Gold Price Nears Rs 1 Lakh Mark in City; Silver Hits Yearly High
The gold rate in the city continues its upward march, edging closer to the ₹1 lakh milestone. On December 22, gold rose by ₹640 per sovereign, taking the price to ₹99,840 per sovereign (8 grams) and ₹12,480 per gram, an increase of ₹80 per gram.
On December 20, gold was priced at ₹99,200 per sovereign and ₹12,400 per gram, marking a marginal rise of ₹20. The yellow metal had earlier touched its highest price of the year at ₹1,00,120 per sovereign on December 15.
Market experts attribute the ongoing rally to the US Federal Reserve’s widely anticipated interest rate cut and its indication of further easing next year. This move weakened the US dollar, boosting global safe-haven demand for gold. Additionally, a record-low rupee has supported higher domestic prices.
Previously, gold had reached a yearly high of ₹97,600 per sovereign (₹12,200 per gram) on October 17.
Since the beginning of the year, gold prices have surged significantly. On January 1, gold was priced at ₹57,200 per sovereign (₹7,150 per gram). As of December 22, prices have climbed by ₹42,640 per sovereign—an increase of nearly 74.5%.
Silver also recorded a sharp rise, increasing by ₹5 to trade at ₹231 per gram (₹2,31,000 per kg) on December 22. This marks the highest silver price recorded so far this year.
Gold Price Trend (22-carat) - Last Five Days
December 20, 2025: ₹99,200 per sovereign | ₹12,400 per gram
December 19, 2025: ₹99,040 per sovereign | ₹12,380 per gram
December 18, 2025: ₹99,520 per sovereign | ₹12,440 per gram
December 17, 2025: ₹99,200 per sovereign | ₹12,400 per gram
December 16, 2025: ₹98,800 per sovereign | ₹12,350 per gram
Silver Price Trend - Last Five Days
December 20, 2025: ₹226 per gram
December 19, 2025: ₹221 per gram
December 18, 2025: ₹224 per gram
December 17, 2025: ₹222 per gram
December 16, 2025: ₹211 per gram
