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Gold Today Rate, 16 April: Check 18, 22 and 24 Carat Gold Prices Bengaluru, Chennai, Delhi And Other Cities

Gold Price Today: Gold prices saw an increase on Wednesday driven by fluctuating global markets and a marginal strengthening of the US dollar.The price of 24-carat gold increased by ₹99, with 10 grams now priced at ₹96,170. Silver witnessed an increase of ₹100, trading at ₹99,700 per kilogram.

The rate of 22-carat gold also increased by ₹10, with 10 grams selling for ₹88,150.

Gold Today Rate 16 April Check 18 22 and 24 Carat Gold Prices Bengaluru Chennai Delhi And Other Cities

The price of 10 grams of 24-carat gold is ₹96,170 in Mumbai, Kolkata, and Chennai. However, in Delhi, it is slightly higher at ₹95,320.

The price of 10 grams of 22-carat gold is the same at ₹88,150 across Mumbai, Kolkata, Bengaluru, Chennai, and Hyderabad.

Here's the table for city-wise gold prices:

Gold Price in India (Per 10 Grams) - April 16, 2025

City 22K Gold Price 24K Gold Price
Delhi ₹87,340 ₹95,320
Jaipur ₹87,340 ₹95,320
Ahmedabad ₹87,240 ₹95,220
Patna ₹87,240 ₹95,220
Mumbai ₹87,190 ₹95,170
Hyderabad ₹87,190 ₹95,170
Chennai ₹87,190 ₹95,170
Bengaluru ₹87,190 ₹95,170
Kolkata ₹87,190 ₹95,170

Silver Price In India Today (April 16, 2025)

₹99,700 per kilogram

These prices reflect the market rates as of 11:00 AM IST on April 16, and may experience slight changes later in the day due to fluctuations in international commodity markets and the USD-INR exchange rate.

The multi-commodity exchange (MCX) gold is projected to trade between ₹91,000 and ₹94,500 per 10 grams on Wednesday, April 16, 2025.

On April 15, an increase in gold demand was expected in northeastern India in light of the Bohag Bihu celebrations.

In market updates, MCX gold closed at ₹93,493 per 10 grams on April 15, marking a modest rise of ₹42 or 0.04%. The bullion was close to its all-time high of ₹93,940 per 10 grams.

Meanwhile, MCX silver finished at ₹94,795 per kilogram, showing a slight increase of ₹21 or 0.02%. However, silver was still far from its peak of ₹1,04,072 per kilogram, unlike gold.

What's Fueling Gold Price Rate in India?

Despite the elevated prices, gold demand continues to remain strong due to:

  • Purchases during Akshaya Tritiya and the wedding season
  • Growing retail interest in digital gold and gold ETFs
  • Anticipation of further price increases amid global economic uncertainty
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