Gold Rate Today (October 16, 2026): Gold is considered a safe option to invest. (File Photo)
\n\nGold Rate Today (October 16, 2026): Gold prices moved higher in futures trading on Friday, October 16, as investors tracked movements in the international bullion market and currency fluctuations. The December gold futures contract on the Multi Commodity Exchange (MCX) gained Rs 1,702, or 1.17 per cent, to trade at Rs 1,47,550 per 10 grams before the market opened. The contract had settled at Rs 1,45,848 per 10 grams in the previous session. According to Bullions, 24-carat gold was priced at Rs 1,47,810 per 10 grams, while international gold prices stood at $4,192.50 per ounce. Meanwhile, GoodReturns listed the retail rate of 24-carat gold at Rs 1,49,440 per 10 grams.
\n\nThe domestic bullion market saw a different trend on Thursday, when gold prices in Delhi declined for the fourth consecutive trading session. The price of gold fell by Rs 900 to Rs 1,49,900 per 10 grams, inclusive of all taxes.
\n\nGold Rate Today: 24K, 22K And 18K Prices In Major Cities
\n\nGold prices in Delhi's bullion market declined by Rs 900 per 10 grams on Thursday, extending their losing streak to four consecutive sessions.
Original source: https://www.timesnownews.com/business-economy
