% or ₹503 at ₹1,59,022 per 10 gm. Internationally too, US gold futures were up by 0.5% at $4,490.55 per ounce.

The gains in the precious metal price were seen on the back of softness in the dollar index and oil prices amid optimism around the US-Iran peace agreement.

The weakness in the dollar renders dollar-priced bullion more affordable for other currency holders.

On Wednesday, Washington said that Israel and Lebanon gave their go-ahead in implementing a ceasefire, reinforcing hopes of a possible peace agreement between the US and Iran.

Oil prices also softened in early deal today as Israel-Lebanon renewed ceasefire boosted hopes of de-escalation in the West Asia crisis.

Analysts do not see an end to the bull run in gold, nevertheless, expect the metal to remain choppy.