Commodity Market News: Gold futures rise over 2% to cross Rs 94,700 mark, silver gains nearly 1%


Commodity Market News: Gold futures (June 5) on Monday rose as much as 2.23 per cent to Rs 94,708 from the previous close of Rs 92,637. The yellow metal has touched an intraday high of Rs 94,708 in the first few minutes during the evening session. Similarly, silver futures (July 5) gained as much as 0.88 per cent from the previous close of Rs 94,064.

Gold Rate Today | How the international benchmark fares  

In the international market, gold benchmark rates jumped more than one per cent amid weakness in the US dollar. At around 5 pm, gold was trading 2.4 per cent higher at $3,320.5 per ounce on COMEX. 

Last week, the global benchmark registered its worst weekly loss since February.

US Gold Futures 

US gold futures were up 2.4 per cent at $3,317.3 an ounce. 

Growing uncertainty around the trade war continued to boost the appeal of safe haven investments such as gold.

Investors also awaited a key rate decision by the US central bank due this week for cues. 

Meanwhile, the rupee ended at 84.256 against the US dollar on Monday. 

The dollar index, which measures the greenback against six peers other than the rupee, was last seen trading 99.64.  

City-wise Spot Gold Price List | Here’s a summary of indicative spot rates in different parts of the country: 

Gold Rated Today 1 Gram (in Rs)
City 22K 24K 18K
Chennai 8775 9573 7250
Mumbai 8775 9573 7180
Delhi 8790 9588 7192
Kolkata 8775 9573 7180
Bengaluru 8775 9573 7180



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Anurag Dhole is a seasoned journalist and content writer with a passion for delivering timely, accurate, and engaging stories. With over 8 years of experience in digital media, she covers a wide range of topics—from breaking news and politics to business insights and cultural trends. Jane's writing style blends clarity with depth, aiming to inform and inspire readers in a fast-paced media landscape. When she’s not chasing stories, she’s likely reading investigative features or exploring local cafés for her next writing spot.

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