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Gold-Silver Prices Today: Check Whether Gold and Silver Became Costlier or Cheaper in Your City Today
Indiaemploymentnews | May 16, 2026 3:39 PM CST


Gold-Silver Prices Today: Following a sustained upward trend in gold and silver prices nationwide, a decline has now been observed. Gold and silver rates have declined today, driven by a strengthening dollar and profit-taking by investors.

Gold-Silver Prices Today: Amidst the ongoing conflict involving the US and Iran, and rising uncertainty in the global market, gold and silver prices continue to fluctuate. Despite an increase in import duties, a significant decline was recorded in the prices of both gold and silver on May 16. Due to a strengthening Dollar Index and profit-booking by investors, the prices of precious metals in the domestic market tumbled by up to 4 percent.

Decline in Gold and Silver on MCX

On the Multi Commodity Exchange (MCX), gold futures witnessed a decline of 1.52 percent—or ₹2,478. Consequently, gold hit an intraday low of ₹1,59,500. Meanwhile, silver experienced a sharp decline of 4.12 percent—or ₹12,000—bringing its price down to ₹2,79,102. Today's Gold Rates in Major Cities Across the Country

New Delhi

24 Carat - ₹15,805 per gram
22 Carat - ₹14,489 per gram
18 Carat - ₹11,857 per gram

Mumbai

24 Carat - ₹15,790
22 Carat - ₹14,474

Chennai

24 Carat - ₹16,107
22 Carat - ₹14,764

Kolkata

24 Carat - ₹15,790
22 Carat - ₹14,474

Bengaluru

24 Carat - ₹15,790
22 Carat - ₹14,474

Today's Silver Rates in India

The price of silver in the country currently stands at ₹289.80 per gram and ₹2,89,900 per kilogram.

City-wise Silver Prices

Delhi

10 grams - ₹2,899
100 grams - ₹28,990
1 kg - ₹2,89,900

Mumbai

10 grams - ₹2,899
100 grams - ₹28,990
1 kg - ₹2,89,900

Chennai

10 grams - ₹3,049
100 grams - ₹30,490
1 kg - ₹3,04,900

Hyderabad

10 grams - ₹3,049
100 grams - ₹30,490
1 kg - ₹3,04,900

Gold Imports Rise 82% in April

In the month of April, gold imports in India surged by 81.69 percent to reach $5.62 billion. Meanwhile, silver imports rose by 157.16 percent, reaching $411 million. In the financial year 2025-26, total gold imports surged by 24 percent to reach a record $71.98 billion, while in terms of volume, they declined by 4.76 percent to 721.03 tonnes. Silver imports rose by approximately 150 percent to $12 billion, while in terms of volume, they increased by 42 percent to 7,334.96 tonnes.


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