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Gold and Silver Rates Today, February 16: In Mumbai, the price of 24-carat gold rises to Rs 1,56,500 per 10 grams, while 22k gold is available at Rs 1,43,400 per 10 grams.
Gold & Silver On February 16.
Gold and Silver Rates Today, February 16: Gold and silver prices in India fell on February 16 on muted demand in the spot market. On the MCX, the price of gold dropped 0.69% to trade at Rs 1,54,820 per 10 grams in the early trade on Monday, while silver fell 3.07% to Rs 2,36,851 per kg.
In the spot market, in Mumbai, the price of 24-carat gold rose to Rs 1,56,500 per 10 grams, while 22k gold was available at Rs 1,43,400 per 10 grams. These rates do not include GST and making charges.
Last month, gold touched its all-time high of over Rs 1,80,000, while silver prices hit a record Rs 4,20,000.
What Is The Price Of 22kt, 24kt Gold Rates Today In India Across Key Cities On February 16?
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | Rs 1,43,100 | Rs 1,56,000 |
| Jaipur | Rs 1,43,100 | Rs 1,56,000 |
| Ahmedabad | Rs 1,43,300 | Rs 1,56,000 |
| Pune | Rs 1,43,400 | Rs 1,56,500 |
| Mumbai | Rs 1,43,400 | Rs 1,56,500 |
| Hyderabad | Rs 1,43,400 | Rs 1,56,500 |
| Chennai | Rs 1,43,400 | Rs 1,56,500 |
| Bengaluru | Rs 1,43,400 | Rs 1,56,500 |
| Kolkata | Rs 1,43,400 | Rs 1,56,500 |
What Factors Affect Gold Prices In India?
International market rates, import duties, taxes, and fluctuations in exchange rates primarily influence gold prices in India. Together, these factors determine the daily gold rates across the country.
In India, gold is deeply cultural and financial. It is a preferred investment option and is key to celebrations, particularly weddings and festivals.
With constantly changing market conditions, investors and traders monitor fluctuations closely. Staying updated is crucial for effectively navigating dynamic trends.
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February 16, 2026, 09:48 IST
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