Gold Silver Price Today Live Updates: Gold and silver prices in India saw a slight drop today. The latest market data shows that the price of gold has decreased compared to yesterday. Silver prices have also fallen across several cities.
Gold Silver Price Today, March 16 Live Updates: Gold Price in India Today
The price of gold today is Rs 15,917 per gram for 24-carat gold (99.9% purity). For 22-carat gold (91.6% purity) the price is Rs 14,590 per gram, while 18-carat gold (75% purity) costs Rs 11,938 per gram.
Gold Silver Price Today, March 16 Live Updates: 24 Carat Gold Rate in India
| Gram | Today (Rs) | Yesterday (Rs) | Change |
|---|---|---|---|
| 1 | 15,917 | 15,966 | – 49 |
| 8 | 1,27,336 | 1,27,728 | – 392 |
| 10 | 1,59,170 | 1,59,660 | – 490 |
| 100 | 15,91,700 | 15,96,600 | – 4,900 |
Gold Silver Price Today, March 16 Live Updates: Gold Prices in Major Indian Cities (1 Gram)
| City | 24K Today (Rs) | 22K Today (Rs) | 18K Today (Rs) |
|---|---|---|---|
| Chennai | 16,048 | 14,710 | 12,400 |
| Mumbai | 15,917 | 14,590 | 11,938 |
| Delhi | 15,930 | 14,605 | 11,953 |
| Kolkata | 15,917 | 14,590 | 11,938 |
| Bangalore | 15,917 | 14,590 | 11,938 |
| Hyderabad | 15,917 | 14,590 | 11,938 |
| Kerala | 15,917 | 14,590 | 11,938 |
| Pune | 15,917 | 14,590 | 11,938 |
| Vadodara | 15,920 | 14,595 | 11,943 |
| Ahmedabad | 15,920 | 14,595 | 11,943 |
Gold Silver Price Today, March 16 Live Updates: Silver Price in Noida Today
Silver prices have also declined today. In Noida, silver is priced at Rs 270 per gram and Rs 2,70,000 per kilogram.
Gold Silver Price Today, March 16 Live Updates: Silver Price Per Gram/Kg in Noida
| Gram | Today (Rs) | Yesterday (Rs) | Change |
|---|---|---|---|
| 1 | 270 | 275 | – 5 |
| 8 | 2,160 | 2,200 | – 40 |
| 10 | 2,700 | 2,750 | – 50 |
| 100 | 27,000 | 27,500 | – 500 |
| 1000 | 2,70,000 | 2,75,000 | – 5,000 |
Gold Silver Price Today, March 16 Live Updates: Silver Prices in Major Indian Cities
| City | 10 Gram (Rs) | 100 Gram (Rs) | 1 Kg (Rs) |
|---|---|---|---|
| Chennai | 2,760 | 27,600 | 2,76,000 |
| Mumbai | 2,700 | 27,000 | 2,70,000 |
| Delhi | 2,700 | 27,000 | 2,70,000 |
| Kolkata | 2,700 | 27,000 | 2,70,000 |
| Bangalore | 2,700 | 27,000 | 2,70,000 |
| Hyderabad | 2,760 | 27,600 | 2,76,000 |
| Kerala | 2,760 | 27,600 | 2,76,000 |
| Pune | 2,700 | 27,000 | 2,70,000 |
| Vadodara | 2,700 | 27,000 | 2,70,000 |
| Ahmedabad | 2,700 | 27,000 | 2,70,000 |
Gold and silver prices in India saw a sharp decline on March 16 due to weak global signals. During the second half of Monday’s trading session, gold futures on the Multi Commodity Exchange of India (MCX) dropped nearly 2%, hovering around the ₹1.55 lakh per 10 grams level.
Silver prices also recorded heavy losses, falling more than 3% to slip below the ₹2.51 lakh per kg mark. The decline in precious metals came as global market sentiment turned bearish, putting pressure on bullion prices.
Gold and silver are currently moving in a “yield-driven” consolidation phase, according to Bhavik Bhagwanji Shah, Analyst – Metals & Mining at Choice Institutional Equities. He explained that rising US Treasury yields, with the 10-year yield hovering near 4.3%, are increasing the opportunity cost of holding non-yielding assets such as gold and silver. As a result, many investors are shifting their funds toward debt instruments that offer better returns.
