June 6, 2025 (8:00 AM IST) – Gold prices today on the Multi Commodity Exchange (MCX) are showing a marginal increase this morning, continuing a recent upward trend. As of 8:00 AM IST on June 6, 2025, the precious yellow metal has edged up from its previous day’s closing, offering a steady start for investors.
MCX Gold Price: Today vs. Yesterday (Per 10 Grams)
Here’s a snapshot of the MCX gold prices for 24K and 22K purity:
| Purity | Today (June 6, 2025) | Yesterday (June 5, 2025) | Change (INR) |
|---|---|---|---|
| 24 Carat | ₹99,610 | ₹99,600 | +₹10 |
| 22 Carat | ₹91,310 | ₹91,300 | +₹10 |
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The movement is quite subtle, indicating a relatively stable market with a slight bullish sentiment.
Gold Rates in Major Indian Cities (Per 10 Grams)
While MCX provides a benchmark, physical gold prices in India can vary due to local taxes, making charges, and supply-demand dynamics. Here are the indicative rates for 24K and 22K gold across major Indian cities this morning:
| City | 24 Carat Gold (₹) | 22 Carat Gold (₹) |
|---|---|---|
| Chennai | ₹99,610 | ₹91,310 |
| Mumbai | ₹99,610 | ₹91,310 |
| Delhi | ₹99,760 | ₹91,460 |
| Kolkata | ₹99,610 | ₹91,310 |
| Bangalore | ₹99,610 | ₹91,310 |
| Hyderabad | ₹99,610 | ₹91,310 |
| Pune | ₹99,610 | ₹91,310 |
| Ahmedabad | ₹99,660 | ₹91,360 |
| Vadodara | ₹99,660 | ₹91,360 |
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Note: These are indicative prices and may vary slightly throughout the day and across different jewelers.
Short Reason for Price Change
The marginal increase in gold prices today can be attributed to a combination of factors. Globally, gold often acts as a safe-haven asset, and even minor shifts in economic outlook or geopolitical developments can influence its value. While specific macro events at 8 AM IST might not be immediately apparent for such a minor shift, the overall sentiment points to:
- Sustained demand: Gold continues to be a preferred investment in India, especially during wedding seasons and festivals, which provides underlying support to prices.
- Global cues: International gold prices, often influenced by the US dollar’s strength and expectations around interest rates from major central banks (like the US Federal Reserve), play a significant role. A slight weakening of the dollar or renewed investor interest in safe-haven assets could contribute to this modest rise.
While the change is small, it reflects gold’s resilience and its continued appeal as a stable store of value in the current economic landscape. Investors should always consider broader market trends and expert analysis before making any investment decisions.