what is the gold rate today 24 carat : June 16, 2025
June 16 gold prices in your city: Due to geopolitical unpredictability in the Middle East, gold prices have surpassed ₹1 lakh per 10 kilos. Check the prices of gold and silver in Delhi and Mumbai right now.
Prices of gold and silver in your city on June 16: Gold prices have risen above ₹1 lakh per 10 grams due to the escalating geopolitical situation in the Middle East, which began when Israel targeted Iran’s nuclear facilities and Iran retaliated with drone assaults. Since then, both countries have continued their trade of attacks.
In these erratic markets, experts are adamant that gold and silver are safe haven investments that investors may make to protect their portfolios. In actuality, gold prices have increased 31% year-to-date (YTD), reaching steady record highs that have cemented its place as one of the best-performing asset classes in 2025 and a dependable hedge.
Overall, gold prices have risen 1,200 percent in the last 20 years, from ₹7,638 in 2005 to over ₹1,00,000 in 2025 (till June), and 16 of those years have seen positive returns.
Also Read : what is the price of gold today 24 carat : June 15, 2025
Silver has also shown itself to be resilient. For the last three weeks,prices have remained above the ₹1 lakh/kg barrier,and the dazzling metal has increased by a strong 668.84 percent over the previous 20 years (2005–2025).