At the same time, strength in the US Dollar Index (DXY)—currently trading around 104–105—has added further pressure on precious metals. The dollar’s strength is linked to the Federal Reserve maintaining a higher-for-longer interest rate outlook. A stronger dollar makes gold and silver more expensive for international buyers, which is limiting their near-term upside.
Gold and silver prices remained under pressure in evening trade on March 16, mirroring the weakness seen in global bullion markets. On the Multi Commodity Exchange of India (MCX), gold was trading at Rs 1,55,874 per 10 grams at around 17:45 IST, down Rs 2,592 from the previous close of Rs 1,58,466.
Silver also recorded a sharp decline, falling Rs 7,785 to Rs 2,51,650 per kilogram compared with Rs 2,59,435 in the previous session.
In the international market, gold futures on COMEX were trading at $5,003.70 per ounce, down 1.15%. Meanwhile, silver futures dropped 2.77% to $79.090 per ounce, indicating continued selling pressure across precious metals.
Gold prices remained stable on Monday after recovering from an earlier decline of nearly 1%. Support came from a weaker United States Dollar and easing U.S. Treasury yields, which helped lift bullion. Spot gold edged up by 0.2% to $5,027.98 per ounce, although the rise was limited due to fading expectations of near-term interest rate cuts in the United States and increasing oil prices.
22K gold today costs Rs 14,590 per gram. Prices in Mumbai, Delhi, and Bangalore remain steady. Traders note small daily fluctuations in city-wise gold rates.
24K gold rate fell by Rs 49 per gram yesterday. 1 kg now Rs 1,59,170, indicating a minor softening in the precious metal market.
Silver prices in Noida dropped today to Rs 270 per gram and Rs 2,70,000 per kg. Other major cities also see minor declines in daily rates.
Gold prices in India fell slightly today. 24K gold is Rs 15,917 per gram, 22K at Rs 14,590, and 18K at Rs 11,938. Market shows mild correction.
Investors are closely monitoring economic indicators and developments in the Middle East conflict, as both factors are expected to shape trends in gold, silver, energy prices, and global markets.
US consumer sentiment dropped to a three-month low as rising gasoline prices linked to geopolitical tensions added pressure on households and raised concerns about economic growth.
According to reports, an aide to Donald Trump suggested the conflict could last four to six weeks. Mixed signals from Washington and Tehran continue to create uncertainty in global markets.
Financial markets remain cautious as uncertainty continues over the duration of the Middle East conflict. Analysts say prolonged tensions could influence commodities, equities, and currency markets.
Expectations for interest-rate cuts by the Federal Reserve and other central banks have weakened as rising inflation risks and geopolitical tensions complicate the outlook for global monetary policy.
Crude oil prices surged after US strikes targeted Iran’s key oil-export hub. The spike in energy costs has intensified inflation worries, influencing investor sentiment in precious metal markets.
Spot gold touched an intraday low of USD 4,971.30 on Monday as traders responded to rising geopolitical tensions and shifting expectations about global monetary policy and interest-rate decisions.
Precious metal markets remained volatile as tensions in the Middle East entered the third week. Investors are closely tracking developments that could influence inflation, energy prices, and global economic stability.
Silver prices declined sharply on Monday as investors reacted to geopolitical uncertainty and rising energy costs. Spot silver fell 2.23% to $79.5 per ounce during early trading.
Gold prices slipped in early Asian trade Monday as escalating Middle East tensions weighed on investor sentiment. Spot gold dropped over 1%, briefly falling below $5,000 before recovering slightly.
Gold prices recorded a minor decline in today’s trading. The rate of 24-karat gold (99.9% purity) currently stands at Rs 15,965 per gram, slightly lower than yesterday’s rate. Meanwhile, 22-karat gold (91.6% purity) is priced at Rs 14,634 per gram, while 18-karat gold (75% purity) is available at Rs 11,973 per gram in the Indian market.
Despite the small drop, gold prices remain relatively stable as global cues and domestic demand continue to influence the bullion market.
Gold and silver prices in India witnessed a slight dip today, reflecting stable conditions in the domestic bullion market. The changes remain minimal compared to yesterday, suggesting limited fluctuations in precious metal prices.
