Gold Silver Rate Today April 16, 2026:

The price of gold and silver has increased today. Gold has become costlier by about Rs 800 on MCX while the price of silver has increased by Rs 4,000. Let’s find out every update on gold and silver prices here.

New Delhi:

Gold and silver prices rose today. In early trade on MCX, gold prices jumped by about Rs 800 while silver prices rose by Rs 3,000. Silver for May 5 delivery had closed at Rs 2,51,742 per kg in the previous session and opened at Rs 2,55,500 today. In early trade, it rose by Rs 3,993 to reach Rs 2,55,735.

At 10 am, it was trading at ₹2,54,731, up ₹2,989, or 1.19 percent. Similarly, gold for June 5 delivery had closed at Rs 1,53,948 per 10 grams in the previous session and opened at Rs 1,54,651 today. It rose by ₹861 in early trade to reach ₹1,54,809. At 10 am it was trading at Rs 1,54,623 with a gain of Rs 675.

Bullion Prices

Gold and silver prices have also risen in the bullion market. According to Good Returns, 24 carat gold is trading at Rs 1,55,570 with a rise of Rs 220. 22-carat gold has gained ₹200 and is trading at ₹1,42,600. 18-carat gold is trading higher by Rs 170 at Rs 1,16,680 per 10 grams. Silver is trading higher by Rs 1,000 at Rs 2,70,000 per kg.

Gold Rates in Major Cities (10 AM)

City 24K 22K 18K
Delhi ₹155720 ₹142750 ₹116830
Mumbai ₹155570 ₹142600 ₹116680
Kolkata ₹155570 ₹142600 ₹116680
Chennai ₹156230 ₹143100 ₹119410
Lucknow ₹155720 ₹142750 ₹116830
Kanpur ₹155720 ₹142750 ₹116830
Patna ₹155620 ₹142650 ₹116730
Jaipur ₹155720 ₹142750 ₹116830
Indore ₹155620 ₹142650 ₹116730
Bhopal ₹155620 ₹142650 ₹116730

Bullion Price in Delhi

Gold and silver prices rose in the bullion market of the national capital ahead of Akshaya Tritiya. This was driven by fresh buying by jewelers and stockists. By market close on Wednesday, silver had risen to ₹2.57 lakh per kg, while gold rose to ₹1.58 lakh per 10 grams.

Gold

Impact of Akshaya Tritiya

Fresh buying by jewellers and stockists ahead of Akshaya Tritiya supported gold and silver prices. Akshaya Tritiya is considered an auspicious day for buying precious metals. This year, Akshaya Tritiya falls on April 19. “Akshaya Tritiya is one of the most special times for the jewellery industry. It is driven by tradition and the value associated with gold,” said Chetan Thadeshwar, CMD of Shringar House of Mangalsutra Ltd.

He said, “While gold prices have seen fluctuations, consumer intent remains strong.” They are preferring jewellery that is lightweight, multi-purpose and has designs that suit the changing lifestyle.

Gold prices traded around $4,800 an ounce on Wednesday on renewed hopes that the US and Iran could reach a deal to end the fighting, said Saumil Gandhi, senior analyst (commodities) at HDFC Securities. “Expectations of easing tensions have eased concerns about an energy-related inflation shock. This has improved sentiment for precious metals,” Gandhi said.

Gold and silver prices in the international market

Precious metals saw a decline in international markets. Spot gold fell $45.88, or nearly 1 percent, to $4,795.97 per ounce. While silver fell 1.2 percent to $78.61 per ounce. Global prices of gold and silver rose on Tuesday after two days of decline.

Gold Rate Today (April 16, 2026): Gold prices moved higher on Thursday riding on the global situation as investors assessed a possible deal between the United States and Iran. Spot gold advanced 0.7% to $4,821.44 per ounce as of 0301 GMT. US gold futures for June delivery also edged up, gaining 0.4% to $4,844.40. Gold futures on the Multi Commodity Exchange (MCX) was trading in green as the price of 24-karat gold futures was up by Rs 700 or 0.45 per cent, to reach Rs 1,54,648 per 10 grams. According to Goodreturns, the retail price of 24-carat gold has gained to Rs 1,55,570 per 10 grams.

MCX gold June futures rose abut 0.50% to Rs 1,54,668 per 10 grams, while MCX silver May futures jumped by more than 1% to Rs 2,55,735 per kilogram in early deals.

With Akshaya Tritiya falling on Sunday, April 19, buyers are increasingly weighing their options rather than making impulse purchases. Silver prices rallied sharply in the national capital on Wednesday, jumping Rs 11,800 to Rs 2.57 lakh per kilogram, while gold climbed Rs 3,000 to Rs 1.58 lakh per 10 grams. The surge was fueled by renewed buying from jewelers and stockists ahead of Akshaya Tritiya.

US dollar dips, gold rises

The US Dollar hovered close to a six-week low, making dollar-priced commodities such as bullion more attractive for buyers using other currencies, while yields on benchmark 10-year US Treasurys slipped by 0.1%.

“The primary driver (for gains in gold) is the optimism about a US-Iran ceasefire,” said Kelvin Wong, a senior market analyst at OANDA. “If we begin to see a break above $4,900, further potential upside cannot be ruled out towards the next intermediate resistance zone, which is at the psychological level of $5,000.”

The administration of Donald Trump signaled on Wednesday that it was optimistic of securing an agreement to end the conflict with Iran, while also cautioning that economic pressure on Tehran would intensify if it continued to resist.

Trump added that he believes the conflict launched alongside Israel in late February is approaching its conclusion, even as a shipping blockade has taken effect and movement through the Strait of Hormuz remains significantly below usual levels.

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