India, May 16 -- Gold markets in India opened the weekend on a cautious note as global inflation fears, rising crude oil prices and strong US dollar movement continue to shape investor sentiment. Domestic bullion rates remain elevated despite short-term corrections, reflecting both international pressure and local demand strength while MCX gold futures are hovering above Rs.1.57 lakh per 10 grams, signaling a resilient long-term trend even amid volatility.

Domestic Gold Prices (India) - 16 May 2026

Note: Final purchase prices at retailers will include 3% GST and additional making charges, which typically range from 5% to 25% for physical silver items.

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