Gold, silver prices in India today (June 16): City-wise rates for Delhi, Mumbai, Chennai and more

Gold and silver prices in India recorded modest changes on Tuesday, 16 June 2026, as traders monitored global economic developments and geopolitical uncertainties.

Market analysts said precious metals continued to draw support from movements in the US dollar and concerns over the situation in West Asia. The ongoing uncertainty has helped maintain gold's appeal as a safe-haven asset, with investors turning to the metal amid heightened market volatility.

Domestic bullion market overview

For retail consumers, gold and silver rates remained largely consistent with recent trends in the domestic market. The following table provides indicative retail prices of the precious metals across key purity categories and denominations in India:

Investor and consumer advice

While these prices serve as a general benchmark for buyers, actual rates can vary from one city to another owing to local levies and individual jewellers' pricing practices. Purchasers should also take into account additional costs such as making charges and Goods and Services Tax (GST), which can substantially raise the overall price of gold and silver jewellery.

City-wise gold rate

City-wise silver rate

Factors influencing gold and silver rates today

Precious metals faced pressure in international markets as escalating tensions in the Middle East drove crude oil prices higher. The increase in energy costs has fuelled expectations that major central banks may keep interest rates elevated for a longer period to curb inflationary pressures.

Meanwhile, a firmer US dollar and higher Treasury yields reduced the attractiveness of gold, a non-yielding asset, limiting investor demand. Continued uncertainty surrounding the prospects of a durable peace agreement in the region also dampened market sentiment, preventing any significant recovery in gold and silver prices.

Advice for buyers and investors

Market experts advised consumers to exercise caution amid ongoing price volatility and ensure that any jewellery purchases carry a valid BIS hallmark. Buyers were also encouraged to compare rates offered by different jewellers and carefully verify details related to purity, weight and additional charges before making a purchase.

For investors, analysts recommended closely tracking global economic developments, geopolitical events and currency movements, as bullion prices continue to be highly sensitive to shifts in international market conditions.