Silver Becomes ₹7,600 Cheaper; Gold Prices Also Witness a Major Drop—Check the Latest Rates Right Now!
Gold Silver Price Today: A decline in gold prices was observed on Monday. This trend is attributed to diminishing prospects of an interest rate cut in the US, driven by rising energy costs and concerns regarding inflation. According to the India Bullion and Jewelers Association (IBJA), gold of 999 purity is trading at a rate of ₹1,56,436 per 10 grams today, Monday.
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Previously, on Friday, this rate stood at ₹1,58,399; consequently, gold prices have witnessed a decline of ₹1,963 today. Regarding gold of 995 purity, the price has reached ₹1,55,810 per 10 grams today—marking a drop of ₹1,955. On Friday, its price was ₹1,57,765.
Gold Rates of Various Purities
Today, gold of 916 purity (22-carat) is being sold at a rate of ₹1,43,295 per 10 grams. On Friday, the rate was ₹1,45,093, indicating a decrease of ₹1,798. Meanwhile, according to data from bullions.co.in, 24-carat gold prices have witnessed a significant drop of ₹1,900 today, bringing the rate down to ₹1,57,180 per 10 grams.
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Latest Silver Rates
According to the IBJA, the price of one kilogram of silver today is ₹2,52,793. Last Friday, silver was trading at a rate of ₹2,60,488 per kilogram. This implies a substantial decline of ₹7,695 in silver prices today. Conversely, according to bullions.co.in, silver is trading at a rate of ₹2,54,130 per kilogram, recording a decrease of ₹5,580. The IBJA releases gold and silver rates twice daily. Gold Prices by City
In India, gold is typically sold in purities of 24-carat, 22-carat, and 18-carat. 24-carat gold is considered the purest form, while 22-carat gold is more widely used for crafting jewelry. On March 16, 2026, slight variations in gold prices were observed across major cities in the country.
- Delhi: 24-carat gold at ₹1,56,740 per 10 grams.
- Mumbai: 24-carat gold at ₹1,57,090 per 10 grams.
- Kolkata: 24-carat gold at ₹1,56,810 per 10 grams.
- Chennai: 24-carat gold at ₹1,57,470 per 10 grams.
