![Gold price today [16 April, 2026]: Gold rises to $4,821 as peace talks hopes rise; Domestic prices rise to ₹1.55 lakh/10g](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201400%20800'%3E%3C/svg%3E "Gold price today [16 April, 2026]: Gold rises to $4,821 as peace talks hopes rise; Domestic prices rise to ₹1.55 lakh/10g")
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Gold price today, April 16, 2026: Gold prices are up slightly from recent one-month highs as investors weigh the potential for renewed U.S.-Iran peace talks against a firm U.S. dollar and the ongoing blockage of the Strait of Hormuz. International spot gold is consolidating as markets assess the likelihood of a diplomatic breakthrough in Pakistan. In the domestic market, gold has gradually recovered after a sharp decline in early April, although prices remain sensitive to the USD/INR exchange rate, which currently stands at around ₹93.38.
Domestic Gold Prices (India) – April 16, 2026
In the domestic market, gold gradually recovered after falling sharply in early April.
- 24K Gold (99.9% Purity): ₹15,536 per gram | ₹1,55,360 per 10 grams
- 22K Gold (91.6% Purity): ₹14,241 per gram | ₹1,42,410 per 10 grams
- 18K Gold (75% Purity): ₹11,652 per gram | ₹1,16,520 per 10 grams
Note: Domestic prices exclude 3% GST and manufacturing charges, which typically range from 5% to 35% depending on the design.
City-specific gold prices (per 10 grams)
Delhi gold price today
- 24K Gold: ₹1,55,510 | 22K Gold: ₹1,42,560 | 18K Gold: ₹1,16,670
Gold Price in Mumbai Today
- 24K Gold: ₹1,55,360 | 22K Gold: ₹1,42,410 | 18K Gold: ₹1,16,520
Gold Price in Chennai
- 24K Gold: ₹1,56,230 | 22K Gold: ₹1,43,210 | 18K Gold: ₹1,19,410
Bangalore gold price today
- 24K Gold: ₹1,55,360 | 22K Gold: ₹1,42,410 | 18K Gold: ₹1,16,520
Hyderabad gold price today
- 24K Gold: ₹1,55,360 | 22K Gold: ₹1,42,410 | 18K Gold: ₹1,16,520
Kolkata gold price today
- 24K Gold: ₹1,55,360 | 22K Gold: ₹1,42,410 | 18K Gold: ₹1,16,520
Pune gold price
- 24K Gold: ₹1,55,360 | 22K Gold: ₹1,42,410 | 18K Gold: ₹1,16,520
Gold Price in Ahmedabad Today
- 24K Gold: ₹1,55,410 | 22K Gold: ₹1,42,460 | 18K Gold: ₹1,16,570
Gold Price Today in Jaipur
- 24K Gold: ₹1,55,510 | 22K Gold: ₹1,42,560 | 18K Gold: ₹1,16,670
Gold Price Today in Lucknow
- 24K Gold: ₹1,55,510 | 22K Gold: ₹1,42,560 | 18K Gold: ₹1,16,670
International gold prices today
- Spot Gold (XAU/USD): ~$4,821.45 per ounce
- Gold Futures: ~$4,843.80 per ounce
- Trend: Prices have increased by about 1.6% in the last week. This dynamic is being driven by hopes of a “deadening” of the conflict and progress in extending the current two-week ceasefire through mediators
- Support and Resistance: Key support is noted at $4,810 to $4,770, with resistance levels at $4,884 to $4,922 per ounce
Prices for major Indian cities (per 10 g 24,000)
| City | Today’s price (24K) | Yesterday’s price | Change |
|---|---|---|---|
| New Delhi | ₹1,55,510 | ₹1,55,500 | +£10 |
| Mumbai | ₹1,55,360 | ₹1,55,350 | +£10 |
| Chennai | ₹1,56,230 | ₹1,56,220 | +£10 |
| Bangalore | ₹1,55,360 | ₹1,55,350 | +£10 |
| Hyderabad | ₹1,55,360 | ₹1,55,350 | +£10 |
Gold price in India for last 10 days (1 gram)
| Date | 24k gold | 22k gold |
|---|---|---|
| April 16, 2026 | ₹15,536 | ₹14,241 |
| April 15, 2026 | ₹15,535 | ₹14,240 |
| April 14, 2026 | ₹15,393 | ₹14,110 |
| April 13, 2026 | ₹15,246 | ₹13,975 |
| April 12, 2026 | ₹15,284 | ₹14,010 |
| April 11, 2026 | ₹15,284 | ₹14,010 |
| April 10, 2026 | ₹15,235 | ₹13,965 |
| April 9, 2026 | ₹15,148 | ₹13,885 |
| April 8, 2026 | ₹15,382 | ₹14,100 |
| April 7, 2026 | ₹14,984 | ₹13,735 |
Market drivers and implications for peace talks
Revised peace talks
- Negotiators have reportedly made progress in extending the two-week ceasefire. US President Donald Trump suggested a deal could be close, although the deployment of 10,000 additional US troops to the region has added uncertainty
Impact of oil prices
- Hopes of renewed talks have pushed oil prices below $100 a barrel, helping to ease inflation concerns and boost “risk-on” sentiment in precious metals
monetary policy
- Traders now expect a 30% chance of a U.S. interest rate cut this year, up from 13% last week, as the Fed takes a cautious stance in assessing inflation risks
Gold ETF Performance (2025-2026)
Gold ETFs saw a massive surge in India in 2025, with some funds posting returns of over 70%. As of April 2026, these are the top performers based on 5-year CAGR:
- LIC MF Gold ETF: 27.08%
- Aditya Birla Sun Life Gold ETF: 27.05%
- ICICI Prudential Gold ETF: 27.04%
- Axis Gold ETF: 26.94%
- Quantum Gold Fund: 26.93%
Key investment metrics:
- Expense Ratio: From 0.30% (Zerodha Gold ETF) to 1.0%
- Liquidity: Nippon India ETF Gold BeES and Tata Gold ETF lead with the highest trading volumes
- Tracking Error: Most top ETFs have a tracking error of less than 0.8%.
Comparison: Physical Gold vs. Gold ETFs
| Special feature | Physical gold (jewelry) | Gold ETFs |
|---|---|---|
| Upfront costs | 3% GST + 10-35% processing fees | 0% GST + nominal brokerage fee |
| Annual costs | Locker/insurance fees | 0.3% – 1.0% expense ratio |
| liquidity | Moderate (jeweler buyback) | High (Instant Stock Trading) |
| taxation | 12.5% LTCG (>24 months) | 12.5% LTCG (>12 months) |
Can gold prices rise again?
- Technical Levels: Support at $4,770 per ounce; Resistance at $4,884-4,922
- Result of the peace talks: Progress in extending the ceasefire could lift spirits
- Fed Rate Expectations: Traders are pricing in a 30% chance of a rate cut this year, which is positive for gold
- Central Bank Purchases: Continued accumulation by global central banks provides long-term support
Important considerations for buyers
- GST: 3% on gold value
- Manufacturing Fees: Normally the cost of jewelry ranges from 5% to 35%
- Investment options: Gold ETFs or Sovereign Gold Bonds (SGB) help avoid high manufacturing costs for physical jewelry
Disclaimer: Gold prices are indicative and exclude GST/TCS/duties. Final purchase prices include 3% GST and manufacturing charges. Please check with local jewelers for exact prices.
