Gold Price Today –
4 June 2026
Gold slid to a 2-month low of $4,439 before recovering — testing the 200-day SMA support that bulls are watching closely. Investing.com has issued a “Strong Sell” technical signal. India’s 24K gold holds at ₹15,622/gram (₹1,56,220/10g). Iran talks remain contradictory — making direction “difficult to find.” Today: US Jobless Claims. Tomorrow: the Non-Farm Payrolls (NFP) report at 6 PM IST — the week’s defining event for gold.
Gold Drops to 2-Month Low of $4,439 Before Recovering — 200-day SMA Holds
FXStreet confirmed: “Gold dropped to its lowest level in two months but managed to erase a large portion of its weekly losses.” Investing.com live data shows today’s range as $4,439.10–$4,496.88 — meaning gold has so far bounced from the lows. The critical 200-day SMA at $4,417 — which FXStreet warned gold was “looking to test” — has so far held, with buyers stepping in near the lows. LiteFinance records the live price at $4,436.64. The key question for today: does the 200-day SMA hold into tomorrow’s NFP, or does a weak data point break it?
Aaj ka sone ka bhav — Thursday, 4 June 2026. India’s 24K gold is steady at ₹15,622/gram (₹1,56,220/10g) nationally, with Delhi at ₹15,637/gram. Globally, gold has tested a 2-month low of $4,439 before bouncing — with the critical 200-day SMA at $4,417 holding as support so far. Investing.com’s technical signal is “Strong Sell”. Today brings US Jobless Claims. Tomorrow at 6 PM IST is the Non-Farm Payrolls — the week’s defining event. Here is your complete Thursday brief.
💰 Gold Rate Today India — 4 June 2026
Goodreturns and Sunday Guardian Live (June 4, 2026) confirm: India’s 24K gold holds at ₹15,622/gram (₹1,56,220/10g), 22K at ₹14,320/gram (₹1,43,200/10g), 18K at ₹11,717/gram (₹1,17,170/10g). Sunday Guardian’s headline (June 4, published 3 hours ago) confirms domestic rates are “still pricey” even as global spot edges lower. The domestic resilience is explained by India’s 15% import duty structure — even as global gold drops, the duty floor prevents proportional Indian price falls.
City-Wise Gold Rates — 4 June 2026
| City | 24K (₹/10g) | 22K (₹/10g) | 18K (₹/10g) | 24K/gram |
|---|---|---|---|---|
| Delhi | ₹1,56,370 | ₹1,43,350 | ₹1,17,320 | ₹15,637 |
| Mumbai | ₹1,56,220 | ₹1,43,200 | ₹1,17,170 | ₹15,622 |
| National Avg | ₹1,56,220 | ₹1,43,200 | ₹1,17,170 | ₹15,622 |
| Chennai | ₹1,57,970+ | ₹1,44,810+ | ₹1,18,480+ | ₹15,797+ |
| Kolkata | ₹1,56,220 | ₹1,43,200 | ₹1,17,170 | ₹15,622 |
| Bengaluru | ₹1,56,220 | ₹1,43,200 | ₹1,17,170 | ₹15,622 |
| Hyderabad | ₹1,56,220 | ₹1,43,200 | ₹1,17,170 | ₹15,622 |
| Ahmedabad | ₹1,56,220 | ₹1,43,200 | ₹1,17,170 | ₹15,622 |
| Pune | ₹1,56,220 | ₹1,43,200 | ₹1,17,170 | ₹15,622 |
| Jaipur | ₹1,56,220 | ₹1,43,200 | ₹1,17,170 | ₹15,622 |
| Lucknow | ₹1,56,220 | ₹1,43,200 | ₹1,17,170 | ₹15,622 |
| Surat | ₹1,56,220 | ₹1,43,200 | ₹1,17,170 | ₹15,622 |
*Rates from Goodreturns/Sunday Guardian Live (4 June 2026). Exclude 3% GST and making charges. Delhi is ₹15/gram above national. Chennai carries a traditional ₹1,750/10g premium. India’s 15% import duty (effective May 13, 2026) is embedded in all prices. Gold prices are stable domestically even as international prices decline, due to the duty floor. Verify before purchase.
