Gold Prices Drop by Rs 320 per Sovereign on December 9
After remaining steady for a day, gold prices fell by ₹320 per sovereign on December 9, bringing the rate down to ₹96,000 per sovereign (8g) and ₹12,000 per gram a decline of ₹40 per gram.
On December 8, the metal was priced at ₹96,320 per sovereign and ₹12,040 per gram.
The month has seen sharp fluctuations. On November 29, gold touched ₹95,840 per sovereign, the highest in November, even as rates briefly slipped below ₹90,000 per sovereign. Earlier, on October 17, gold had surged to this year’s peak of ₹97,600 per sovereign, before dropping to ₹88,600 per sovereign on October 28.
According to market analysts, the current rally is supported by expectations of a US Federal Reserve rate cut and increased safe-haven buying. They believe gold could climb back to record highs if global economic uncertainties persist.
Since January 1, when gold was priced at ₹57,200 per sovereign, the metal has risen to ₹96,000 per sovereign, marking a massive increase of ₹38,800 about 67.8%.
Meanwhile, silver prices inched up by ₹1, now standing at ₹199 per gram (₹1,99,000 per kg).
Gold Price (22K) - Last 5 Days
Dec 8, 2025: ₹96,320 per sovereign | ₹12,040 per gram
Dec 6, 2025: ₹96,320 per sovereign | ₹12,040 per gram
Dec 5, 2025: ₹96,000 per sovereign | ₹12,000 per gram
Dec 4, 2025: ₹96,160 per sovereign | ₹12,020 per gram
Dec 3, 2025: ₹96,480 per sovereign | ₹12,020 per gram
Silver Price - Last 5 Days
Dec 8, 2025: ₹198 per gram
Dec 6, 2025: ₹199 per gram
Dec 5, 2025: ₹196 per gram
Dec 4, 2025: ₹200 per gram
Dec 3, 2025: ₹201 per gram
