Gold price today on October 16, 2026: 22K, 24K rates decline
by Vaishnavi Verma · KalingaTVAdvertisement
Bhubaneswar: Gold prices witnessed a marginal decline on Friday, October 16. The price of 24-carat gold in Bhubaneswar stands at Rs 1,47,440 per 10 grams, while 22-carat gold is priced at Rs 1,35,150 per 10 grams.
Compared to October 15, both 22-carat and 24-carat gold prices have dropped by Rs 810 per 10 grams. Buyers planning to purchase gold should check the latest rates before visiting jewellery stores.
Check gold price today in major cities:
| City | 22 Carat (Rs) | 24 Carat (Rs) |
| Delhi | ₹1,35,300 | ₹1,47,590 |
| Mumbai | ₹1,35,150 | ₹1,47,440 |
| Chennai | ₹1,35,150 | ₹1,47,440 |
| Kolkata | ₹1,35,150 | ₹1,47,440 |
| Hyderabad | ₹1,35,150 | ₹1,47,440 |
| Bangalore | ₹1,35,150 | ₹1,47,440 |
| Bhubaneswar | ₹1,35,150 | ₹1,47,440 |
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Silver price in India:
Silver prices remain unchanged in Bhubaneswar and Cuttack on October 16. Silver is priced at Rs 2,30,000 per kilogram in Bhubaneswar, though some major cities have seen a decline in the silver rate.
| City | Silver price (Rs) |
| Delhi | ₹2,30,000 |
| Mumbai | ₹2,30,000 |
| Chennai | ₹2,40,000 |
| Kolkata | ₹2,30,000 |
| Hyderabad | ₹2,40,000 |
| Bangalore | ₹2,30,000 |
| Bhubaneswar | ₹2,30,000 |
Also Read: Gold price today on October 15, 2026: 22K, 24K rates decline
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