Gold, Silver Rates Today, October 16: Check Latest Rates Of Gold And Silver In Delhi, Mumbai, Bengaluru & More

(MENAFN- AsiaNet News)

Gold and silver prices extended their recovery for a second consecutive session on Friday, October 16, 2026, as a weaker US dollar supported demand for precious metals. The movement comes after recent losses in the bullion market, with investors tracking global economic developments and expectations surrounding US monetary policy.

In international markets, Comex gold gained 0.13% to trade at $4,175.70 per ounce during early trading. Comex silver rose 0.23% to $57.29 per ounce as of 00:33 GMT. The recovery followed the US dollar's retreat after touching an 18-month high, offering support to precious metals. In India, gold and silver prices also registered gains.

According to co data, 24-carat gold was quoted at Rs 1,47,810 per 10 grams, while 22-carat gold stood at Rs 1,35,493 per 10 grams in the early morning update. Silver was priced at Rs 2,11,290 per kilogram, while 925 sterling silver was quoted at Rs 1,95,443 per kilogram.

Gold and Silver City-Wise Rates - October 16, 2026

City	22K Gold (10g)	24K Gold (10g)	Silver 999 (1kg)
Delhi	Rs 1,35,007	Rs 1,47,280	Rs 2,10,540
Mumbai	Rs 1,35,245	Rs 1,47,540	Rs 2,10,900
Kolkata	Rs 1,35,062	Rs 1,47,340	Rs 2,10,620
Chennai	Rs 1,35,639	Rs 1,47,970	Rs 2,11,520
Bengaluru	Rs 1,35,355	Rs 1,47,660	Rs 2,11,070
Hyderabad	Rs 1,35,456	Rs 1,47,770	Rs 2,11,240

On October 15, December gold futures on the Multi Commodity Exchange (MCX) settled at Rs 1,47,489, gaining around 1.13%. December silver futures closed at Rs 2,10,660 per kilogram, registering a gain of approximately 1.1% during the session.

Gold and silver rates vary across cities because of local taxes, transportation costs and other pricing factors. The table below compares the latest available city-wise prices for consumers tracking bullion rates or planning purchases.

Jewellery buyers should remember that the final purchase cost can include making charges and applicable taxes over and above the quoted metal price. Checking with a local jeweller before purchasing can help confirm the applicable rate.

MENAFN15102026007385015968ID1111817731