Sunday Guardian Live (4 June 2026) captured today’s market perfectly: “Experts say gold’s in a bind. Uncertainty from geopolitics drives its value, but fears of ongoing high interest rates keep those gains in check.” Gold is caught between: (1) Iran escalation risk — which should push gold higher via safe-haven demand; and (2) hawkish Fed signals (99.4% probability of no June cut; possible December hike) — which keep the dollar strong and cap gold’s upside. Until one force clearly wins, gold oscillates in a range.
📊 MCX Gold Today — Technical Levels
MCX gold is expected to trade in the ₹1,53,000–₹1,57,000/10g range today, reflecting international spot at $4,436–$4,442 converted at ~₹95.19/USD with India’s 15% import duty structure. Sunday Guardian confirms MCX gold futures are showing “weakness overall.” The corrective phase that began after gold’s May 13 duty-hike peak of ₹1,62,270/10g continues — gold has given back approximately 3.7% from that peak.
🌍 International Gold Price — 4 June 2026
Multiple live sources confirm today’s international gold picture: LiteFinance: $4,436.64 as of June 4, 2026. Investing.com: $4,442.20 — prev. close $4,488.08, today’s range $4,439.10–$4,496.88, 52-week range $3,247.86–$5,595.46, technical signal: “Strong Sell.” Sunday Guardian (June 4, 3 hours ago): “US Gold Rates Edges Lower to $4,438.” FXStreet confirms gold reached “its lowest level in two months” — consistent with the $4,439 low.
| Source | Price | Context |
|---|---|---|
| LiteFinance (June 4) | $4,436.64 | Live confirmed rate |
| Investing.com (current) | $4,442.20 | “Strong Sell” · prev. close $4,488.08 |
| Today’s Low (Investing.com) | $4,439.10 | 2-month low — key support test |
| Today’s High (Investing.com) | $4,496.88 | Recovery attempt |
| Sunday Guardian (June 4) | ~$4,438 | “Edges lower to $4,438” |
| 200-day SMA (FXStreet) | $4,417 | Long-term bull floor — holding |
| LiteFinance June 4 range | $4,441.34–$4,509.74 | Expected trading range |
| LiteFinance June 2026 range | $4,186–$4,933 | Full month forecast |
| YoY change | +32.76% | Trading Economics |
| ATH (Jan 28, 2026) | $5,602.22/oz | APMEX — 21.5% below |
“Gold dropped to its lowest level in two months but managed to erase a large portion of its weekly losses. Investors await the next batch of high-impact economic data releases from the United States, while contradicting headlines surrounding the negotiations between the US and Iran make it difficult for the precious metal to find direction.” — FXStreet Gold Analysis, June 4, 2026
🚨 NFP Tomorrow — 3 Scenarios for Gold (Friday 6 PM IST)
The US Non-Farm Payrolls for May 2026 releases tomorrow, Friday June 5, 2026 at 8:30 AM ET (6:00 PM IST). This is the single most market-moving event of the week. LiteFinance’s schedule confirms: “June 5 — Release of May nonfarm payrolls (NFP) data and the May unemployment rate.” FXStreet confirms: the NFP report “could also help alter Fed rate expectations and determine the Gold price direction in the coming weeks.”
Economic slowdown confirmed. Stagflation scenario — high inflation + stalling growth. Rate hike probability falls sharply. Dollar weakens. Gold breaks above $4,509 (LiteFinance high). MCX targets ₹1,56,000–₹1,58,000.
Consensus reading. No major surprise. Gold stays in LiteFinance’s June 4 range. MCX oscillates ₹1,52,000–₹1,56,000. Most likely scenario.
