BENGALURU: As Akshaya Tritiya (April 19)—considered one of the most auspicious days in Hinduism—approaches, gold prices have seen a significant surge. The primary reason for this hike is the increase in market demand and the rush for pre-bookings as people prepare to purchase gold on the festival day.

Today's Gold Rate Chart (April 16, 2026)

Gold prices have recorded an upward trend today in major cities across the country, including the state capital, Bengaluru.

1. 24-Karat Gold (Pure Gold):

Price per 10 Grams: Increased by ₹220 today, reaching a total of ₹1,55,570.

Price per 1 Gram: Increased by ₹22 compared to yesterday, now standing at ₹15,557.

2. 22-Karat Gold (Ornamental Gold):

Price per 10 Grams: Increased by ₹200 today, recorded at ₹1,42,600.

Price per 1 Gram: Increased by ₹20, now at ₹14,260.

How is the Silver Price?

Silver prices, which had seen a massive jump over the past few days, remained neutral today. Yesterday, the price of silver had spiked by a whopping ₹15,000 per kg. However, there has been no change today, with the rate holding steady at ₹2,70,000 per kg.

What are the reasons for the price hike?

Global Conflicts: Tensions between Iran and the USA are causing fluctuations in the value of the Dollar in the international market, directly impacting gold prices.

Akshaya Tritiya Demand: With Akshaya Tritiya on April 19, jewelry showroom owners and investors are stockpiling gold in large quantities.

Bumper Sales Preparation: Traders are gearing up for the biggest demand day of the year, and the intensified purchasing process has pushed prices higher.

Note: Gold and silver prices fluctuate daily based on market volatility. It is advisable to verify the official rates of the day before purchasing jewelry.