Gold-Silver Rate Today: Gold shines before Akshaya Tritiya, price crosses Rs 1.54 lakh, silver also jumps a long way

Gold-Silver Price Today 16 April 2026: A rise in the prices of gold and silver has been seen today i.e. on 16th April. On the Multi Commodity Exchange (MCX) in the morning, gold rose by Rs 791 to Rs 154,739 per 10 grams, while silver gained Rs 3,557 and was trading at Rs 255,299 per kg. The prices of both are showing strength in the international market also.

In the global market, gold is trading at $ 4,844 an ounce with a gain of 0.43%, while silver has increased by 1.03% to reach $ 80.55 an ounce. In the domestic bullion market also, difference has been seen in the price of gold in different cities.

Gold price in major cities

In Delhi, 24 carat gold reached Rs 1,55,510 per 10 grams, while in Mumbai it stood at Rs 1,55,360. A day before this, gold in Delhi had jumped by about Rs 3,000 to reach Rs 1,58,000 per 10 grams. In Chennai, the price of gold was recorded at Rs 1,56,230 per 10 grams, while in Bhopal it was Rs 1,42,460 and in Chandigarh and Lucknow it was around Rs 1,42,560 per 10 grams.

There has also been a rise in the prices of silver. On the morning of April 16, silver reached Rs 2,70,100 per kg in the bullion market, whereas a day earlier in Delhi it was around Rs 2,57,000 per kg. That means a rise of about 4-5% was recorded in silver in a single day.

Reason for rise in gold and silver prices

There are many global reasons behind this surge in prices. Geopolitical tensions, uncertainty regarding crude oil prices and interest rates are the main reasons. Investors are keeping an eye on all these signals because they directly affect the demand for gold and silver.

Also read- Share Market: Sensex jumped by 566 points, Nifty crossed 24,385, 49 shares in the green.

Apart from this, US President Donald Trump’s statements regarding Iran war and the ongoing uncertain situation in the Strait of Hormuz have also increased the volatility in the market. At the same time, the possible interest rate policy of the Federal Reserve is also influencing the attitude of investors.