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Gold, Silver Rates Today: Gold hits record high on MCX as dollar falls | Check city-wise rates on April 16


Gold Price 22 Carat, 24 Carat: Similarly, silver futures, maturing on May 5, 2025, gained in the opening trade today. The contract opened at Rs 94,800 per kg on the MCX, a gain of Rs 26 from the previous close of Rs 94,774.

Mumbai: Gold, Silver Prices Today: Gold prices in the domestic futures market hit a record high on Wednesday, i.e. April 16, 2025, amid the dollar’s fall and uncertainty over the tariff war. The gold June 5 contract on the Multi Commodity Exchange (MCX) opened today at Rs 94,573 per 10 grams – a new high, a gain of Rs 1,122 from the previous close of Rs 93,451. However, it gained further to touch an all-time high of Rs 94,635. Last seen, it was trading at Rs 94,624 with a gain of Rs 1,173 or 1.26 per cent. Between this, it touched a low of Rs 94,311.  

Similarly, silver futures, maturing on May 5, 2025, gained in the opening trade today. The contract opened at Rs 94,800 per kg on the MCX, a gain of Rs 26 from the previous close of Rs 94,774. While writing this report, it was trading at Rs 95,150 – a gain of Rs 376 or 0.40 per cent from the previous close. In between, it touched a low of Rs 94,666 and a high of Rs 95,150.
Gold Price in International Market
In the international market, the COMEX gold price was trading at around $3,296.7 per troy ounce. The spot gold price at 10:45 am was around $3,281.88 per ounce.



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