Gold Prices Remain Stable Across India
The domestic bullion market showed limited movement on June 16 as gold prices maintained their previous day’s levels.
The price of 24-carat gold remained at ₹1,52,930 per 10 grams, while 22-carat gold continued to trade around ₹1,40,185 per 10 grams. Similarly, 18-carat gold prices stayed stable at approximately ₹1,14,697 per 10 grams.
The lack of major movement indicates a period of consolidation in the gold market following recent fluctuations driven by international economic developments and currency movements.
Latest Gold Rates by Purity
Gold prices across different purity levels remained unchanged during the session.
| Purity | Price per Gram | Price per 10 Grams |
|---|---|---|
| 24 Carat | ₹15,293 | ₹1,52,930 |
| 22 Carat | ₹14,018.58 | ₹1,40,185.80 |
| 18 Carat | ₹11,469.75 | ₹1,14,697.50 |
The stability in pricing suggests balanced demand and supply conditions in the domestic bullion market.
Gold Rates in Major Indian Cities
Gold prices showed only minor variations across metropolitan markets.
Chennai
- 24 Carat: ₹1,53,380
- 22 Carat: ₹1,40,598
- 18 Carat: ₹1,15,035
Hyderabad
- 24 Carat: ₹1,53,170
- 22 Carat: ₹1,40,406
- 18 Carat: ₹1,14,878
Bengaluru
- 24 Carat: ₹1,53,050
- 22 Carat: ₹1,40,296
- 18 Carat: ₹1,14,788
Mumbai
- 24 Carat: ₹1,52,930
- 22 Carat: ₹1,40,186
- 18 Carat: ₹1,14,698
Delhi
- 24 Carat: ₹1,52,670
- 22 Carat: ₹1,39,948
- 18 Carat: ₹1,14,503
Kolkata
- 24 Carat: ₹1,52,730
- 22 Carat: ₹1,40,003
- 18 Carat: ₹1,14,548
Among the major cities, Chennai continued to report the highest gold prices, while Delhi remained comparatively lower.
Silver Prices Witness Moderate Decline
Unlike gold, silver prices moved lower during the session.
The metal declined by approximately 0.59%, with prices falling by ₹1.50 per gram compared to the previous day.
The decline follows recent volatility in global precious metal markets and profit-booking after a strong rally in silver prices over recent months.
Latest Silver Prices in India
| Quantity | Current Price | Change |
|---|---|---|
| 1 Gram | ₹250.63 | -₹1.50 |
| 10 Grams | ₹2,506.30 | -₹15 |
| 100 Grams | ₹25,063 | -₹150 |
The correction remains relatively modest and has not significantly altered the broader trend in silver prices.
Silver Rates Across Key Cities
Silver prices remained largely aligned across major cities.
Mumbai
- 10 Grams: ₹2,506.30
- 100 Grams: ₹25,063
- 1 Kilogram: ₹2,50,630
Bengaluru
- 10 Grams: ₹2,508.20
- 100 Grams: ₹25,082
- 1 Kilogram: ₹2,50,820
Ahmedabad
- 10 Grams: ₹2,509.60
- 100 Grams: ₹25,096
- 1 Kilogram: ₹2,50,960
Agartala
- 10 Grams: ₹2,516.90
- 100 Grams: ₹25,169
- 1 Kilogram: ₹2,51,690
Minor regional differences continue to arise due to local taxes, transportation costs, and dealer premiums.
Precious Metals Market Remains in Focus
Gold and silver continue to attract attention amid changing global economic conditions.
Factors influencing precious metal prices include:
- International bullion market trends
- US dollar movements
- Central bank policies
- Inflation expectations
- Geopolitical developments
- Interest rate outlook
While gold remained steady during the session, silver experienced mild profit-booking after recent gains.
Conclusion
Gold prices remained stable across major Indian cities on June 16, 2026, with no significant changes recorded across 24-carat, 22-carat, and 18-carat categories. Silver, however, registered a modest decline of nearly 0.6%, reflecting some cooling in the domestic market. Precious metal prices continue to be closely watched as global economic developments, currency trends, and monetary policy expectations influence market sentiment.
Summary
Gold prices remained largely unchanged across India on June 16, 2026, with rates for 24-carat, 22-carat, and 18-carat gold holding steady compared to the previous trading session. Meanwhile, silver prices witnessed a modest decline of nearly 0.6%, reflecting some softness in the domestic precious metals market. Major cities including Delhi, Mumbai, Chennai, Bengaluru, Hyderabad, and Kolkata reported stable gold rates, while silver prices moved lower across key markets.
Disclaimer:
This article is intended solely for educational and informational purposes. The securities or companies mentioned are provided as examples and should not be considered as recommendations. Nothing contained herein constitutes personal financial advice or investment recommendations. Readers are advised to conduct their own research and consult a qualified financial advisor before making any investment decisions.
Investments in securities markets are subject to market risks. Please read all related documents carefully before investing.