Robust jobs market reinforces rate hike. Dollar strengthens sharply. Gold breaks 200-day SMA at $4,417 — major technical bear signal. MCX targets ₹1,43,000–₹1,45,000.
Gold could move ₹2,000–₹5,000 per 10 grams within 30 minutes of the NFP release at 6 PM IST tomorrow. If you have a physical gold purchase planned this week, complete it before 5:30 PM IST tomorrow (Friday) — or wait until Saturday morning when the NFP market reaction has fully settled. For SGB/ETF investors: ignore the NFP noise and maintain your SIP.
🕌 Iran Update — Still the Dominant Wildcard
Tehran suspended communications with Washington after Israeli attacks in Lebanon. However, back-channel diplomacy continues. FXStreet’s weekly note called Iran negotiations “contradicting headlines” — meaning every positive report is followed by a negative one. Gold cannot establish a clear direction in this environment.
Trump stated the Memorandum of Understanding to reopen the Strait of Hormuz could come “as early as next week.” If Trump signs the MOU week of June 8: oil falls, inflation concerns ease, dollar dips, and gold may initially dip before recovering as rate-cut prospects improve.
The Strait of Hormuz blockade, now 14+ weeks old, continues to constrain global oil supply. Crude oil remains above $90/bbl — keeping energy-driven inflation elevated and maintaining gold’s inflation-hedge premium. Any formal reopening would ease this pressure significantly.
CME Group data confirmed by LiteFinance: 99.4% probability the Fed keeps rates unchanged at 3.50%–3.75% in the June meeting. The Fed is on hold — but the market is pricing in December 2026 as the possible hike date. Gold is stuck between this rate-hike ceiling and the Iran safe-haven floor.
📰 Top News Moving Gold Today
Gold touched its lowest level since late March 2026 — $4,439.10 per Investing.com — on Thursday morning. Investing.com’s technical analysis tool issued a “Strong Sell” rating as gold fell below all key short and medium-term moving averages. However, the 200-day SMA at $4,417 has so far held, and gold managed to recover toward $4,442–$4,497, erasing a “large portion of weekly losses” (FXStreet). This bounce from the 200-day SMA is being watched closely by institutional investors globally.
LiteFinance’s event calendar confirms today’s releases: “June 4 — Release of initial jobless claims and first-quarter nonfarm productivity figures.” Rising jobless claims = slowdown signal = gold bullish. Falling productivity = stagflation indicator = gold bullish. Strong productivity + low claims = rate hike reinforced = gold bearish. These are the final pre-NFP data points — their combined message will set the market’s positioning for tomorrow’s Jobs Report.
FXStreet’s gold analysis today: “contradicting headlines surrounding the negotiations between the US and Iran make it difficult for the precious metal to find direction.” In the past 48 hours: Iran suspended Washington communications (bearish for peace deal) while Trump claimed an MOU is coming “next week” (positive). Israel meanwhile extended Lebanon operations. This tug-of-war is keeping safe-haven demand alive but capping any sustained gold rally.
FXStreet confirmed the NFP report will “help alter Fed rate expectations and determine the Gold price direction in the coming weeks.” TradingView analysts framed this week perfectly: “Next week, a barrage of US economic data will bombard the market — almost every data point could shake market expectations regarding the Fed’s policy path. For gold and silver traders, this means significantly increased volatility.” The NFP is the culmination of this data week — setting gold’s June 2026 trajectory.
📅 This Week’s Events — Final Countdown
📈 5 Reasons the Bull Market Is Still Intact
Gold at $4,436–$4,442 is still above the 200-day SMA at $4,417. As long as this holds on a daily closing basis, the broader bull market structure is intact. Every previous test of the 200-day SMA in 2025–2026 has been followed by a significant rally. Institutional buyers accumulate at this level.
China’s PBoC added 8 tonnes in April — the most in 15 months — specifically during a period of price weakness. This “accumulate on dips” behaviour from the world’s largest institutional buyer creates a structural floor that prevents deep corrections.
