Check Gold and Silver Prices Across New Delhi, Mumbai, and Chennai on October 16, 2026

Written by: Team Angel OneUpdated on: 16 Oct 2026, 3:24 pm IST

Gold and silver prices have advanced on October 16, 2026. Silver prices were trading up by over 0.8%, while gold was up by 0.23%.

On Friday, October 16, 2026, as of 09:16 AM, the price of gold on MCX December 4, 2026, future was seen trading at ₹1,47,825, up by ₹336 or 0.23% as compared to its previous close.

The range so far for the day for gold prices on the MCX for December 4, 2026, future has been ₹1,47,589 on the downside and ₹1,47,850 on the upside.

Talking about the silver prices, silver prices on October 16, 2026, has seen a sharper jump of over 0.8%. As of 09:16 AM silver price traded at ₹2,12,398 on MCX, December 4, 2026, future. It was up by ₹1,738 or 0.83% as compared to its previous close.

10 Grams Gold Price Across Major Indian Cities on October 16, 2026

City	24 Karat (₹)	22 Karat (₹)	20 Karat (₹)	18 Karat (₹)
Delhi	1,47,730	1,35,419	1,23,108	1,10,798
Mumbai	1,47,980	1,35,648	1,23,317	1,10,985
Chennai	1,48,410	1,36,043	1,23,675	1,11,308

1KG Silver Price Across Major Indian Cities on October 16, 2026

City	1KG Silver Price (₹)
Delhi	2,12,220
Mumbai	2,12,590
Chennai	2,13,210

Conclusion

On October 16, 2026, the gold and silver prices have seen a recovery. The silver prices have seen a sharp jump of over 0.8%, while the gold prices have also advanced relatively lower to the tune of 0.23%.

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or 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: Oct 16, 2026, 9:54 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

Know More