Gold & Silver Rates Today — 16 October 2026
| Date | Gold (24K) | Silver | ||
|---|---|---|---|---|
| Call & move | Result | Call & move | Result | |
| 16 Oct | Sidewaysawaiting tomorrow | Pending | Sidewaysawaiting tomorrow | Pending |
| 15 Oct | SidewaysRound-tripped +0.3% | ✓ Right | SidewaysBounced ~2.0% | ✗ Miss |
| 14 Oct | SidewaysFlat −0.2% | ✓ Right | SidewaysPlunged ~5.5% | ✗ Miss |
| 13 Oct | SidewaysEased ~0.3% | ✓ Right | SidewaysEased ~1.3% | ≈ Partly |
| 12 Oct | SidewaysEased ~1.0% | ≈ Partly | SidewaysFell ~1.7% | ✗ Miss |
| 08 Oct | SidewaysRose ~2.3% | ✗ Miss | SidewaysRose ~2.0% | ✗ Miss |
Good morning — here’s where gold and silver stand this morning, 16 October 2026.
In short (16 October 2026): 24K gold is around ₹1,49,230/10g and 22K around ₹1,36,790/10g; silver is about ₹2,34,900/kg. Gold and silver steadied this morning as the US dollar and bond yields eased after this week’s hot inflation data — a recovery bounce rather than a clean new trend, so the near-term read is broadly sideways. These are indicative India reference levels — AT Jewels' live counter rate is the billing price.
Today's rates at a glance
- 24K gold: around ₹1,49,230 per 10g (indicative)
- 22K gold: around ₹1,36,790 per 10g (indicative)
- Silver: about ₹2,34,900 per kg (indicative)
These are indicative India reference levels for guidance only. The only billing rate is AT Jewels' live counter / board rate — in store or on WhatsApp — at the moment of purchase.
What is moving the market this week
It has been a noisy week. A hotter-than-expected US inflation reading mid-week, followed by a strong wholesale-price (PPI) number, briefly pushed the dollar to multi-month highs and knocked both metals — silver especially took a sharp fall. But the dollar and US bond yields have since eased back, and a few Federal Reserve officials have signalled they are in no rush to raise rates again this month, which has helped gold and silver recover much of that dip.
So the picture right now is a market finding its feet after a jolt, rather than one setting off in a clear new direction. A softer dollar and the ever-present safe-haven demand are supporting prices; the risk of US rates staying higher for longer is the main thing keeping a lid on them.
The near-term view
For now this looks like a sideways, two-way market for both metals. Gold has clawed back its mid-week fall and is holding a broad range — think roughly the ₹1.47–1.51 lakh zone on 24K rather than a runaway move. Silver has bounced off its lows but remains the more jittery of the two, so expect bigger daily swings there.
If you are buying for a wedding or a festival, my usual advice holds: buy by your need and your date, and split a larger purchase into parts rather than trying to time a single “perfect” day. Chasing a green morning or waiting endlessly for a dip rarely pays off for a family buyer. This is a plain read of the market, not a trading tip.
Frequently asked
What is the gold rate today in India?
24K gold is around ₹1,49,230/10g and 22K around ₹1,36,790/10g today (indicative). Your final price depends on making charges, GST and AT Jewels' live counter rate at the time of billing.
What is the silver rate today?
Silver is about ₹2,34,900/kg today (indicative).
Will gold prices go up or down this week?
After this week’s swings, the near-term read is broadly sideways: a softer dollar and easing yields are helping prices recover, while the risk of higher-for-longer US rates caps the upside. Prices can move either way through the week, so no one can promise a direction.
— Nitin Bardia / AT Jewels
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Disclaimer: This note is general market commentary for information only and is not investment, trading or financial advice, nor a recommendation to buy or sell any commodity. Rates shown are indicative and can change through the day; the binding price for any transaction is AT Jewels' live counter rate at the time of purchase. Precious-metal prices can move against any view expressed here. Please make your own decision or consult a qualified adviser before any investment.