There is a fall in the prices of gold and silver today i.e. on 3rd June. According to India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold has fallen by Rs 1,030 to Rs 1.55 lakh today. The price of 1 kg silver has come down by Rs 3,300 to Rs 2.62 lakh. Gold price according to carat Gold price in major cities of the country Source: goodreturns 3 June 2026 Gold price journey: ₹ 1.76 lakh to ₹ 1.55 lakh Gold had seen a rise in the beginning of this year, but in the last few weeks it has declined due to profit-booking and global reasons. Crash in Silver Prices: Silver has seen more fluctuations than gold from ₹3.86 lakh to ₹2.62 lakh. It has come far below its all-time high. Gold became cheaper by ₹ 21 thousand and silver by ₹ 1.24 lakh in 125 days Source: IBJA Main reasons for decline: Leaving metal and relying on ‘cash’ Usually the prices of gold and silver increase in the environment of war, but this time the situation is a little different:
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Silver fell by ₹ 3,300 to ₹ 2.62 lakh kg: ₹ 1.24 lakh below the all-time high, gold became cheaper by ₹ 1,030 today
