Gold Price Today 16 July 2025| Check Latest rate

In this blog, we’ll take a look at the latest gold and silver prices as of 16th July 2025. You’ll find updated rates from trusted sources like IBJA, MCX, and international markets, along with insights into how prices have moved in recent trading sessions.

Whether you’re an investor or someone who closely follows the bullion market, this report will provide valuable information. Not only will you get today’s rates, but also a brief and useful analysis of current trends and what they could mean going forward.

We’ll also explain what today’s movement means for investors and traders. Let’s break it down in simple words-Gold Price Today 16 July 2025

Gold & Silver Rates – 16 July 2025

Gold and silver prices will be updated between 12:00 PM and 12:30 PM IST. The earlier rates remain valid until the update.

Gold and silver prices are officially updated after 12:00 PM and 5:00 PM IST every day.

Gold & Silver Market Rates (16 July 2025)
Current View

Why do Gold and Silver prices change daily?

The prices of gold and silver fluctuate daily due to global factors such as:

• International market trends (like COMEX)
• USD-INR exchange rate
• Inflation data
• Interest rates
• Geo-political tensions
• Demand and supply variations
  Any major economic or political news can cause sudden price movements.

What’s the difference between MCX and IBJA rates?

• MCX (Multi Commodity Exchange): Live prices for gold and silver as traded in Indian futures markets (suitable for investors and traders).
• IBJA (Indian Bullion Jewellers Association): Practical benchmark prices used by jewellers across India (used for retail jewellery buying/selling).
  Both are accurate — the use depends on your purpose.

Let’s Understand Why Investing in Gold ETFs Makes Sense

Gold ETF: The Smartest Way to Invest in 2025

Gold has always been a trusted investment. When prices rise, people say, “Wish I had bought earlier!”
When prices drop, they say, “Now is the right time!” That’s why gold is considered an evergreen asset — always relevant, always in demand.

Budget 2024 Boosted Gold Investment

The 2024 Union Budget reduced excise duty on gold, making it slightly cheaper. This opened up an excellent opportunity for investors — especially through Gold ETFs, which offer both affordability and flexibility.

What is a Gold ETF?

A Gold ETF (Exchange Traded Fund) is a mutual fund that invests in gold but trades like a stock on exchanges.
No need to buy or store physical gold — just open a Demat account, and the gold ETF units are held securely in your name.

Key Benefits of Gold ETFs

• Start with as low as ₹1 or 1 unit (1g of 99.5% purity gold)
• Trades at NAV-based prices
• Enjoy Rupee Cost Averaging (like SIPs)
• No locker, no theft, no purity concerns
• Highly liquid – Buy or sell anytime
• Low annual cost – only 0.1% to 0.5%

Expert Advice

Most experts recommend allocating 10% to 15% of your total portfolio to gold.
Gold ETFs are considered ideal: low cost, flexible, tax-efficient, and secure.

Gold Price Outlook – July 2025 Update

• As of 15 July 2025, gold is trading between ₹99,000 and ₹1,04,000 per 10 grams
• Gold has already delivered a 27% year-to-date return in 2025
• Technical indicators (RSI, MACD, Bollinger Bands) are pointing toward continued upside
• According to analysts, gold may touch ₹1,10,000 per 10 grams in the next 6–12 months
  

Final Thoughts

If you want to invest in gold but want to avoid physical gold or jewelry, then Gold ETFs are your best bet:
Affordable
Easy to buy/sell
Highly secure
And best of all, you can ride the current rally confidently.

Spot Gold Market (24-Hour Trading – Key Opening Times):

• Sydney Open: 3:30 AM IST
• Tokyo Open: 5:30 AM IST
• London Open: 1:30 PM IST
• New York Open: 6:00 PM IST

Spot Gold Market – Key Closing Times:

• Sydney Close: 12:30 PM IST
• Tokyo Close: 2:30 PM IST
• London Close: 11:30 PM IST
• New York Close: 2:30 AM IST (next day)

National Stock Exchange-

NSE (Equity & ETFs) – Opening Time 9:15 AM, Closing Time 3:30 PM

MCX Exchange-

MCX (Commodities)– Opening Time 9:00 AM, Closing Time 11:30 PM/11:55 PM

Impact of Daylight Saving Time (DST) on Global Markets

DST affects only those markets that are influenced by international trading hours, such as COMEX, NYMEX, and the MCX Futures Market.

