Gold-Silver Price Today: Heavy fall in the prices of gold and silver, gold became so cheap from its all-time high.
News India Live, Digital Desk: There is relief news for those investing in the bullion market and those purchasing for weddings. Gold prices, which had recently hit record levels, have seen a decline of ₹1,000 to ₹1,500 per 10 grams today. At the same time, silver has also come to the level of ₹ 2.70 lakh. Today’s Gold Rate (Gold Rate Today – 16 March 2026) Today the average price of 24 carat gold remains around ₹ 1,59,000. City 24K Gold (per 10g) 22K Gold (per 10g) Daily Change Lucknow ₹ 1,59,800₹ 1,46,500↓ Silver Prices Fall (Silver Price Today) The biggest fall in silver prices has been seen today. Due to decrease in industrial demand and international pressure, silver has become cheaper by ₹ 5,000 per kg today. Silver price in Lucknow and Delhi: ₹ 2,70,000 per kg. Silver price in Chennai and Hyderabad: ₹ 2,76,000 per kg. Main reason for the fall: Selling pressure on Multi Commodity Exchange (MCX). 3 big reasons for falling prices (Why Prices are Falling?) Strong Dollar: Demand for gold has decreased due to the strengthening of the US dollar in the global market. Profit Booking: Investors have started booking their profits at higher levels, due to which the supply in the market has increased. US Federal Reserve: Uncertainties regarding cut in interest rates have also put pressure on the prices of precious metals.
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