Gold Rates & Silver Rates Today (16/10/2026) LIVE: MCX Gold Price Up Rs 1,000, Silver Price Jumps Rs 2,500; Know 24K, 22K, 18K Gold Prices Today
Oct 16, 2026, 9:41 am IST
Live Silver Rates Today: MCX Silver Price Skyrockets Rs 2,500
MCX silver price gained nearly Rs 2,500 to hit an intraday high of Rs 2,13,200 per 1Kg in the opening bell. Currently, MCX silver traded at Rs 2,13,100 per 1Kg, up by Rs 2,440 or 1.2%.
Oct 16, 2026, 9:41 am IST
Live Gold Rates Today: MCX Gold Jumps Almost Rs 1,000
MCX gold price climbed by almost Rs 1,000 to hit an intraday high of Rs 1,48,452 per 10 grams in the opening bell. At the time of writing, MCX gold traded at Rs 1,48,431 per 10 grams, up by Rs 942 or 0.64%.
Oct 16, 2026, 9:01 am IST
Live Gold Silver Rates Today: MCX Gold, Silver Outlook
Going ahead, Kevin Warsh’s speech and the Fed’s month-end policy decision will be key events influencing the dollar, interest-rate expectations and bullion prices: Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities.
Oct 16, 2026, 9:01 am IST
Live Silver Rates Today: Spot Silver Gains 1.1%
Spot silver price rallied by 1.11% to trade around $57.6 per ounce. As per Trading Economics, silver held above $57 per ounce on Friday after rebounding in the previous session, as the recent selloff in equities drove safe-haven demand for government bonds and precious metals.
Oct 16, 2026, 9:01 am IST
Live Gold Rates Today: Spot Gold Marginally Up
Spot gold price traded marginally higher by 0.3% to around $4,170 per ounce. As per Trading Economics, the shift toward safer investments pushed bond yields sharply lower, easing pressure on non-yielding assets such as gold. Investors also weighed heightened geopolitical risks in the Middle East amid escalating hostilities between Saudi Arabia and Iran-backed Houthis in Yemen, while a Singapore-flagged container ship was sunk in the Strait of Hormuz this week by an Iranian projectile.
