Gold Price Falls Today: Latest Silver and Carat Rates Revealed
Gold and silver prices have registered a decline today, June 16, 2026. The 24-carat gold rate dropped to Rs 150,094 per 10 grams, while silver fell by Rs 4,421 per kg, according to the latest data from the India Bullion and Jewellers Association.
The domestic market is witnessing a notable shift in gold price trends today, June 16, 2026, as both yellow metal and silver rates have experienced a decline. For investors and consumers tracking the gold price, these fluctuations reflect the ongoing volatility inherent in the precious metals market, influenced by various global and local economic factors.
According to the India Bullion and Jewellers Association (IBJA), the price of 24-carat 999 purity gold has seen a decrease of Rs 552, bringing the rate to Rs 150,094 per 10 grams. Similarly, the silver market has faced a sharper downturn, with 999 purity silver falling by Rs 4,421 to reach Rs 247,067 per kg, down from its previous level of Rs 2.51 lakh.
Understanding Current Gold Price Fluctuations
Market participants often look toward the Multi Commodity Exchange (MCX) for real-time pricing indicators. As of 12:52 pm today, the futures price for 24-carat gold, specifically for the August 5, 2026 delivery, was trading down by 0.14% at Rs 152,696 per tola. This volatility underscores the importance of verifying the latest gold price before finalizing any purchase of jewellery or investment assets.
For those interested in the specific breakdown by purity, the rates provided by the IBJA for today are as follows: 24-carat gold is listed at Rs 150,094 per 10 grams; 23-carat gold stands at Rs 149,493 per 10 grams; 22-carat gold is priced at Rs 137,486 per 10 grams; 18-carat gold is available at Rs 112,571 per 10 grams; and 14-carat gold is recorded at Rs 87,805 per 10 grams.
It is important for consumers to remember that these figures are base rates. When purchasing jewellery, the final cost will include a 3% Goods and Services Tax (GST) and additional making charges, which are not reflected in these standard IBJA updates.
Regional variations also exist across major cities. In Delhi, Jaipur, and Lucknow, the 24-carat gold price is currently marked at Rs 151,520 per 10 grams. Meanwhile, in Mumbai, Kolkata, and Raipur, the rate stands at Rs 151,370. Finally, markets in Bhopal, Patna, and Ahmedabad report the price at Rs 151,420 per 10 grams. These regional differences are primarily driven by local logistics, taxation adjustments, and demand dynamics within each respective metropolitan area.
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