Latest Gold and Silver Price
Today we will know what fluctuations have occurred in the prices of gold and silver on 16 June
2025.
16 June 2025 Gold & Silver price in India:
₹93,200 22K Gold (10 grams),
₹1,01,660 24K Gold (10 grams)
16 June 2025 Silver price in India:
₹1,09,900 (1kg)
Difference between 22K and 24K gold and their uses:
Where is 22K gold used?
22K gold contains about 91.67% pure gold and the remaining 8.33% is mixed with metals like
copper, silver, zinc. It has high strength, so it is mostly used in jewelry.
Main uses:
Gold jewelry (necklaces, bangles, rings etc.)
Mangalsutra, earrings, nose ring
Jewellery worn in traditional weddings and festivals
Reason: Pure gold (24K) is very soft, so 22K gold is more suitable for daily wear jewelry.
Where is 24K gold used?
24K gold has a purity of up to 99.9%. It is very soft, so it is not used in jewelry but for special
products and investment.
Main uses:
Gold coins and gold bars (for investment)
Central bank reserves
In high-end electronic devices (sometimes)
In medicine and medical devices (like dental caps etc.)
Reason: It has very high shine and purity, but it bends or cuts easily, so it is not wearable.
Where is silver used?
Silver is used a lot not only in jewelry but also in the industrial and investment sector.
Main uses:
Silver jewelry, utensils and puja items
In electronic devices (smartphones, switches)
In solar panels
In medicinal products (antibacterial creams)
Silver coins and bars for investment
Silver is in demand in India due to festivals, weddings and industry.
Conclusion :
if you want to buy gold for jewelry, then 22K is most suitable, while 24K gold or silver bars can
be a good option for investment. Check the purity and hallmark before buying.
Please note the following – All the above prices are of an estimated range which is around 9
April 2025. Its actual price may vary slightly, for this we should find out the current time rates
from a trusted jeweler in our own city.
Gold and silver prices are affected by international market trends, currency exchange rates, and
geopolitical events. Silver prices also depend on industrial demand and global economic
conditions. Making charges and GST are applied separately while buying jewellery.
Important Notes:
-
These rates are for Hallmark Certified gold.
-
Price may differ slightly according to location.
- Making charges are levied separately if you buy jewellery. Expert Advice + CTA (Call to Action )
Expert View: “If you are thinking of buying gold or silver for long-term investment, then
it may be better to enter the market at this time – but always take a decision keeping in mind your budget and financial goal.”What Should You Do?If you want to buy gold, do it in small parts.Silver can give good returns due to industrial demand.✔ Keep following our article for market updates. Subscribe to our newsletter for more such daily price updates and expert analysis!