Gold Silver Price Jan 16: Amid the ongoing global war situation, gold and silver prices are witnessing extreme volatility. The bullion market is buzzing with activity as precious metals have recorded a sharp surge in recent days. Silver, in particular, has jumped by nearly ₹30,000 in just the last five days, sending shockwaves through the market. Gold, too, continues to shine, trading at historic highs.
The rapid rise in both metals has pushed prices to all-time records, creating fresh milestones in the bullion trade. On January 16, 2026, 24-carat gold is trading at ₹1,43,760 per 10 grams in the national capital, Delhi. Meanwhile, silver prices have also shattered previous records and are nearing the ₹3 lakh mark.
Gold Silver Price Jan 16: 24, 18, 14 carat gold price (per 10 grams)
| Gold Silver | Price (₹) |
|---|---|
| 24 carat gold | ₹1,43,760 |
| 22 carat gold | ₹1,31,790 |
| 18 carat gold | ₹1,07,860 |
| Silver | ₹2,95,100 |
24 Carat Gold Rate Today: Latest Prices in Major Cities (Per 10 Grams)
| City | 24 Carat Gold Today (₹/gram) | 22 Carat Gold Today (₹/gram) | 18 Carat Gold Today (₹/gram) |
|---|---|---|---|
| Lucknow | ₹1,43,760 | ₹1,31,790 | ₹1,07,860 |
| Jaipur | ₹1,43,760 | ₹1,31,790 | ₹1,07,860 |
| Delhi | ₹1,43,760 | ₹1,31,790 | ₹1,07,860 |
| Patna | ₹1,43,660 | ₹1,31,690 | ₹1,07,760 |
| Mumbai | ₹1,43,610 | ₹1,31,690 | ₹1,07,710 |
| Ahmedabad | ₹1,43,660 | ₹1,31,690 | ₹1,07,760 |
| Pune | ₹1,43,610 | ₹1,31,690 | ₹1,07,710 |
| Kolkata | ₹1,43,610 | ₹1,31,690 | ₹1,07,710 |
| Meerut | ₹1,43,760 | ₹1,31,790 | ₹1,07,860 |
| Ludhiana | ₹1,43,760 | ₹1,31,790 | ₹1,07,860 |
Silver Rate Today 16 Jan 2026: Latest rates of major cities
| City | Silver Rate |
|---|---|
| Lucknow | ₹2,95,100 |
| Jaipur | ₹2,95,100 |
| Delhi | ₹2,95,100 |
| Patna | ₹2,95,100 |
| Mumbai | ₹2,95,100 |
| Ahmedabad | ₹2,95,100 |
| Pune | ₹2,95,100 |
| Kolkata | ₹2,95,100 |
| Meerut | ₹2,95,100 |
| Ludhiana | ₹2,95,100 |
Gold Silver Rate Rise Reason: Due to fluctuations in prices
Geopolitical risks stemming from unrest in Iran, as well as tensions with Venezuela and Greenland, are also continuing to drive price movements as additional demand factors. Gold and silver prices are expected to remain volatile this week due to volatility in the dollar index ahead of the US Supreme Court’s tariff decision. Silver prices remain well above short- and medium-term averages after a strong rally, reflecting aggressive buyer dominance. Despite supply constraints, industrial demand is gaining momentum, driven by strong growth in solar energy, electric vehicles, AI, electronics, and safe-haven investments.
Also Read: Petrol Diesel Price 16 Jan: Today’s Petrol-Diesel Rates Amid Cheaper Crude Oil
