Gold and silver rates (April 6, 2023): Yellow metal trades in red, hovers near record high – Check out prices in Mumbai, Delhi and other cities
Gold and silver rates (April 6, 2023): Domestic gold prices hover near record high level of Rs 61,000. Here's what analysts suggest

Gold and silver rates (April 6, 2023): Domestic gold prices on Thursday declined after crossing the Rs 61,000 mark per 10 grams in the previous day’s trade.
On MCX, gold futures (June 5) was down by Rs 263 or 0.43 per cent to Rs 60,593 per 10 grams. Meanwhile, Silver futures (May 5) was down by Rs 242 or 0.32 per cent at Rs 74,313.
“Gold and silver have tested their highs in yesterday's trade and investors should buy on dips,” said Anuj Gupta, VP, IIFL Securities.
He added the dollar index can test 100 levels.
In the international market, spot gold declined 0.43 per cent to $2,011.40 per ounce.
What analysts recommend on gold?
Gupta recommends buying gold on dips around Rs 60,500 with a target of Rs 60,150 while keeping the stop loss at Rs 61,200.
Further, he suggested buying silver on dips at Rs 73,800 with a target of Rs 75,000 and a stop loss of Rs 73,000.
Here's an indicative list of spot gold prices in some of the major Indian cities:
City-wise gold price (22k) in India (April 6, 2023)
City | Gold prices for 22k |
Chennai | Rs 56,910 |
Mumbai | Rs 56,260 |
Delhi | Rs 56,410 |
Kolkata | Rs 56,260 |
Bangalore | Rs 56,310 |
Hyderabad | Rs 56,260 |
Kerala | Rs 56,260 |
Pune | Rs 56,260 |
Vadodara | Rs 56,310 |
Ahmedabad | Rs 56,310 |
Jaipur | Rs 56,410 |
Lucknow | Rs 56,410 |
Coimbatore | Rs 56,910 |
Madurai | Rs 56,910 |
Vijayawada | Rs 56,260 |
Patna | Rs 56,310 |
Nagpur | Rs 56,260 |
Chandigarh | Rs 56,410 |
Surat | Rs 56,310 |
Bhubaneswar | Rs 56,260 |
Mangalore | Rs 56,310 |
Visakhapatnam | Rs 56,260 |
Nashik | Rs 56,290 |
(Disclaimer: These are indicative prices collected from trusted sources. Investors are recommended to check prices with their jeweller before investing/purchasing.)
Catch latest stock market updates here. For all other news related to business, politics, tech, sports and auto, visit Zeebiz.com.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES

LIC Saral Pension Plan: How to get Rs 64,000 annual pension on Rs 10 lakh one-time investment in this annuity scheme that everyone is talking about

Gratuity Calculation: What will be your gratuity on Rs 45,000 last-drawn basic salary for 6 years & 9 months of service?

Rs 1,500 Monthly SIP for 20 Years vs Rs 15,000 Monthly SIP for 5 Years: Know which one can give you higher returns in long term

Income Tax Calculations: What will be your tax liability if your salary is Rs 8.25 lakh, Rs 14.50 lakh, Rs 20.75 lakh, or Rs 26.10 lakh? See calculations

8th Pay Commission Pension Calculations: Can basic pension be more than Rs 2.75 lakh in new Pay Commission? See how it may be possible

SBI Revamped Gold Deposit Scheme: Do you keep your gold in bank locker? You can also earn interest on it through this SBI scheme

Monthly Pension Calculations: Is your basic pension Rs 26,000, Rs 38,000, or Rs 47,000? Know what can be your total pension as per latest DR rates
09:50 AM IST