Gold, silver prices today, 16 October: Check retail rates of 24K, 22K gold, 999 silver in Delhi, Mumbai and Kolkata - Livemint

AI desk brief

Indian retail gold and silver edged higher on 16 October as renewed US-Iran tensions lifted safe-haven demand. MCX gold was up 0.11% at ₹1,47,970/10g and MCX silver rose 0.51% to ₹2,12,370/kg around 9:13 AM.

Retail 24K gold ranged from ₹1,47,400/10g in Kolkata to ₹1,48,020/10g in Chennai, while 999 silver ranged from ₹2,11,370/kg in Kolkata to ₹2,12,270/kg in Chennai. The article frames the move as a marginal geopolitical bid rather than a broad domestic demand shift.