US CPI at 3.8% (highest since May 2023) maintains gold’s inflation-hedge premium. Next week’s May CPI (June 10) will determine whether inflation is accelerating or easing. Another hot CPI print would be powerfully bullish for gold — pushing rate-cut hopes higher and the dollar lower.
Even a diplomatic suspension in talks keeps the risk of resumed US military operations elevated. Any US strike on Iran would spike gold $300–$600/oz within hours — the most extreme positive gold catalyst currently possible. This asymmetric risk is embedded in gold’s price regardless of technical weakness.
WGC confirmed Q1 2026 global gold demand hit a record 1,230.9 tonnes. India’s Q1 demand doubled to $25 billion. Bar and coin demand rose 42% YoY. This fundamental demand strength doesn’t disappear because of a 6-week technical correction — it re-emerges on every meaningful dip.
🔮 Gold Price Forecast 2026 — Expert Targets
LiteFinance’s key statement for June 4: “XAU/USD remains likely to rise. Estimated pivot point: $4,5xx.” (The precise pivot value was truncated in the source but appears to be around $4,500–$4,520.) This is a positive signal — LiteFinance’s model suggests the bias is slightly upward even on today’s weak day.
| Institution | Target (USD) | India 24K (₹/10g) | Timeframe |
|---|---|---|---|
| Goldman Sachs | $5,400/oz | ~₹1,76,000 | End 2026 |
| LiteFinance pivot (upside) | ~$4,500–$4,520 | ~₹1,47,000–₹1,48,000 | Near-term recovery |
| LiteFinance June 2026 | $4,186–$4,933 | ~₹1,37,000–₹1,61,000 | Full month range |
| LiteFinance bear year-end | $4,370–$3,816 | ~₹1,43,000–₹1,25,000 | End 2026 (if rate hikes) |
| 200-day SMA (technical bull floor) | $4,417 | ~₹1,45,000 | Current key support |
| LongForecast | Up to $6,874/oz | ~₹2,24,000+ | 2026 peak |
| Weak NFP bull trigger | $4,509–$4,580 | ~₹1,48,000–₹1,50,000 | Tomorrow (if NFP weak) |
💼 How to Buy Gold in India — NFP-Week Strategy
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SGBs — Best Long-Term Entry: 200-day SMA Test = Historical Buy Opportunity
Gold testing its 200-day SMA at $4,417 is historically one of the strongest long-term buy signals. SGBs give you access at international prices (~₹13,600–₹13,700/gram equivalent at $4,436/oz and ₹95.19/USD) vs. ₹15,622/gram retail — saving ₹1,900–₹2,000/gram by bypassing India’s 15% import duty. Goldman Sachs targets $5,400 year-end — that’s ~21.7% gain from today’s international price, plus 2.5% annual interest, plus zero capital gains tax at maturity. If the 200-day SMA holds today/tomorrow, this week is one of the most compelling SGB accumulation opportunities of 2026. -
Gold ETF SIP — Set It and Forget the NFP Noise
HDFC Gold ETF, SBI Gold ETF, Nippon India Gold ETF. With NFP tomorrow capable of moving gold ±₹3,000/10g and next week bringing CPI + PPI + UoM + FOMC minutes — the volatility is far too high for active market timing. A monthly SIP auto-executes at your chosen date, capturing average prices across all this volatility. Zero making charges, SEBI regulated, tracks international price (duty-efficient). Set up your Gold ETF SIP today and let the system work for you. -
Consider a Staged Entry — 50% Today, 50% Post-NFP
For investors wanting to make a meaningful lump-sum gold entry this week: (1) Allocate 50% today — if the 200-day SMA holds and gold bounces tomorrow, you’ve captured the low; (2) Allocate the remaining 50% on Saturday morning after the NFP reaction settles — if gold falls further on a strong NFP, you get an even better entry on the second half. This staged approach balances the risk of missing the bounce against the risk of buying before more downside. -
Physical Gold — Wait Until Saturday If Non-Urgent
At ₹15,622/gram + 3% GST + making charges, physical gold remains duty-elevated. For near-term wedding/festival needs only: complete your purchase today before 5 PM or wait until Saturday morning after NFP settles. Use the old-gold exchange route at certified jewellers to minimise fresh duty impact. BIS Hallmark HUID receipt mandatory. For investment only: SGBs and ETFs are ₹1,900–₹2,000/gram cheaper than physical at current duty rates.
