Gold Rate Today in India, April 16: 24K, 22K, 18K Price Per Gram in Mumbai, Delhi, Pune
Gold Rate Today in India, April 16, 2026 – Complete Guide to 24K, 22K, 18K Gold Prices in Mumbai, Delhi, Pune and All Major Cities
Introduction
Gold remains one of India's most cherished assets, deeply woven into the fabric of culture, tradition, and investment. On April 16, 2026, the gold rate in India reflects both global macroeconomic factors and strong local demand ahead of the summer wedding season. This comprehensive guide provides city-wise gold rates, market analysis, and expert commentary for buyers and investors.
Today's Gold Rate Summary (April 16, 2026)
24K Gold: ₹15,320 per gram (₹1,53,200 per 10 grams)
22K Gold: ₹14,042 per gram (₹1,40,420 per 10 grams)
18K Gold: ₹11,490 per gram (₹1,14,900 per 10 grams)
MCX Gold Futures: ~₹1,53,400 per 10 grams
These prices represent a marginal increase compared to the previous session's close of ₹15,284 per gram for 24K gold, continuing a gradual recovery trend that began after the sharp dip earlier in April.
Detailed City-Wise Gold Rates – April 16, 2026
Mumbai: 24K – ₹15,320/g | 22K – ₹14,042/g | 18K – ₹11,490/g
Delhi: 24K – ₹15,340/g | 22K – ₹14,061/g | 18K – ₹11,505/g
Pune: 24K – ₹15,310/g | 22K – ₹14,030/g | 18K – ₹11,483/g
Chennai: 24K – ₹15,350/g | 22K – ₹14,071/g | 18K – ₹11,513/g
Bengaluru: 24K – ₹15,300/g | 22K – ₹14,025/g | 18K – ₹11,475/g
Hyderabad: 24K – ₹15,315/g | 22K – ₹14,038/g | 18K – ₹11,488/g
Kolkata: 24K – ₹15,290/g | 22K – ₹14,015/g | 18K – ₹11,468/g
Ahmedabad: 24K – ₹15,325/g | 22K – ₹14,047/g | 18K – ₹11,494/g
Jaipur: 24K – ₹15,330/g | 22K – ₹14,052/g | 18K – ₹11,499/g
Lucknow: 24K – ₹15,335/g | 22K – ₹14,057/g | 18K – ₹11,502/g
Key Market Drivers Today
1. Global Cues: COMEX gold is trading near $4,795 per troy ounce in early Asian trading, maintaining momentum from recent sessions. International prices have found support above the $4,750 mark as safe-haven demand remains elevated.
2. Geopolitical Factors: The ongoing uncertainty surrounding US-Iran diplomatic relations continues to act as a price support for gold. Any escalation in the Middle East immediately boosts bullion demand globally.
3. Rupee-Dollar Dynamics: The USD-INR exchange rate is hovering near ₹93.10, which has kept import costs relatively stable. A weaker rupee would directly push domestic gold prices higher.
4. Domestic Demand: With the peak wedding season underway in April and May, jewellers across India are reporting strong footfall and consistent buying interest, particularly in 22K jewellery gold.
5. Central Bank Demand: Global central banks, including the RBI, have maintained their gold accumulation strategy, lending structural support to prices.
What Purity Levels Mean for Buyers
24K Gold (99.9% pure): Ideal for investment via coins and bars. Not typically used in jewellery due to its softness.
22K Gold (91.6% pure): Most popular for Indian jewellery. Contains 8.4% alloy metals for strength and durability.
18K Gold (75% pure): Preferred for diamond-studded and designer jewellery due to hardness.
Important Buyer's Note
All prices mentioned above are indicative and do not include 3% GST, making charges (typically ₹150-₹500 per gram depending on design), or TCS applicable on purchases above ₹2 lakh. Always ask for a detailed bill and check for BIS hallmarking before purchase. Hallmarked gold ensures certified purity and is mandatory for jewellers under Indian law.
