September 16, 2026: Gold and silver prices rose in the Indian bullion market, with 24-carat gold reaching ₹1,52,362 per 10 grams, while domestic equity markets ended higher. The government also announced measures to ease export compliance for small exporters, even as global crude oil prices declined.
Top India Headlines
- Gold Rises 1%, Silver Gains 1.1% in Indian Bullion Market
On September 16, 2026, 24-carat gold rose 1% to ₹1,52,362 per 10 grams, while silver gained 1.1% to ₹2,31,337 per kilogram. - Domestic Markets End Over 0.4% Higher; Sensex Gains 333 Points
Indian benchmark equity indices closed higher on September 16, 2026. The Sensex gained 333 points to settle at 74,336, while the Nifty rose 99 points to 23,218. - Government Removes Registration Requirement for Small Export Consignments
The government introduced an exemption from the Registration-cum-Membership Certificate (RCMC) or Certificate of Registration requirement for small-value export consignments of up to ₹3 lakh. The measure is aimed at reducing compliance burden for small exporters. - Rupee Closes Largely Unchanged at ₹95.96 Against US Dollar
The Indian rupee closed largely unchanged at ₹95.96 against the US dollar in the forex market on September 16, 2026. - Global Crude Oil Prices Decline in Intra-Day Trade
Brent crude was trading 1.2% lower at $107.44 per barrel, while West Texas Intermediate crude declined 1.8% to $103.93 per barrel during intra-day trade on September 16, 2026. - BIS Raises Hallmarking Charges for Gold Articles
The Bureau of Indian Standards revised hallmarking charges for gold and silver articles. The fee for gold has increased from ₹45 to ₹75 per article, while the charge for silver remains unchanged at ₹35 per article. The revised charges will come into effect as announced by BIS.
