Gold and Silver Prices in India Today, 16 October 2026: Gold at ₹149,000, Silver at ₹213,680 as Both Rise
Gold and silver rates today in India, 16 October 2026. 24K gold rises 0.81% to ₹149,000 per 10g and silver gains 1.13% to ₹213,680 per kg as the dollar weakens. Check city-wise rates and MCX data below.
Gold and silver both rose today. 24K gold is at ₹149,000 per 10 grams, up ₹1,190 or 0.81% on the day. Silver 999 is at ₹213,680 per kg, up ₹2,390 or 1.13%.
Silver rose more than gold, up 1.13% against gold's 0.81%.
City-Wise Gold and Silver Rate Today in India, 16 October 2026
| City | 24K Gold (per 10g) | 22K Gold (per 10g) | Silver 999 (per kg) |
|---|---|---|---|
| Delhi | ₹149,000 | ₹136,583 | ₹213,680 |
| Mumbai | ₹149,000 | ₹136,583 | ₹213,680 |
| Kolkata | ₹149,000 | ₹136,583 | ₹213,680 |
| Chennai | ₹149,000 | ₹136,583 | ₹213,680 |
| Bangalore | ₹149,000 | ₹136,583 | ₹213,680 |
| Hyderabad | ₹149,000 | ₹136,583 | ₹213,680 |
| Pune | ₹149,000 | ₹136,583 | ₹213,680 |
| Ahmedabad | ₹149,000 | ₹136,583 | ₹213,680 |
| Surat | ₹149,000 | ₹136,583 | ₹213,680 |
| Jaipur | ₹149,000 | ₹136,583 | ₹213,680 |
Source: bullions.co.in, last updated 16 October 2026, 13:05 IST. National bullion rate shown for each city. Local jeweller prices vary with state taxes, logistics, making charges and GST.
Have Gold and Silver Prices Risen Today?
Yes, both rose on the day. Both are still lower than a week ago, silver by 5.49%.
| Period | 24K Gold (₹/10g) | Change | Silver 999 (₹/kg) | Change |
|---|---|---|---|---|
| 1 Day Ago (15 Oct) | 147,810 | 🟢▲ +0.81% | 211,290 | 🟢▲ +1.13% |
| 1 Week Ago (9 Oct) | 151,690 | 🔴▼ -1.77% | 226,100 | 🔴▼ -5.49% |
| 1 Month Ago (16 Sep) | 153,600 | 🔴▼ -2.99% | 235,140 | 🔴▼ -9.13% |
| 1 Year Ago (16 Oct 2025) | 130,230 | 🟢▲ +14.41% | 167,920 | 🟢▲ +27.25% |
Gold Price Today: What It Means for Buyers
22K gold, the purity used for most jewellery, is at ₹136,583 per 10g. One gram of 24K costs ₹14,900. One gram of 22K costs ₹13,658.
24K gold is 2.99% below its 16 September level of ₹153,600. It is down 1.77% on the week and up 14.41% over a year.
Silver Rate Today and Weekly Trend
Silver is down 5.49% on the week, about three times gold's weekly fall.
Silver is down 9.13% from ₹235,140 a month ago. Over a year it is up 27.25%.
MCX Gold and Silver Rate Today
MCX was still trading at the time of the snapshot. These are last-traded prices at 13:05 IST, not closing prices.
| Contract | Last Traded | Change | High | Low |
|---|---|---|---|---|
| MCX Gold (₹/10g) | 148,743 | 🟢▲ +1,254 (+0.85%) | 148,750 | 147,589 |
| MCX Silver (₹/kg) | 213,309 | 🟢▲ +2,649 (+1.26%) | 213,630 | 211,588 |
MCX gold is trading just below its session high of ₹148,750.
Key Factors Driving Prices This Week
- Weaker dollar: bullions.co.in linked today's gains to a weaker dollar and soft US Treasury yields.
- Comex gold up 0.93%: Gold is at $4,209.00 an ounce, trading between $4,167.50 and $4,210.00.
- Comex silver up 1.38%: Silver is at $57.95 an ounce, trading between $57.23 and $58.12.
- Weekly losses: domestic gold and silver are both below last Friday's levels.
Buying Tips
- Check the BIS hallmark and six-digit HUID on any jewellery you buy.
- Ask for making charges and GST as separate lines. They are added on top of the rates above.
- Prices are rising today but remain below last week's levels. Spreading purchases across a few sessions reduces timing risk.
FAQs
What is the gold rate in India today, 16 October 2026?
24K gold is ₹149,000 per 10 grams and 22K gold is ₹136,583 per 10 grams, according to bullions.co.in at 13:05 IST. That is 0.81% higher than yesterday.
What is the silver rate in India today, 16 October 2026?
Silver 999 is ₹213,680 per kg, up 1.13% on the day. It is still 5.49% lower than a week ago.
Why did gold and silver prices rise today?
Comex gold is up 0.93% and Comex silver is up 1.38%. bullions.co.in linked the gains to a weaker dollar and soft US Treasury yields.
