Gold Rate Today, October 16, 2026: Check 22K and 24K Gold Prices in Delhi, Mumbai, Chennai and Other Cities
Gold prices (gold rates) in India held steady today, October 16. The rate for 24-karat gold stands at INR 1,47,430 per 10 grams, while 22-karat gold is priced at INR 1,35,140 per 10 grams. Prices remain mostly uniform across major metropolitan cities like Mumbai, Chennai, and Kolkata, with New Delhi recording slightly higher rates.
Gold prices in India remained steady on October 16, holding firm across major metropolitan markets as buyers and investors track daily bullion movements. The price of 24-karat gold stands at INR 14,743 per gram, bringing the cost of 10 grams to INR 1,47,430. Meanwhile, 22-karat gold - commonly used for standard jewellery and ornaments - is priced at INR 13,514 per gram, making 10 grams available at INR 1,35,140.
Scroll down to check the gold rate today, October 16, in Delhi, Chennai, Mumbai, Kolkata, Lucknow, Pune, Bengaluru, Hyderabad, Jodhpur, Jaipur, Srinagar, Noida, Ghaziabad, Gurugram and Ahmedabad. Gold Rate Today, October 15, 2026: Check 22K and 24K Gold Prices in Delhi, Mumbai, Chennai and Other Cities.
Breakdown of Gold Rates by Purity
Precious metal rates vary according to purity levels and regional tax structures across the country:
- 24 Karat Gold (99.9% Purity): INR 14,743 per gram / INR 1,47,430 per 10 grams
- 22 Karat Gold (91.6% Purity): INR 13,514 per gram / INR 1,35,140 per 10 grams
- 18 Karat Gold (75.0% Purity): INR 11,057 per gram / INR 1,10,570 per 10 grams
Note: Retail prices quoted above are indicative base figures and do not include the 3 per cent Goods and Services Tax (GST), making charges, or local collection levies.
Major City Gold Rates and Market Trends
Gold pricing remains relatively uniform across major Indian cities, with minor variances driven by local transportation and state-level duties.
Gold Rate Today, October 16, 2026
| City | 22K Gold (per 10g) | 24K Gold (per 10g) |
| Delhi | INR 1,35,290 | INR 1,47,580 |
| Mumbai | INR 1,35,140 | INR 1,47,430 |
| Chennai | INR 1,35,140 | INR 1,47,430 |
| Ahmedabad | INR 1,35,190 | INR 1,47,480 |
| Kolkata | INR 1,35,140 | INR 1,47,430 |
| Bengaluru | INR 1,35,140 | INR 1,47,430 |
| Hyderabad | INR 1,35,140 | INR 1,47,430 |
| Jaipur | INR 1,35,290 | INR 1,47,580 |
| Pune | INR 1,35,140 | INR 1,47,430 |
| Noida | INR 1,35,290 | INR 1,47,580 |
| Gurugram | INR 1,35,290 | INR 1,47,580 |
| Ghaziabad | INR 1,35,290 | INR 1,47,580 |
| Lucknow | INR 1,35,290 | INR 1,47,580 |
| Bhopal | INR 1,35,190 | INR 1,47,480 |
| Jodhpur | INR 1,36,040* | INR 1,48,400* |
| Srinagar | INR 1,36,040* | INR 1,48,400* |
Market analysts note that domestic gold valuations continue to be influenced by global economic factors, currency fluctuations, and international bullion trends. Buyers looking to purchase gold are advised to verify hallmarked purity standards and check exact making charges with their local jewellers prior to finalising transactions.
(The above story first appeared on LatestLY on Oct 16, 2026 08:46 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
