Gold and Silver Prices Largely Stable on August 16 in Indian Markets
Gold and silver prices were largely stable in India on August 16, 2026, with spot gold near ₹1,45,165 per 10 gram and silver around ₹2,23,800 per kg. MCX futures edged higher.
Gold Market
Gold and silver prices were largely stable in India on August 16, 2026, with spot gold near ₹1,45,165 per 10 gram and silver around ₹2,23,800 per kg. MCX futures edged higher.
Gold prices edged higher in early Asian trading on Monday, supported by a softer dollar and diminished expectations of a US interest rate hike in September.
Gold prices climbed towards $4,400 an ounce after weaker US economic data, including a drop in retail sales and softer inflation, diminished expectations of further Federal Reserve rate hikes.