Gold Price Today: Gold Rates Continue to Rise, Silver Also Shines; Check the Latest Prices

Gold and silver prices continue their upward trend across India, driven by a mix of domestic and global market factors. On the morning of December 12, gold prices once again surged, with 24-carat gold touching ₹1,30,910 per 10 grams in Delhi. In Mumbai, the same purity is priced at ₹1,30,760 per 10 grams.

In the international market, spot gold is trading at $4,213.12 per ounce. After the US Federal Reserve announced a 0.25% cut in the benchmark interest rate, investor interest in gold has increased. Lower interest rates generally reduce bond yields, prompting investors to park funds in safer assets such as gold.

Gold Prices in Major Indian Cities

Here are the latest gold rates across key cities:

Delhi

• 24-carat gold: ₹1,30,910 per 10 grams

• 22-carat gold: ₹1,20,010 per 10 grams

Mumbai, Chennai & Kolkata

• 22-carat gold: ₹1,19,860 per 10 grams

• 24-carat gold: ₹1,30,760 per 10 grams

Pune & Bengaluru

• 22-carat gold: ₹1,19,860 per 10 grams

• 24-carat gold: ₹1,30,760 per 10 grams

Gold Price Table (Today)

Gold’s Big Rally in 2025

So far this year, gold prices in the domestic market have jumped 67%, reflecting strong global cues and currency fluctuations. Analysts believe that if international conditions remain steady and the rupee weakens further, gold could rise an additional 5% to 16% in 2026. As per the London Bullion Market Association (LBMA), global gold prices have climbed nearly 60% this year.

Silver Price Today

Silver is also witnessing a strong upswing. On December 12, silver reached ₹2,01,100 per kilogram, after hitting a fresh record high a day earlier. Since the beginning of the year, silver prices have surged 116.72%, outperforming gold in terms of returns.

The rally in silver is driven by:

• Reduced global supply

• Higher demand from China

• Rising industrial consumption

In the overseas market, spot silver is trading at $62.88 per ounce.