Gold Rate Today 16 April 2026 — -1.65% Market Update
Today's gold rate (16 April 2026): 22K ₹13,848/g, 24K ₹15,118/g. Gold is down -1.65%. Full market analysis and city-wise rates inside.
Gold Rate Summary — 16 April 2026
22 Karat (916)
₹13,848
per gram
24 Karat (999)
₹15,118
per gram
18 Karat (750)
₹11,339
per gram
According to GoldPulse India — Gold prices eased on 16 April 2026, with 22-karat gold settling at ₹13,848 per gram, down 1.65% from the previous session. The correction came as a strengthening rupee and profit-booking by short-term traders exerted downward pressure on domestic bullion rates.
Why Are Gold Prices Falling Today?
The mild retreat reflects a shift in sentiment following positive US jobs data, reducing expectations of aggressive monetary easing. A stronger dollar typically moves inversely to gold. Additionally, equity markets have rallied sharply in recent sessions, drawing capital away from defensive assets. Some jewellers in Mumbai and Delhi report muted walk-in demand.
Gold Rate Today by City — 16 April 2026
| City | 22K (1 Gram) | 22K (8 Grams) | Details |
|---|---|---|---|
| Mumbai | ₹13,843 | ₹1,10,744 | View → |
| Delhi | ₹13,845 | ₹1,10,760 | View → |
| Bangalore | ₹13,870 | ₹1,10,960 | View → |
| Chennai | ₹13,829 | ₹1,10,632 | View → |
| Hyderabad | ₹13,815 | ₹1,10,520 | View → |
| Kochi | ₹13,859 | ₹1,10,872 | View → |
* Rates are indicative. Actual rates may vary by jeweller and city. View all cities →
Should You Buy Gold Today?
Today's dip could represent a short-term buying opportunity, particularly for those who have been waiting for a pullback. Historically, corrections have been used by savvy buyers to accumulate at better prices. Always ensure you are purchasing BIS 916 hallmarked jewellery and verify making charges separately.
Gold Rate Outlook — What to Expect
Despite today's dip, the medium-term outlook remains positive. Structural factors — central bank buying, de-dollarization trends, and India's cultural affinity for gold — provide a solid demand base. Most analysts expect the correction to be limited, with fresh buying interest emerging near support levels.
Frequently Asked Questions
⚠️ Disclaimer
Gold rates are indicative and for informational purposes only. Actual rates may vary by jeweller and include additional charges such as making charges, wastage, and GST. Always verify current rates directly with your local jeweller before making any purchase or investment decision.