Gold and Silver Prices in India Today, 16 July 2026: 24K Gold Rate at ₹1,42,110, Silver Price at ₹2,19,300 as Both Metals Slip Mildly
Gold and Silver rate today in India, 16 July 2026: 24K gold slipped 0.26% to ₹1,42,110 per 10g and silver fell 0.82% to ₹2,19,300 per kg as both metals dipped mildly with no fresh trigger. Check city wise gold and silver rate today and MCX data.
Gold and silver prices dipped slightly in India today. As of 5:25 PM IST, 24K gold is at ₹1,42,110 per 10 grams, down 0.26% from yesterday's ₹1,42,480. Silver 999 Fine is at ₹2,19,300 per kg, down 0.82% from ₹2,21,120. MCX gold is down 0.22%, and MCX silver is down 0.76%. Comex gold fell 0.26% to $4,041.40 per ounce and Comex silver dropped 0.88% to $56.93 per ounce. Today's falls are small. Markets remain in a cautious, wait-and-watch mode with no fresh trigger to push prices sharply in either direction.
City Wise Gold and Silver Rate Today in India, 16 July 2026
| City | 22K Gold (per 10g) | 24K Gold (per 10g) | Silver (per kg) |
|---|---|---|---|
| Delhi | ₹1,30,268 | ₹1,42,110 | ₹2,19,300 |
| Mumbai | ₹1,30,118 | ₹1,41,950 | ₹2,19,300 |
| Chennai | ₹1,31,698 | ₹1,43,630 | ₹2,19,300 |
| Hyderabad | ₹1,30,118 | ₹1,41,950 | ₹2,19,300 |
| Bengaluru | ₹1,30,118 | ₹1,41,950 | ₹2,19,300 |
| Kolkata | ₹1,30,118 | ₹1,41,950 | ₹2,19,300 |
| Pune | ₹1,30,118 | ₹1,41,950 | ₹2,19,300 |
| Ahmedabad | ₹1,30,568 | ₹1,42,450 | ₹2,19,300 |
| Lucknow | ₹1,30,268 | ₹1,42,110 | ₹2,19,300 |
| Jaipur | ₹1,30,268 | ₹1,42,110 | ₹2,19,300 |
Rates are indicative bullion prices for 16 July 2026. Jewellery prices add making charges and GST. Chennai typically carries a premium over other cities.
Muskaan Kapoor
Gold Price Today: What Changed
Gold fell just 0.26% today to ₹1,42,110 per 10 grams. This is the fifth consecutive day of mild weakness. MCX gold dropped ₹317 or 0.22% to ₹1,41,533 per 10 grams. The session high was ₹1,41,650, and the low was ₹1,41,000. Comex gold fell 0.26% to $4,041.40 per ounce, with a high of $4,071.90 and a low of $4,026.20.
Gold is down 2.58% from a week ago and 7.36% from a month ago. Despite this week's weakness, gold has been broadly holding between ₹1,41,000 and ₹1,43,000 since Monday. This narrow range suggests the market is pausing rather than collapsing. Year on year, gold is up 44.70% from ₹98,210.
| Period | 24K Gold Rate (per 10g) | Change |
|---|---|---|
| Today (16 July 2026) | ₹1,42,110 | — |
| Yesterday (15 July 2026) | ₹1,42,480 | 🔴▼ Down 0.26% |
| One Week Ago (9 July 2026) | ₹1,45,870 | 🔴▼ Down 2.58% |
| One Month Ago (16 June 2026) | ₹1,53,400 | 🔴▼ Down 7.36% |
| One Year Ago (16 July 2025) | ₹98,210 | 🟢▲ Up 44.70% |
Silver Rate Today: What Changed
Silver fell 0.82% today to ₹2,19,300 per kg. MCX silver dropped ₹1,686 or 0.76% to ₹2,18,934 per kg. The session high was ₹2,20,133 and the low was ₹2,18,219. Comex silver fell 0.88% to $56.93 per ounce, touching a low of $56.69. This is one of the lower Comex silver levels seen in recent weeks.
Silver is down 3.27% from a week ago and a steep 12.84% from a month ago. The monthly fall in silver is larger than gold's, which reflects silver's higher volatility. Despite this, silver is still up 96.08% from a year ago, nearly doubling in price over twelve months.
| Period | Silver 999 Rate (per kg) | Change |
|---|---|---|
| Today (16 July 2026) | ₹2,19,300 | — |
| Yesterday (15 July 2026) | ₹2,21,120 | 🔴▼ Down 0.82% |
| One Week Ago (9 July 2026) | ₹2,26,720 | 🔴▼ Down 3.27% |
| One Month Ago (16 June 2026) | ₹2,51,600 | 🔴▼ Down 12.84% |
| One Year Ago (16 July 2025) | ₹1,11,840 | 🟢▲ Up 96.08% |
MCX Gold and Silver Rate Today
| Metal | MCX Price | Change | High | Low |
|---|---|---|---|---|
| Gold (per 10g) | ₹1,41,533 | 🔴▼ Down ₹317 (−0.22%) | ₹1,41,650 | ₹1,41,000 |
| Silver (per kg) | ₹2,18,934 | 🔴▼ Down ₹1,686 (−0.76%) | ₹2,20,133 | ₹2,18,219 |
Source: Bullions.co.in. Last updated 16 Jul 2026, 17:25 IST.
Gold on MCX is holding just above ₹1,41,000 today, which has acted as a support level through most of this week. Silver is falling a bit faster but remains above its session low of ₹2,18,219. Comex silver at $56.93 is notably weaker than gold on a percentage basis today. If Comex silver falls further toward $56, it could put fresh pressure on domestic silver prices tomorrow.
Why Gold and Silver Prices Fell Today
- Mild Global Weakness Continues: Comex gold and silver both fell today, pulling Indian prices lower. There is no single big trigger. Markets are simply staying cautious ahead of fresh US economic data and Fed signals.
- Comex Silver at Multi-Week Low: Comex silver fell to $56.69 at its intraday low today, one of its weakest levels in recent weeks. This reflects ongoing pressure from a firm dollar and rate hike concerns.
- Fed Rate Outlook Unchanged: The US Federal Reserve's hawkish stance continues to be the main drag on both metals. Until there is a clear signal that the Fed is done raising rates, gold and silver will face persistent pressure.
- Gold Holding a Narrow Range: Gold has been trading between ₹1,41,000 and ₹1,43,000 all week. This is a sign of stability but not a recovery. Markets are waiting for a fresh catalyst.
FAQs
What is the gold rate today in India on 16 July 2026?
24K gold is at ₹1,42,110 per 10 grams today, down 0.26% from yesterday's ₹1,42,480. 22K gold is at ₹1,30,268 per 10 grams. These are indicative bullion rates as of 5:25 PM IST. Jewellery prices at local shops will be higher due to making charges and GST.
What is the silver rate today in India on 16 July 2026?
Silver 999 Fine is at ₹2,19,300 per kg today, down 0.82% from yesterday's ₹2,21,120. MCX silver is at ₹2,18,934 per kg as of 5:25 PM IST.
Will gold prices recover soon?
Gold has been holding between ₹1,41,000 and ₹1,43,000 this week, which suggests some stability is forming. The main pressure comes from the US Fed's rate outlook. Any signal that the Fed may pause or cut rates could trigger a quick recovery in gold and silver prices. For now, buying in small parts over a few sessions is the safest approach.
