Gold Rate Drop: Gold and silver prices are fluctuating daily. Gold rates are sometimes rising and sometimes falling, leaving people confused. If you are considering buying gold jewellery, please note that gold and silver prices have declined slightly today, December 16th. According to the India Bullion and Jewellers Association (IBJA), 10 grams of gold have become cheaper by ₹1,113, bringing the price down to ₹1,32,136. The previous day, the price of gold was ₹1,33,249 per 10 grams. Regarding silver, the price of 1 kg of silver has fallen by ₹1,446 to ₹1,91,971. On Monday, the price of silver was ₹1,93,417 per kilogram. Let’s find the latest prices for 22- and 18-carat gold today.
What are the latest gold rates today?
According to the India Bullion and Jewelers Association (IBJA), on December 16th, the price of 999 purity gold is ₹132,136 per 10 grams. The price has become cheaper by ₹1,113 today. The rate for 995-purity gold is ₹131,607 per 10 grams, down ₹1,108. The price of 916 purity 22-carat gold has decreased by ₹1,019 to ₹121,037. The price of 750 purity 18 carat gold has decreased by ₹835 to ₹99,102 per 10 grams. The cost of 585 purity 14 carat gold has reached ₹77,300 per 10 grams, a decrease of ₹651 compared to yesterday. IBJA Rates (December 15, 2025)
Gold Price on Monday (999 purity)
Morning Rate: ₹133442 per 10 grams
Evening Rate: ₹133249 per 10 grams
Silver Price on Monday (999 purity)
Morning Rate: ₹192222 per kilogram
Evening Rate: ₹193417 per kilogram
Please note that the prices issued by the India Bullion and Jewellers Association (IBJA) are considered standard across the country; however, they do not include GST. The cost of gold or silver jewellery is higher at the time of purchase due to the inclusion of taxes. IBJA does not release rates on Saturdays, Sundays, or on central government holidays. All these rates are before taxes and making charges.