Gold Rates In India Dearer By Rs 31,100 As Akshaya Tritiya Nears; 24K, 22K, 18K Gold Prices Today (16-04-2026)

Gold rates in India have gotten expensive by more than Rs 31,000 in 24 carat of 100 grams due to three consecutive days of rally. In 10 grams, gold price is up by Rs 3,100. On April 16, gold rates of the country followed the positive buying trend globally over hopes of a second round of negotiations between US and Iran that could calm inflationary pressure and energy crisis. Dollar is under pressure, which further supports gold. This comes ahead of Akshaya Tritiya, where gold and silver demand is strong. Coming to silver rates, this precious metal prices are unchanged on Thursday.

Gold Rates In India:

24 carat gold price stood at 1,55,570 per 10 grams, higher by Rs 220 on April 16th. Meanwhile, 100 grams gold in 24 carat rose by Rs 2,200 to Rs 15,55,700 and 8 grams gold is up by Rs 176 to Rs 1,24,456. Also, 1 gram gold edged higher by Rs 22 to Rs 15,557.

The 24 carat gold price has continued its upside for third consecutive day now. Earlier, 100 grams gold price was up by Rs 14,200 on April 15th and higher by Rs 14,700 on April 14th. Following this, gold has rallied by Rs 31,100 in 100 grams and up by Rs 3,110 in 10 grams of 24 carat from April 14 to April 16.

Meanwhile, on April 16, 22 carat gold rose by Rs 200 to Rs 1,42,600 per 10 grams, while 100 grams gold rate skyrocketed by Rs 2,000 to Rs 14,26,000. Additionally, 8 grams gold price surged by Rs 160 to Rs 1,14,080 and 1 gram gold is up by Rs 20 to Rs 14,260.

Furthermore, 18 carat gold rates zoomed by Rs 170 to Rs 1,16,680 per 10 grams, and 100 grams gold jumped by Rs 1,700 to Rs 11,66,800. Moreover, 8 grams gold is higher by Rs 136 to Rs 93,344 and 1 gram gold is up by Rs 17 to Rs 11,688.

Silver Rates In India:

On the other hand, silver rates in India are unchanged. 1Kg silver price stood at Rs 2.70 lakh, while 100 grams and 10 grams silver is priced at Rs 27,000 and Rs 2,700. Additionally, 8 grams silver is available at Rs 2,160 and 1 gram silver is at Rs 270.

What Is Impacting Gold & Silver Prices Today?

As per Gaurav Garg, research analyst at Lemonn markets desk, gold and silver prices witnessed a notable uptick today, driven by a weaker dollar and geopolitical tensions surrounding the ongoing Iran conflict, which has raised concerns over supply disruptions.

Internationally, gold is trading at $4857.90 per ounce, reflecting a 1.21% increase, while in India, it is priced at approximately Rs1,45,697 per 10 grams. Silver also saw a significant rise, priced at $80.84 per ounce globally, translating to about Rs2,42,454 per kilogram domestically, marking a 1.70% gain. Crude oil prices have been stable, with WTI crude at $91.65 per barrel or around Rs8,550 per barrel, up 0.39%.

Gold Rates Outlook Ahead:

According to ateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities, gold traded slightly positive near Rs154200-Rs154350, holding gains after the recent rally, but some profit booking has emerged at higher levels, keeping upside limited. COMEX gold is hovering around $4800-$4810, with a key resistance zone placed near $4850, which is acting as a near-term cap on prices. Support from US-Iran de-escalation hopes and softer crude prices is aiding sentiment, but uncertainty over the outcome of talks is preventing a sustained breakout.

As a result, gold continues to trade with a volatile bias, reacting sharply to crude, dollar, and geopolitical updates. In the near term, gold is expected to remain range-bound between Rs152500-Rs156000.

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