Gold, silver rates today: Comex gold up $38/oz, silver rises $1.6 on US-Iran peace hopes and weak dollar by Live mint | April 16, 2026 9:00 pm | Indian Stocks, Market, News On 16 April, precious metal prices increased as hopes for US-Iran negotiations grew, supported by a weaker dollar. Gold futures reached $4,861, and silver hit $81. Easing inflation worries also contributed to positive market sentiment for bullion.