What is the story about?
Gold prices moved slightly higher across India on Friday, supported by firm global trends and steady domestic demand amid the ongoing wedding and festive
season. On December 26, the price of 24-carat gold climbed to Rs 13,926 per gram, marking a marginal uptick from the previous session. The rise reflects continued investor preference for safe-haven assets amid global economic uncertainty and expectations around interest-rate movements in major economies. 22-carat gold, the most commonly used purity for jewellery in India, also edged up and is trading close to Rs 12,770 per gram in most key markets. Silver prices, however, remained largely flat, pausing after recent gains seen earlier this month. Gold prices today: key highlights
- 24K gold price: Rs 13,926 per gram
- 22K gold price: Around Rs 12,760–12,780 per gram
- Price movement: Marginal increase compared to previous close
- Market sentiment: Cautiously positive amid global uncertainty
- Demand trend: Stable due to wedding and festive buying
Check Here: City-wise gold rates on December 26
Gold prices vary slightly across cities due to local taxes, transportation costs and jewellers’ margins.
Here are the approximate rates in major cities:
- Mumbai
- 24K gold: Rs 13,926 per gram
- 22K gold: Rs 12,770 per gram
- Delhi
- 24K gold: Rs 13,926 per gram
- 22K gold: Rs 12,760 per gram
- Chennai
- 24K gold: Rs 13,940 per gram
- 22K gold: Rs 12,785 per gram
- Kolkata
- 24K gold: Rs 13,926 per gram
- 22K gold: Rs 12,770 per gram
- Bengaluru
- 24K gold: Rs 13,920 per gram
- 22K gold: Rs 12,760 per gram
- Hyderabad
- 24K gold: Rs 13,920 per gram
- 22K gold: Rs 12,760 per gram
- Kochi
- 24K gold: Rs 13,945 per gram
- 22K gold: Rs 12,790 per gram
(Prices are indicative and may vary across jewellers depending on making charges and local levies.)
What is driving gold prices?
Several global and domestic factors continue to influence gold rates:
- Expectations of interest-rate cuts by major central banks in 2026
- Fluctuations in the US dollar index
- Ongoing geopolitical tensions supporting safe-haven demand
- Seasonal jewellery demand in India
- Investor positioning ahead of year-end market cues
Outlook for gold investors
Market analysts believe gold prices may remain range-bound in the near term, with limited upside unless global uncertainty intensifies further. However, the long-term outlook remains positive as easing monetary conditions, geopolitical risks and central-bank buying continue to support the yellow metal.
Retail buyers are advised to:
- Track daily price movements before making purchases
- Compare city-wise rates and jeweller charges
- Consider long-term investment goals rather than short-term price fluctuations
With the wedding season still underway in several parts of the country, jewellers expect demand to stay steady, even as buyers remain cautious about sudden price spikes.
