Gold and Silver Prices Traded Lower: Check Rates in Your City on May 16, 2025

Gold and silver prices witnessed a drop in both the global and domestic markets on May 16, 2025. In the international market, spot gold prices fell by 0.26%, reaching $3,215.93 as of 09:55 AM. In the domestic market, gold prices have slipped by nearly ₹30. Turning to silver prices, there was a decline of 0.07% to ₹95,970.00 in the domestic market.

In Mumbai, 24-carat gold is priced at ₹9,342 per gram, while 22-carat gold now costs ₹8,564 per gram. In Delhi, the price of 22-carat gold is currently ₹85,424 per 10 grams, while 24-carat gold is trading at ₹93,190 per 10 grams.

Gold Prices Across Major Indian Cities on May 16, 2025

Here is a detailed breakdown of gold prices as of May 16, 2025:

Silver Prices Across Major Indian Cities

Conclusion

Both gold and silver prices have dipped in today’s trade, reflecting a downward trend in both domestic and international markets on May 16, 2025. Gold fell by nearly ₹30 in the domestic market, and silver witnessed a ~₹70 fall per kilogram.

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