The prices of Gold and silver were the centre of attraction for investors at 16th October 2026, as these prices have a lot of influence on investors. Prices of precious metals are influenced by changes in the US dollar, the world economy, interest rate expectations and geopolitics.

The price difference of gold is fixed on the basis of certain conditions and these include a condition of the market, Jeweler rate and many more. As per the calculations of the retail market, 24 carat gold costs ₹ 1,47,450 in Delhi for 10 grams, whereas 22 carat costs ₹ 1,35,163 for 10 grams in Delhi. Mumbai rates for 24 carat gold cost ₹ 1,47,590 and 22 carat costs ₹ 1,35,291 for 10 grams.

In Kolkata, the price of 24 carat gold is ₹1,47,400 for 10 grams and 22 carat gold is ₹1,35,117 for 10 grams. In Bengaluru, the price of 24 carat gold is ₹1,47,710 for 10 grams and 22 carat gold is ₹1,35,401 for 10 grams. In Chennai, the price of 24 carat gold is ₹1,48,020 for 10 grams and 22 carat gold is ₹1,35,685 for 10 grams.

Silver prices remained steady in the cities of India too. Silver price in Delhi was at ₹2,11,620 per kilogram, whereas in Mumbai, the silver price was ₹2,11,650 per kilogram. Silver price in Kolkata was ₹2,11,370 per kilogram. In Bengaluru, the silver price was ₹2,11,820 per kilogram, and the silver price in Chennai was ₹2,12,270 per kilogram. Silver price in Hyderabad was ₹2,11,990 per kilogram.

Price of the precious metals keeps on getting impacted by the trends that happen internationally in the bullion markets, currencies, and investors. Gold happens to be a safe haven asset during difficult periods of time, but the same applies to the silver price as well. Industrial demand for silver impacts its price.

One thing that needs to be kept in mind by the buyers is that the real price of the jewellery may be impacted by making and taxes.

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