Gold Price Today, April 16: 18, 22 & 24 Carat Gold Rates Surge – Check Latest Per Tola Price Across Cities

NEW DELHI, April 16, 2025Gold prices continue their upward trajectory, creating a stir in the market as buyers and investors rush to stay updated. With expectations that gold could cross the ₹1 lakh mark per 10 grams, today’s surge has further intensified buzz in bullion circles. According to the India Bullion and Jewellers Association (IBJA), the price of 24 carat gold has jumped from ₹93,102 to ₹94,489 per 10 grams, reflecting strong market momentum.

Gold Price

Simultaneously, silver prices have also seen a rise, increasing from ₹95,030 to ₹95,403 per kg.

Latest Gold Rates by Purity (Per 10 Grams)

As per ibjarates.com, here are the updated prices:

  • 24 Carat (999 purity): ₹94,489

  • 23 Carat (958 purity): Approx. ₹90,700

  • 22 Carat (916 purity): ₹86,552

  • 18 Carat (750 purity): ₹70,867

  • 14 Carat (585 purity): ₹55,277

Silver Rate Today: ₹95,403 per kilogram

Note: Hallmark purity codes are printed on jewellery: 999 (24K), 958 (23K), 916 (22K), 875 (21K), 750 (18K), etc.

City-Wise Gold Prices (Per 10 Grams)

Here’s how 22K and 24K gold are priced in major cities:

City 22 Carat Gold 24 Carat Gold
Delhi ₹87,340 ₹95,320
Mumbai ₹87,190 ₹95,170
Chennai ₹87,190 ₹95,170
Kolkata ₹87,190 ₹95,170
Jaipur ₹87,340 ₹95,320

Prices may slightly vary depending on the jeweller and market volatility.

Why Are Gold Prices Rising?

The significant rise in gold and silver rates can be attributed to global economic uncertainty and geopolitical tensions, particularly the ongoing trade and tariff conflicts between the US and China. Speculation around a potential recession, coupled with investor shift towards safe-haven assets, is pushing bullion prices higher.

Experts anticipate continued volatility, making it essential for buyers and investors to stay informed and plan purchases accordingly.

Author Profile

Ganpat Singh Chouhan
Ganpat Singh Chouhan
My name is Ganpat Singh Choughan. I am an experienced content writer with 7 years of expertise in the field. Currently, I contribute to Daily Kiran, creating engaging and informative content across a variety of categories including technology, health, travel, education, and automobiles. My goal is to deliver accurate, insightful, and captivating information through my words to help readers stay informed and empowered.

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