When DST is in effect (from March to November), MCX closes at 11:55 PM IST.
During the rest of the year, MCX closes at 11:30 PM IST.

Where is DST observed?

Daylight Saving Time is observed in countries like the United States, Canada, United Kingdom, Europe, and Australia.
However, India, UAE, Saudi Arabia, and many Asian countries do not observe DST.

What is a Troy Ounce? Why is it used for Gold and Silver?

The Troy system is a special weight measurement system primarily used to measure gold, silver, and other precious metals.

1 Troy Ounce (oz) = 31.1035 grams
This is heavier than a regular ounce.

In the standard Avoirdupois system (used for most everyday items),
1 ounce = 28.35 grams, whereas
1 Troy ounce = 31.1035 grams.

That’s why whenever we see the prices of gold or silver in the global market, they are always quoted in Troy ounces, not in regular ounces.

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Difference Between GOLD 1 and GOLD 2 Contracts in MCX Futures

GOLD 1 – Near-Month Expiry:
MCX Futures offer multiple gold contracts with different expiry dates. The near-month contract, such as one expiring in March 2025, usually has higher trading volume because it is closer to the current date.
That’s why its price is often used as the benchmark.

GOLD 2 – Far-Month Expiry:
The far-month contract (next future month) typically trades at a higher price than the near-month.
This happens due to the Contango effect, where future prices are higher than the spot or near-term futures — mainly because of storage costs, interest rates, and other factors.

The price of the near-month contract is slightly lower than the far-month contract. The price of the next-month contract is higher because it includes carry costs and interest. It may also include a risk premium.

Carry costs include expenses like storage, insurance, and other related expenses.

Long-term holding: Holding a position for a longer period can lead to an increase in price.

The full form of iNAV is Indicative Net Asset Value. It is an estimated NAV that gets updated continuously throughout the trading session. iNAV is calculated specifically for ETFs (Exchange Traded Funds) to help investors understand the real-time value of the fund during market hours.

How is iNAV Calculated?

The formula for iNAV is:

Or in simple terms,
iNAV = (Total real-time market value of ETF holdings) ÷ (Total ETF units)

Difference Between NAV and iNAV

Physical Gold

Digital Gold

Gold Exchange Traded Funds

Gold Mutual Funds

Gold Futures & Options

International Market

Demand & Supply

Inflation & Interest Rates

Government Policies & Taxes

Stock Market & Economic Crisis

Geopolitical Events

Why Gold and Silver Prices Remain High

Natural Scarcity:
Gold and Silver are naturally scarce metals found in limited quantities on Earth. Their mining and extraction processes are expensive, complex, and time-consuming, which adds to their overall value.

High Demand:
The demand for Gold and Silver has always remained strong. They are widely used in jewelry, investments, industrial applications, and central bank reserves — making them highly sought-after across the world.

Inflation & Economic Crisis:
During times of rising inflation or economic uncertainty, people naturally turn to Gold and Silver as safe-haven assets. This increased buying often pushes their prices even higher.

Impact of USD & INR:
Gold and Silver rates in the international market are denominated in U.S. dollars (USD). If the dollar strengthens or the Indian rupee (INR) weakens, the prices of Gold and Silver in India tend to rise accordingly.

Purity & Making Charges:
When you buy Gold or Silver jewelry, the final price includes additional costs like making charges, GST, and other taxes — making the purchase more expensive than just the raw metal rate.

Gold and Silver are not just metals; they are considered safe and valuable investments.
That’s why their prices usually stay strong over time.

If you are a long-term investor, investing in Gold and Silver right now could be a wise option. Although short-term volatility may occur, historically, Gold and Silver have provided good returns over longer periods.

We can check the Gold and Silver rates, ETF trading prices, and iNAV on websites like Moneycontrol and the NSE (National Stock Exchange).

When inflation rises, Gold and Silver rates also tend to increase.

Gold remains one of the most trusted and valuable assets in global and Indian markets. From daily price updates and ETF performance to MCX trends and international benchmarks like the London Bullion Association Rate, investors must stay informed to make wise decisions.

Whether you’re tracking spot prices, futures, or technical charts, this complete gold market coverage gives you a sharp, updated perspective — all in one place. Stay connected for real-time insights and actionable analysis.

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