what is the gold rate today 24 carat : June 16, 2025

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).

Current Gold Prices: Verify Indian Gold Rates — June 16
As of 10 a.m. today,June 16, prices were higher. The official website indicated that the MCX gold index was trading at ₹1,00,310/10 gm. It revealed that the price of MCX silver was ₹1,06,456/kg.

Additionally,as of 10 am on June 16, 24-carat gold was valued at ₹1,00,480/10 gm,according to data from the Indian Bullion Association (IBA). In addition,the price of 22-carat gold was 92,107/10 gms.According to the IBA website,the current price of silver is ₹1,06,930/kg (Silver 999 Fine).

Thus,on June 16,check the rates for gold and silver in your city (Delhi,Mumbai) here. Notably, jewelers may include GST, taxes, and manufacturing charges on the bill for retail clients, which could increase the total cost to you.

Mumbai Gold and Silver Prices — June 16

• Mumbai gold bullion prices are ₹1,00,300/10 gm.

• Mumbai’s MCX Gold rate is ₹1,00,310/10 gm.

• The price of silver bullion in Mumbai is ₹1,06,730/kg.

• The price of MCX Silver 999 in Mumbai is ₹1,06,456/kg.

Delhi Gold and Silver Prices — June 16

• New Delhi gold bullion prices are ₹1,00,100/10 gm.

• New Delhi MCX Gold pricing is ₹1,00,310/10 gm.

• The price of silver bullion in New Delhi is ₹1,06,560/kg.

• In New Delhi,the price of MCX Silver 999 is ₹1,06,456/kg.

Disclaimer: bharatbulletin24x7.com does not endorse the opinions or suggestions expressed above; rather,these represent the opinions of individual analysts or brokerage firms. Before making any financial decisions, we encourage investors to consult with qualified professionals.