Gold and Silver Prices in Kashmir Today – May 4, 2026

RK Online Desk
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04 May 2026

Srinagar, May 4 : Gold and silver prices in Kashmir remained largely stable today, reflecting steady trends in both domestic and global bullion markets. Buyers, investors, and jewellers across the Valley are closely tracking these rates as precious metals continue to play a key role in both investment and traditional purchases.

Today’s Gold Rates in Kashmir

As per the latest market data, gold prices in Kashmir (including Srinagar) are:

22 Carat Gold: ₹13,935 per gram
24 Carat Gold: ₹14,632 per gram

For bulk buyers:

22K Gold (10 grams): ₹1,39,350
24K Gold (10 grams): ₹1,46,320

In Srinagar’s retail market, similar trends are observed, with 24K gold hovering around ₹1.51 lakh per 10 grams and 22K near ₹1.38 lakh, showing minimal day-to-day fluctuation.

👉 Overall, gold prices have shown no major change today, indicating short-term stability.

Today’s Silver Rates in Kashmir

Silver prices in Jammu & Kashmir today are:

Silver (1 gram): ₹270
Silver (1 kg): ₹2,70,000

Prices remain unchanged compared to yesterday, suggesting a steady demand-supply balance in the local market.

Market Trend: Stable but Sensitive

Recent reports indicate that gold prices across India have remained largely steady today, with slight fluctuations driven by global economic indicators and investor sentiment.

At the same time:

Earlier this week, gold saw minor declines, making it attractive for buyers.
Silver has experienced sharp volatility in recent days, though it is currently stable.

What Influences Gold & Silver Prices in Kashmir?

Gold and silver prices in Kashmir depend on several key factors:

1. Global Market Trends

International bullion prices and geopolitical developments directly impact local rates.

2. USD–INR Exchange Rate

A stronger dollar usually makes gold more expensive in India.

3. Local Demand

Festive seasons, weddings, and tourism in Kashmir increase demand, pushing prices up.

4. Import Costs & Taxes

Since Kashmir depends entirely on imported gold and silver, logistics and taxation affect final prices.

Should You Buy Gold or Silver Now?

With prices stable:

Good time for jewellery buyers looking for short-term purchases
Investors may wait for clearer global signals before large investments
Silver remains a more affordable entry option for small investors

Conclusion

Gold and silver prices in Kashmir on May 4, 2026, show a stable trend, with 22K gold at ₹13,935/gram and silver at ₹270/gram. While the market is calm today, recent fluctuations highlight the importance of tracking global and domestic cues before making investment decisions.