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Gold Hits Record High, Silver Prices Climb – Check Rates in Your City on April 16, 2025

Written by: Neha DubeyUpdated on: Apr 16, 2025, 12:15 PM IST
Gold prices hit a record high on April 16, 2025, while silver saw a slight uptick. Check the latest rates in your city for both precious metals today.
Gold Hits Record High, Silver Prices Climb – Check Rates in Your City on April 16, 2025
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On April 16, 2025, gold prices experienced a notable surge both in the domestic and international markets. Internationally, spot gold prices increased by 2.16%, reaching $3,291.98 per ounce, driven by a weaker US dollar and ongoing market uncertainty.

Domestically, gold also saw a rise, with 24-carat gold reaching a new all-time high of ₹94,573 per 10 grams in the futures market.

Silver prices also experienced a slight increase, rising by 0.43% in the domestic markets, as global silver demand continues to remain steady.

Gold Prices Across Major Indian Cities on April 16, 2025

Here’s a breakdown of gold prices as of April 16, 2025, across major Indian cities:

City 24 Carat Gold (per 10gm) 22 Carat Gold (per 10gm)
Chennai ₹95,090 ₹87,166
New Delhi ₹94,650 ₹86,763
Mumbai ₹94,820 ₹86,918
Hyderabad ₹94,970 ₹87,056
Bangalore ₹94,890 ₹86,983
Kolkata ₹94,680 ₹86,790

Silver Prices Across Major Indian Cities

Here is a breakdown of the silver prices across major Indian cities as of April 16, 2025

City Silver Rate (₹/kg)
Chennai ₹95,700
New Delhi ₹95,260
Mumbai ₹95,430
Hyderabad ₹95,580
Bangalore ₹95,500
Kolkata ₹95,260

Read more: How to Avoid Frauds in Dubai Gold Souk When Buying Gold.

Conclusion

On April 16, 2025, both gold and silver prices saw notable movements, with gold reaching new highs and silver experiencing a slight uptick. The rise in gold prices, driven by global economic uncertainties and a weakening US dollar, has solidified its position as a key investment asset.

Meanwhile, silver also saw steady demand, reflecting consistent global interest in precious metals. As the market continues to evolve, it’s essential for investors to monitor these price movements closely and stay informed about the latest trends.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Apr 16, 2025, 12:15 PM IST

Neha Dubey

Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.

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