Last Updated:
Gold and Silver Rates Today, December 24: In Mumbai, the price of 24-carat gold stands at Rs 1,38,930 per 10 grams, while 22k gold is available at Rs 1,27,350 per 10 grams.
Gold & Silver Prices Today.
Gold and Silver Rates Today, December 24: Continuing its upside momentum, gold and silver prices hit record highs on Wednesday, December 24, amid safe-haven demand and expectations that US interest rates will fall further next year. In Mumbai, the price of 24-carat gold stood at Rs 1,38,930 per 10 grams, while 22k gold was available at Rs 1,27,350 per 10 grams. These rates do not include GST and making charges. Silver was available at Rs 2,33,000 per kg in the spot market.
What Is The Price Of 22kt, 24kt Gold Rates Today In India Across Key Cities On December 24?
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | Rs 1,27,500 | Rs 1,39,080 |
| Jaipur | Rs 1,27,500 | Rs 1,39,080 |
| Ahmedabad | Rs 1,27,400 | Rs 1,38,980 |
| Pune | Rs 1,27,350 | Rs 1,38,930 |
| Mumbai | Rs 1,27,350 | Rs 1,38,930 |
| Hyderabad | Rs 1,27,350 | Rs 1,38,930 |
| Chennai | Rs 1,27,350 | Rs 1,38,930 |
| Bengaluru | Rs 1,27,350 | Rs 1,38,930 |
| Kolkata | Rs 1,27,350 | Rs 1,38,930 |
In the international market, gold prices surged past the $4,500-an-ounce mark for the first time on Wednesday, while silver and platinum also scaled record highs.
Spot gold rose 0.1% to $4,492.51 per ounce by 0359 GMT, after touching a record high of $4,525.19 earlier in the session. US gold futures for February delivery climbed 0.3% to a record high of $4,520.60.
Silver gained 1.2% to $72.27 an ounce, after hitting an all-time peak of $72.70 earlier, while platinum jumped 3.3% to $2,351.05 after rising to a historic high of $2,377.50.
Palladium climbed almost 2% to $1,897.11, its highest level in three years.
“Precious metals have become more of a speculative narrative around the idea that, with de-globalization, you need an asset that can act as a neutral go-between, without sovereign risk particularly as tensions between the US and China persist,” said Ilya Spivak, head of global macro at Tastylive.
Thin year-end liquidity exaggerated recent price moves but the broader theme was likely to endure, with gold targeting $5,000 over the next six to twelve months and silver potentially pushing toward $80 as markets respond to key psychological levels, Spivak added.
Gold has surged more than 70% this year, its biggest annual gain since 1979, driven by safe-haven demand, expectations of US rate cuts, robust central-bank buying, de-dollarisation trends and ETF inflows, with traders pricing in two rate cuts next year.
Silver has jumped more than 150% over the same period, outpacing gold on strong investment demand, its inclusion on the US critical minerals list and momentum buying.
What Factors Affect Gold Prices In India?
International market rates, import duties, taxes, and fluctuations in exchange rates primarily influence gold prices in India. Together, these factors determine the daily gold rates across the country.
In India, gold is deeply cultural and financial. It is a preferred investment option and is key to celebrations, particularly weddings and festivals.
With constantly changing market conditions, investors and traders monitor fluctuations closely. Staying updated is crucial for effectively navigating dynamic trends.
Click here to add News18 as your preferred news source on Google.
December 24, 2025, 10:05 IST
Read More
