Gold Price Today: Gold prices rebound; rates rise from Delhi to Chennai; check rates in 10 major cities..
Gold prices in the country have risen again, with rates increasing in most cities. On the morning of July 16, the price of 24-carat gold in the capital, Delhi, climbed to ₹1,43,730 per 10 grams. Rates in Mumbai and Kolkata reached ₹1,43,580 per 10 grams, while in Chennai, the price stood at ₹1,43,790 per 10 grams. In the international market, spot gold is trading at $4,029.66 per ounce. A day earlier, the price of 99.9% pure gold in Delhi's bullion market had remained steady at the Tuesday level of ₹1,46,300 per 10 grams.
Gold rates in major cities across the country:
Gold price in Delhi: The price of 24-carat gold in Delhi is ₹1,43,730 per 10 grams. The rate for 22-carat gold is ₹1,31,760 per 10 grams.
Mumbai and Kolkata: In Mumbai and Kolkata, the price of 22-carat gold is ₹1,31,610 per 10 grams, while the price of 24-carat gold is ₹1,43,580 per 10 grams.
Gold price in Chennai: The price of 24-carat gold is ₹1,43,790 per 10 grams. The rate for 22-carat gold is ₹1,31,810 per 10 grams.
Prices in Pune and Bengaluru: In both these cities, the price of 24-carat gold is ₹1,43,580 per 10 grams, and the price of 22-carat gold is ₹1,31,610 per 10 grams. City Today's Price for 22-Carat Gold (₹) Today's Price for 24-Carat Gold (₹)
Delhi 131,760 143,730
Mumbai 131,610 143,580
Ahmedabad 131,660 143,630
Chennai 131,810 143,790
Kolkata 131,610 143,580
Hyderabad 131,610 143,580
Jaipur 131,760 143,730
Bhopal 131,660 143,630
Lucknow 131,760 143,730
Chandigarh 131,760 143,730
HSBC has stated that the average price of gold could stand at $4,560 per ounce in 2026. It has projected the average gold price to be $4,925 per ounce in 2027. By the end of this year, the price could reach $4,750. By the end of next year, the price could rise to $5,025 per ounce.
Silver Price
Unlike gold, the price of silver—another precious metal—has declined. On the morning of July 16, silver is trading at ₹234,900 per kilogram. The domestic silver market is witnessing a slowdown due to reduced buying by jewelers and industries. In the international market, the price of spot silver stands at $58.26 per ounce. Domestic prices for gold and silver are influenced by both local and global factors.
Disclaimer: This content has been sourced and edited from Money Control. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.
