Gold Rate Today, July 16, 2026: Gold Prices Increase Rs 790 per 10 gram in India on Thursday

Mumbai, July 16: On Thursday gold prices in India increased by Rs 790 per 10 grams on Thursday. Rates for 24 karat gold were Rs 1,43,580 against Rs 1,42,790 Wednesday. Prices of 22 karat gold in India went up by Rs 720 to Rs 1,31,610 per 10 grams and rates for 18 karat gold increased Rs 590 and were at Rs 1,07,680 per 10 grams compared to Rs 1,30,890 and Rs 1,07,090 per 10 grams respectively the previous day. 

Gold rates reversed their previous session’s decline and rose for the first time in two sessions on Thursday. They continue to track a combination of global rate movements, rupee-dollar fluctuation and safe-haven demand stemming from the ongoing crisis in the Middle East. Physical demand at jewellery shops has remained robust through the week helped by the wedding season, despite prices ruling near record levels.  

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“Fresh triggers from the US Fed on interest rates movement, dollar index and geo-political tensions between Iran and US will be key to watch out for in the next few sessions for a directional move in gold prices. Import duty rates and demand-supply dynamics at home will also be watched closely by dealers,” said a bullion analyst. 

Goodreturns.in quotes gold rates per gram but for a better comparison, we have converted those rates to per-10-gram numbers. Gold rates in Chennai are at their highest across the country as of today. Here, 24 karat gold is sold at Rs 1,43,790 per 10 grams which is nearly Rs 210 above the national average. 22 karat gold is at Rs 1,31,810 and 18 karat gold at Rs 1,10,010 per 10 grams. Second on the list is Delhi with 24 karat gold priced at Rs 1,43,730 per 10 grams which is around Rs 150 more than the national average. 22 karat gold in Delhi is traded at Rs 1,31,760 and 18 karat gold at Rs 1,07,830 per 10 grams. 

Also Read: How to Invest in Gold Online 

In Vadodara and Ahmedabad gold rates are trading slightly higher than the national average. Both the cities are trading 24 karat gold at Rs 1,43,630 per 10 grams. While 22 karat gold in these cities are sold at Rs 1,31,660 and 18 karat gold at Rs 1,07,730 per 10 grams. Mumbai, Kolkata, Bangalore, Hyderabad, Kerala and Pune are trading at par with the national average. Here, rates of 24 karat gold are at Rs 1,43,580 per 10 grams. 22 karat gold is trading at Rs 1,31,610 and 18 karat gold at Rs 1,07,680 per 10 grams. 

10 Gram Gold Rates Across Major Indian Cities — Thursday, July 16, 2026 

Source: goodreturns.in 

Traders suggest anyone planning to buy or sell gold should track live rates through the day since bullion prices can shift before markets close, and it is always advisable to confirm the final billed rate with the jeweller, inclusive of making charges and GST. 

On Wednesday, gold rates in India had eased Rs 110 per 10 grams to Rs 1,42,790 for 24 karat gold, marking the second consecutive session of decline even as prices held close to record highs. Chennai had posted the highest domestic rate that day too, at Rs 1,43,450 per 10 grams for 24 karat gold, nearly Rs 660 above the national average.