BUSINESS
Gold Price Today: Rates Slip from Record High — Check Latest 24K, 22K and 18K Gold Prices in Major Cities
After weeks of rapid gains, gold prices in India witnessed a mild correction on Tuesday, easing from their record-setting highs. The domestic bullion market has been highly volatile in the final days of 2025, and many investors are now watching prices closely to assess whether the rally has paused — or if a further drop is coming.
According to the latest update from the Indian Bullion and Jewellers Association (IBJA), 24-carat gold — which had recently surged to an unprecedented ₹1,42,300 per 10 grams (including all taxes) — has now dipped by nearly ₹500, trading around ₹1,41,800 per 10 grams. Market experts attribute this decline mainly to profit booking and weakness in international spot gold prices.
Why Are Gold Prices Falling Today?
Global gold rates saw a correction of nearly 1.54%, bringing spot prices down to around $4,462 per ounce. This decline spilled over into the Indian market as traders reacted to international cues. Despite this temporary setback, analysts believe gold remains on track for one of its strongest year-end performances in decades — supported by strong demand from central banks and expectations of softer interest rates in the years ahead.
IBJA Gold Price Based on Purity — Latest Rates (Per 10 Grams)
| Purity | Price (₹) |
|---|---|
| 24 Carat | 1,36,781 |
| 23 Carat | 1,36,233 |
| 22 Carat | 1,25,291 |
| 18 Carat | 1,02,586 |
| 14 Carat | 80,017 |
(Prices as issued by IBJA on Tuesday morning)
City-Wise Gold Price Today (Per 10 Grams)
Gold prices continue to vary slightly across major Indian cities due to local taxes and logistics. Here is the latest comparison:
| City | 24 Carat (₹) | 22 Carat (₹) | 18 Carat (₹) |
|---|---|---|---|
| Delhi | 1,39,390 | 1,27,790 | 1,04,580 |
| Mumbai | 1,39,240 | 1,27,640 | 1,04,430 |
| Kolkata | 1,39,240 | 1,27,640 | 1,04,430 |
| Chennai | 1,42,030 | 1,30,190 | 1,08,640 |
| Patna | 1,39,290 | 1,27,690 | 1,04,480 |
| Lucknow | 1,39,390 | 1,27,790 | 1,04,580 |
Among major metros, Chennai remains the costliest market for gold buyers, reflecting strong regional demand.
Silver Prices Also Cool After Record Surge
Silver prices have also shown signs of correction after touching historic highs earlier this week. In Delhi, rates crossed ₹2,40,000 per kg, but IBJA now reports a dip to around ₹2,35,440 per kg. Retail platforms like GoodReturns are quoting even higher levels in some regions — up to ₹2,57,900 per kg, indicating continued volatility.
Experts suggest that both precious metals are reacting to global price swings and slower liquidity during the holiday season. However, long-term sentiment remains positive due to expectations of monetary easing by the US Federal Reserve in 2026.
Key Takeaway for Buyers
✔ Gold remains near historic highs despite the slight cooling
✔ Urban markets like Delhi, Mumbai and Kolkata are showing similar price trends
✔ Silver continues to experience sharp fluctuations
✔ Good time for investors waiting for minor corrections
As always, market analysts advise customers and investors to track rates closely and consult certified financial advisors before making major purchases or investment decisions.
