Gold Rates & Silver Rates Today (16-04-2026) Live: MCX Gold Nears Rs 1.55 Lakh, Silver Jumps By Rs 3,200

Gold rates and silver rates in India witnessed a healthy rally in the early trade of April 16, tracking the performance of positive global cues. MCX gold gained nearly 0.5% to trade near Rs 1,54,700 mark and MCX silver outperformed with over 1% upside to hold above Rs 2.54 lakh per 1Kg level. This comes after spot gold continued to trade between $4,800 to $4,850 and spot silver above $80 per ounce.

The precious metals are headed for 1-month high as investors assess the development for a second round of negotiations between US and Iran for a long-term peace. This could help ease the energy crisis and further cool off inflationary pressure.

Reports suggested Washington and Tehran are considering extending their two-week ceasefire to allow more time for talks, even as the Strait of Hormuz remains effectively closed under a dual blockade. Attention is now shifting to a possible second round of US-Iran discussions, expected to focus on reopening the strait and Iran's nuclear enrichment program. Precious metals have drawn support in recent weeks as diplomatic progress in the Middle East reduced concerns over inflation and possible central bank tightening. However, silver remains nearly 15% lower since the conflict began, as per Trading Economics.

On the other hand, crude oil prices also saw upside momentum. Brent crude is above $95 and US WTI crude is near $92 per barrel. However, US dollar was under pressure and traded around 98 mark, hovering near six-weeks low.

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Apr 16, 2026, 10:56 am IST

Silver Rates Today Live: Will MCX Silver Cross Rs 2.60 Lakh In Coming Days?

MCX Silver is currently hovering above ₹2,54,000, with safe-haven demand and strength in industrial metals providing underlying support despite elevated volatility. Resistance is placed at ₹2,60,000–₹2,63,000, with further upside toward ₹2,68,000–₹2,70,000. A sustained move above these levels could strengthen momentum and support further gains. On the downside, a break below ₹2,50,000 may lead to a corrective move toward the ₹2,44,000–₹2,40,000 range. Overall, the tone remains mildly positive, with macro factors offering support, though momentum is still developing and requires confirmation for a sustained uptrend: Ponmudi R, CEO of Enrich Money.

Apr 16, 2026, 10:55 am IST

Silver Rates Today Live: MCX Silver Outperforms Gold Today

MCX silver price outperformed gold in the early session of April 16. MCX silver with May 2026 expiry, surged by Rs 3,188 or 1.3% to trade at Rs 2,54,930 per 1Kg, which is near its intraday high of Rs 2,55,735 per 1Kg.

Apr 16, 2026, 10:54 am IST

Gold Rates Today Live: Will MCX Hit Rs 1.60 Lakh Mark By End Of This Week?

MCX Gold opened on a steady note and is trading within ₹1,54,500-₹1,55,000 range with emerging buying interest at lower levels, though momentum remains gradual and requires confirmation. A sustained move above ₹1,55,000 could revive momentum toward ₹1,57,000-₹1,58,000. On the downside, a break below ₹1,54,000 may lead to a corrective move toward ₹1,52,000-₹1,51,000 and further to ₹1,48,000. The bias remains cautiously positive, with macro factors offering some support; however, a decisive move above resistance levels is needed to strengthen momentum further: Ponmudi R, CEO of Enrich Money.

Apr 16, 2026, 10:54 am IST

Gold Rates Today Live: MCX Gold Jumps 1%

MCX gold price extended its upside to trade higher by nearly 1%. The bullion is racing to reclaim its Rs 1.55 lakh mark. At the time of writing, MCX gold price with June 2026 expiry, traded at Rs 1,54,906 per 10 grams, higher by Rs 958 or 0.62%.

Apr 16, 2026, 9:58 am IST

Gold Rates Today Live: Gold Prices Remain Cautious, Near Term Outlook Here

Markets remain cautious amid mixed signals from US–Iran talks, where optimism is balanced by the risk of failure, which could again push crude prices higher. This uncertainty is keeping volatility elevated in gold, with price action reacting to crude, dollar, and rupee movements. Overall momentum remains volatile, with gold expected to trade in a range of ₹151000–₹156000 in the near term, as per Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities.

Apr 16, 2026, 9:54 am IST

Silver Rates Today Live: Spot Silver Nears 1-Month High

Silver climbed above an ounce on Thursday, marching toward one-month highs as investors assessed the outlook for renewed negotiations and a potential long-term peace deal between the US and Iran that could help ease inflation pressures, as per Trading Economics. At the time of writing, spot silver traded up by 2% to around .5 per ounce.

Apr 16, 2026, 9:54 am IST

Gold Rates Today Live: Spot Gold Continues Climb

Gold climbed back above ,800 an ounce on Thursday, recovering from the prior session’s losses as investors assessed the outlook for renewed negotiations and a potential long-term peace deal between the US and Iran that could help ease inflation pressures, as per Trading Economics. At the time of writing, spot gold is up by nearly 1% to trade above ,827 per ounce.