The 200-day SMA at $4,417 is gold’s most important technical level. Gold has bounced from this level three times in the 2025–2026 bull market, each time leading to a significant rally. The current test — with gold at $4,436–$4,442 — represents the closest the bull market has come to breaking down since the Iran conflict began in February 2026. If gold closes above the 200-day SMA at $4,417 through Friday’s NFP, long-term investors who add at current levels will likely look back at this week as an exceptional accumulation opportunity. LiteFinance even states “XAU/USD remains likely to rise” despite today’s weakness.
❓ Frequently Asked Questions
On 4 June 2026, 24K gold in India is ₹15,622/gram (₹1,56,220/10g) nationally per Goodreturns and Sunday Guardian Live. Delhi is ₹15,637/gram. 22K is ₹14,320/gram (₹1,43,200/10g) and 18K is ₹11,717/gram. International gold is at $4,436–$4,442/oz — a 2-month low. All rates exclude 3% GST and making charges.
Aaj 4 June 2026 ko 24 carat sone ka national bhav ₹15,622 per gram (₹1,56,220/10g) hai. Delhi mein ₹15,637/gram hai. 22 carat gold ₹14,320/gram (₹1,43,200/10g) hai. International gold $4,436–$4,442/oz par hai — 2-month low test ho raha hai. Kal US NFP data release hoga (6 PM IST) — is hafte ka sabse important event. Ye rates indicative hain — 3% GST aur making charges alag lagte hain.
Gold reached a 2-month low of $4,439 on June 4 because: (1) Iran suspended communications with Washington after Israeli attacks in Lebanon — pausing ceasefire MOU negotiations; (2) the US Dollar strengthened on rising Treasury yields; (3) Investing.com issued a “Strong Sell” technical signal as gold fell below all short/medium-term SMAs (21-day at $4,601, 50-day at $4,648); (4) position-squaring ahead of Friday’s critical NFP — traders reducing risk before the biggest macro event of the week. However, gold managed to partially recover from the low, with the 200-day SMA at $4,417 providing buyer support.
Gold is testing a 2-month low near the 200-day SMA — which is historically a strong long-term entry signal. However, tomorrow’s NFP could move prices ±₹3,000–₹5,000/10g. Our suggested approach: (1) For SGB or ETF SIP investors — start or increase your SIP today; NFP is irrelevant to a long-term accumulation strategy; (2) For lump-sum physical purchases — either buy 50% today (capturing the potential 200-day SMA bounce) and 50% Saturday (post-NFP), or wait entirely until Saturday morning; (3) Do not make a full large lump-sum physical purchase right before 6 PM IST tomorrow. Always consult a SEBI-registered financial advisor.
If May NFP is weak (below 100K new jobs), it confirms the stagflation scenario — high US inflation (3.8% CPI) plus stalling job market. Gold would rally toward $4,509–$4,580 internationally. In India at ₹95.19/USD and 15% import duty, this translates to MCX gold rising approximately ₹1,500–₹2,500 per 10 grams by Saturday morning. India’s 24K retail would likely see quotes of ₹15,800–₹16,100/gram by next week. The more dramatic the NFP miss, the stronger the gold rally.
We’ll publish gold’s complete Non-Farm Payrolls impact analysis within 30 minutes of the 6 PM IST release on our WhatsApp Channel and Telegram. Plus daily gold & silver rates, Iran updates, import duty news & government scheme alerts every morning!