What is the story about?
Gold prices continued their upward march on Saturday, December 27, touching fresh record levels across major Indian cities amid strong safe-haven demand
and growing expectations of interest rate cuts by the US Federal Reserve in 2026. Silver prices also extended gains, reflecting sustained investor interest in precious metals. In Mumbai, 24-carat gold was priced at Rs 1,40,030 per 10 grams, while 22-carat gold stood at Rs 1,28,360 per 10 grams. These rates exclude GST and making charges, which may vary across jewellers. Meanwhile, silver was trading at Rs 2,40,100 per kg in the spot market. Gold Rates Today in Major Indian Cities (December 27, 2025) Delhi
- 22K gold: Rs 1,28,510 per 10 grams
- 24K gold: Rs 1,40,180 per 10 grams
Jaipur
- 22K gold: Rs 1,28,510 per 10 grams
- 24K gold: Rs 1,40,180 per 10 grams
Ahmedabad
- 22K gold: Rs 1,28,410 per 10 grams
- 24K gold: Rs 1,40,080 per 10 grams
Pune
- 22K gold: Rs 1,28,360 per 10 grams
- 24K gold: Rs 1,40,030 per 10 grams
Mumbai
- 22K gold: Rs 1,28,360 per 10 grams
- 24K gold: Rs 1,40,030 per 10 grams
Hyderabad
- 22K gold: Rs 1,28,360 per 10 grams
- 24K gold: Rs 1,40,030 per 10 grams
Chennai
- 22K gold: Rs 1,28,360 per 10 grams
- 24K gold: Rs 1,40,030 per 10 grams
Bengaluru
- 22K gold: Rs 1,28,360 per 10 grams
- 24K gold: Rs 1,40,030 per 10 grams
Kolkata
- 22K gold: Rs 1,28,360 per 10 grams
- 24K gold: Rs 1,40,030 per 10 grams
CHECK HERE: GOLD PRICE TODAY IN INDIA
Why Are Gold Prices Rising?
Gold prices have surged to record highs globally, supported by a combination of factors:
- Rising geopolitical uncertainty, which has boosted demand for safe-haven assets
- Expectations of further interest rate cuts by the US Federal Reserve next year
- Strong central bank buying and sustained ETF inflows
- Ongoing de-dollarisation trends in global trade and reserves
So far this year, gold has gained more than 70%, marking its strongest annual performance since 1979. Silver has outperformed gold, rising over 150% during the same period, driven by investment demand and its inclusion on the US critical minerals list.
Factors Influencing Gold Prices in India
Gold prices in India are influenced by several domestic and global factors, including:
- International gold spot prices
- US dollar movement and interest rate outlook
- Import duties and local taxes
- Currency exchange rates
- Seasonal demand linked to weddings and festivals
Given gold’s dual role as both a cultural asset and an investment hedge, market participants closely track daily price movements. Investors are advised to monitor global cues alongside domestic rates before making buying or selling decisions.
