Gold Price Today in India (October 16): This morning, prices of 24K gold came down to ₹14,744 per gram. On the MCX side, gold futures climbed 0.50% to ₹1,48,220 per 10 grams, whereas silver increased 1.05% to ₹2,12,875 per kilogram. It coincides with a global dip in bullion.
Gold Price Today in India (October 16): 18K, 22K, 24K
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24K Gold (99.99% purity): ₹14,744 per gram | ₹147,440 per gram
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22K Gold (91.6% purity): ₹13,515 per gram | ₹135,150 per gram
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18K Gold (75% purity): ₹11,058 per gram | ₹110,580 per gram
Gold Price Today in India (October 16): Domestic Gold Prices
On October 16, gold prices in India stayed slightly lower, after domestic retail rates had fallen for four straight days. Currently 24K gold is priced at ₹14,743 per gram, whereas 22K gold is priced at ₹13,514 per gram.
Domestic prices have likewise mirrored the recent pullback in global bullion markets. Investors keep watching US Treasury yields, dollar fluctuations, inflation expectations and geopolitical events for new signals. Many worry that a more hawkish stance from the Fed might drive bond yields up and put pressure on non-yielding bullion.
Gold Price Today in India (October 16): City Wise Gold Prices Today (Per 10 Grams)
City wise gold prices show small differences across major markets:
Delhi Gold Rate Today (October 16)
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24K gold: ₹14,759 per gram; ₹1,47,590 per 10 grams.
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22K gold: ₹13,530 per gram; ₹1,35,300 per 10 grams.
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18K gold: ₹11,073 per gram; ₹1,10,730 per 10 grams.
Mumbai Gold Rate Today (October 16)
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24K gold: ₹14,744 per gram | ₹1,47,440 per 10 grams
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22K gold: ₹13,515 per gram | ₹1,35,150 per 10 grams
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18K gold: ₹11,058 per gram | ₹1,10,580 per 10 grams
Chennai Gold Rate Today (October 16)
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24K gold: ₹14,744 per gram | ₹1,47,440 per 10 grams
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22K gold: ₹13,515 per gram | ₹1,35,150 per 10 grams
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18K gold: ₹11,115 per gram | ₹1,11,150 per 10 grams
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