Bullion markets across India showed a steady trend on 4 May 2026. Gold prices witnessed minor variations across key cities during late morning trading hours, indicating stable demand conditions.
Silver prices, however, declined across all major cities, reflecting a softer trend in the bullion segment amid cautious market sentiment. These movements continue to be influenced by global cues and domestic demand factors.
Gold rates across major Indian cities showed limited variation, suggesting balanced demand conditions. Price differences are mainly due to local levies, logistics, and regional demand dynamics.
| City | 24 Carat Gold (Per 10 Gm in ₹) | 22 Carat Gold (Per 10 Gm in ₹) |
| Chennai | 151,080 | 138,490 |
| Mumbai | 150,640 | 138,087 |
| Kolkata | 150,440 | 137,903 |
| Delhi | 150,430 | 137,894 |
| Bangalore | 150,810 | 138,243 |
| Hyderabad | 150,930 | 138,353 |
Silver prices declined across all tracked cities, indicating a consistent downward trend in the bullion market.
| City | Silver Rate (₹/Kg) | Change |
| Chennai | 249,620 | -1,870 (-0.74%) |
| Mumbai | 248,900 | -1,860 (-0.74%) |
| Kolkata | 248,570 | -1,860 (-0.74%) |
| Delhi | 248,370 | -1,960 (-0.78%) |
| Bangalore | 248,990 | -1,970 (-0.78%) |
| Hyderabad | 249,190 | -1,970 (-0.78%) |
Gold prices remained stable across cities, indicating steady domestic demand with no sharp volatility. Minor price variations were largely driven by regional factors rather than significant shifts in buying trends.
Silver prices recorded a uniform decline across all major markets, reflecting subdued sentiment and possible correction in prices after recent movements.
On 4 May 2026, gold prices across major Indian cities remained steady with marginal variations. In contrast, silver prices declined across all regions, indicating a softer trend in the bullion market. Overall, the market reflects stability in gold and mild weakness in silver.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks. Read all related documents carefully before investing.
Published on: May 4, 2026, 11:14 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
Know MoreWe're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
EN