By Admin 
Gold Silver Price Today Live: Today, even on 16th April, a rise in the prices of gold and silver is being seen in India. The rise in prices has come amid reports of easing tensions between America and Iran and increasing demand due to the festival of Akshaya Tritiya (April 19).
Today, the price of 24 carat gold in the country has increased by Rs 1420, due to which the price has crossed the level of Rs 1.55 lakh per 10 grams. Similarly, today the rate of 24 carat gold per 10 grams is Rs 1,55,360, the rate of 22 carat is Rs 1,42,410 and the price of 18 carat is Rs 1,16,520. The festival of Akshaya Tritiya is to be celebrated on 19 April. Buying gold on this occasion is considered auspicious. Due to increased advance demand from jewelers and customers, the prices are increasing.
gold price today
| City | 24 carat gold price (per 10 grams) | 22 carat gold price (per 10 grams) |
| Delhi | 1,55,510 | 1,42,560 |
| Mumbai | 1,55,360 | 1,42,410 |
| Kolkata | 1,55,360 | 1,42,410 |
| Chennai | 1,56,230 | 1,43,210 |
| Bengaluru | 1,55,360 | 1,42,410 |
| Hyderabad | 1,55,360 | 1,42,410 |
| Ahmedabad | 1,55,410 | 1,42,460 |
| Pune | 1,55,360 | 1,42,410 |
| Lucknow | 1,55,510 | 1,42,560 |
It is important to note here that the rates given above do not include GST (3%), TCS and making charges. After adding these, the bill may increase by 10-15 percent. While buying gold, always keep in mind the BIS Hallmark so that the purity of the gold is guaranteed.
These are also the reasons for increasing gold prices
- The weakening of the dollar in the international market also increases the prices of gold. When the dollar weakens, it becomes cheaper for those holding other currencies like rupee to buy gold, due to which the demand suddenly increases and the prices automatically increase. Today, a weakness of up to 0.15-0.20 percent is being seen in the dollar index.
- Expectations of improvement in inflation in America and an early cut in interest rates by the Federal Reserve have weakened the demand for the dollar. Due to this, the holdings of dollars as safe investment have reduced.
- Of course, the news of ceasefire between America and Iran is making a lot of headlines these days, but there are concerns about economic stability at the global level. This is the reason why people are betting on gold as a safe investment and its prices are reaching the level of 4,845 per ounce.
price of silver
Today there has been a strong recovery in silver prices in the country. Now silver is again trading at its record high level. Today on April 16, the price of silver per kilogram is Rs 2,70,100 and the price per 10 grams is Rs 2,701.
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