Today Gold Rate Surges on April 16 Amid Global Tariff Concerns – Check City-Wise 24K Gold Rate in India

Gold prices in India witnessed an upward trend on April 16, 2025, driven by global tariff concerns that stirred investor sentiment. While the yellow metal sparkled brighter, silver prices held steady below the ₹1 lakh mark. Here's how gold is faring in major cities today.

Gold Shines Brighter: 22K & 24K Rates Soar

Gold gained momentum in the early hours of Wednesday, with both 22-carat and 24-carat variants recording notable jumps. In Delhi and Jaipur, 22K gold touched ₹87,340 per 10 grams, while 24K gold reached ₹95,320. Known for its purity, 24K gold remains a premium choice, while 22K gold continues to charm jewellery buyers for its strength and elegance.

City-Wise Gold Prices on April 16, 2025

Silver Holds Ground Below ₹1 Lakh

Silver prices remained unchanged in Mumbai, trading at ₹99,700 per kilogram. Despite staying just under the ₹1 lakh mark, demand for silver remains steady among industrial buyers and small-scale investors.

What’s Driving the Surge in Gold Prices?

The recent rise in gold rates can be attributed to:

• Global tariff uncertainties
• Import duties and domestic taxes
• Volatile exchange rates
• Shifts in international bullion prices

In India, gold holds a dual identity - both cultural and financial. It’s a traditional favourite for weddings and festivals, and a trusted investment avenue. With markets in flux, staying informed is essential for buyers and traders alike.

As market jitters continue, gold remains a reliable safe-haven asset. Whether you're investing or shopping for jewellery, keeping an eye on daily rates helps you make smart financial decisions.