Gold Rate 03 June 2025: Tremendous rise in gold, price increased by more than 2300 rupees in a few hours
Gold Rate 3 June 2025: The sluggishness in gold prices for the last few days has been broken. Gold prices have increased by more than Rs 2300 in just a few hours. This rise in gold prices has surprised investors as well. This increase in gold prices can trouble common customers. Let's find out how much the price of gold has increased.
News (Gold Rate) Gold prices were falling since April 23. Even if there was a rise, it was mild. But on June 2, gold prices have increased to the level that people have become accustomed to seeing in 2025. Gold prices have increased so much that people are also saying that the sluggishness of gold has broken.
Gold prices in the international market
However, during this period, silver (Silver Latest Price) fell by Rs 967, after which its price came down to Rs 96,859 per kg, whereas yesterday it had closed at Rs 97,826.
Due to fluctuations, gold prices (Sone Ke Bhav) saw a rise on Thursday. Along with this, let us tell you that gold rose 0.8 percent to $3,315.73 per ounce, while US gold futures closed at $3,343.90 with an increase of 0.6 percent.
There was a drop in prices last week
Even though gold prices have risen in the international market, the domestic futures market witnessed a decline last Friday. Gold fell by more than Rs 600 on MCX.
Along with this, silver fell by Rs 1,000. The price of gold on MCX fell by Rs 614 to trade at Rs 94,775 per 10 grams. It had closed at Rs 95,389 on the previous day.
Why did the prices increase
There has been a stable environment in the prices of gold for some time now. The prices of gold were trading around a limited figure. The reason for this was the softening of the trade war. But, such a statement has come from the US President Donald Trump on the tariff on steel, which has again created a stir in the market.
Due to this, investors in the market have turned to gold considering it safe. Also, the war between Russia and Ukraine is also progressing, which is also causing instability in the market and the price of gold is rising due to the increased demand for gold.
What are the current gold prices
From the beginning to the end of May, the price of gold has been declining. But now gold has once again taken a big leap. On the second day of the month, on June 2, gold on MCX (MCX Gold Rate) became costlier by Rs 2356 i.e. about 2.5 percent till 8.30 pm.
Gold has now reached a high level of Rs 97,000 (Gold Price Today) per 10 grams. However, some time ago gold was being sold above Rs 99,300.