Gold Price Today: Gold and Silver Extend Rally for Second Straight Day; Check Latest Rates in 10 Major Indian Cities

Gold and silver prices in India continued their upward momentum on Tuesday, December 23, 2025, marking the second consecutive day of gains in the domestic bullion market. After a brief period of stability, both precious metals have once again turned costlier, driven by firm global cues, sustained investor interest, and expectations of long-term strength in commodities.

In the national capital, gold prices edged higher across all purity levels, while silver also registered a fresh rise after remaining stable earlier. The renewed rally has caught the attention of investors as well as retail buyers, especially ahead of the year-end period.

Gold Prices Rise Again After Brief Pause

Gold prices have resumed their upward trend after staying flat for two days. In Delhi, the price of 24-carat gold increased by ₹10 per 10 grams, while 22-carat gold also became dearer by ₹10 per 10 grams on Tuesday. Over the last two days alone, 24-carat gold prices have jumped by ₹1,980 per 10 grams, while 22-carat gold has risen by ₹1,810 per 10 grams, reflecting strong buying momentum.

Market experts attribute this rise to supportive international trends, a weaker global currency outlook, and continued demand for gold as a safe-haven asset. Despite prices being near record levels, gold has maintained its appeal among long-term investors.

City-Wise Gold Rates in India Today

Here are the latest prices of 10 grams of gold across major Indian cities for different purity levels:

• Delhi:

  • 24-carat: ₹1,36,310

  • 22-carat: ₹1,24,960

  • 18-carat: ₹1,02,270

• Mumbai:

  • 24-carat: ₹1,36,160

  • 22-carat: ₹1,24,810

  • 18-carat: ₹1,02,120

• Kolkata:

  • 24-carat: ₹1,36,160

  • 22-carat: ₹1,24,810

  • 18-carat: ₹1,02,120

• Chennai:

  • 24-carat: ₹1,37,140

  • 22-carat: ₹1,25,710

  • 18-carat: ₹1,04,910

• Bengaluru, Hyderabad:

  • 24-carat: ₹1,36,160

  • 22-carat: ₹1,24,810

  • 18-carat: ₹1,02,120

• Lucknow, Jaipur:

  • 24-carat: ₹1,36,310

  • 22-carat: ₹1,24,960

  • 18-carat: ₹1,02,270

• Patna, Ahmedabad:

  • 24-carat: ₹1,36,210

  • 22-carat: ₹1,24,860

  • 18-carat: ₹1,02,170

Among these cities, Chennai continues to record the highest gold prices, especially for 24-carat and 18-carat gold.

Silver Shines for the Second Consecutive Day

Silver prices have also followed gold’s upward path. After staying unchanged for a day, silver prices in Delhi have increased by ₹5,100 per kilogram over the last two days. On December 23, silver was trading at ₹2,19,100 per kilogram in Delhi, up by ₹100 compared to the previous session.

In Mumbai and Kolkata, silver is being sold at similar levels. However, Chennai has the most expensive silver market, where prices have climbed to ₹2,31,100 per kilogram, making it the costliest among major metropolitan cities.

The recent volatility in silver prices reflects a mix of industrial demand, global market movements, and speculative interest.

How High Can Gold Prices Go?

Looking ahead, some global market experts remain extremely bullish on gold’s long-term prospects. Renowned American economist and market strategist Ed Yardeni believes that gold could witness a historic rally by the end of this decade. According to him, gold prices may reach $10,000 per ounce by 2029.

At present, gold is trading close to $4,400 per ounce on the COMEX exchange in New York. If this projection materializes, it would translate into a 127% rise over the next few years. In the Indian context, such a surge could push gold prices beyond ₹3 lakh per 10 grams by 2029, assuming current trends continue.

Yardeni emphasizes that gold continues to play a critical role in investment portfolios. He notes that historical data shows that whenever gold enters a strong rally phase, it often exceeds market expectations by a wide margin.

Conclusion

Gold and silver prices in India are once again on the rise, extending their gains for the second straight day. While short-term fluctuations are expected, the broader outlook for precious metals remains positive due to global uncertainty, strong investment demand, and optimistic long-term forecasts. Investors, however, are advised to monitor market developments closely and take informed decisions based on their financial goals.

Disclaimer: Commodity prices are subject to market risks. Investors should consult financial experts before making investment decisions.