Gold prices in India remained largely steady on Thursday, December 18, with marginal fluctuations reflecting ongoing global and domestic market influences.
Long considered a safe-haven asset, gold continues to attract investors due to its historical ability to protect wealth during inflationary phases and periods of economic uncertainty. In India, gold prices are shaped by international bullion trends, movements in the US dollar, and domestic demand for jewellery, which typically rises during festive and wedding seasons. As per the latest available data from Goodretuns, 24 carat gold is priced at Rs 13,452 per gram, while 22 carat gold stands at Rs 12,331 per gram and 18 carat gold at Rs 10,089 per gram. Prices have shown mild volatility in recent days, with today’s rates recording a slight increase of Re 1 per gram compared to yesterday. For generations, gold has played a dual role in India, as both an emotional asset and a financial safeguard. Gold Prices Across Major Cities Across major cities, 24K gold prices remain largely uniform, with Chennai, Coimbatore, and Madurai quoting a higher rate of Rs 13,529 per gram, while Mumbai, Bangalore, Hyderabad, Kerala, Pune, Kolkata, Vijayawada, Nagpur, Surat, and Bhubaneswar are priced at Rs 13,452. Delhi, Jaipur, Lucknow, and Chandigarh report rates of Rs 13,467, while Ahmedabad and Vadodara stand at Rs 13,457. Corresponding 22K and 18K gold prices vary by city, generally ranging between Rs 12,331–Rs 12,401 for 22K gold and Rs 10,089–Rs 10,351 for 18K gold per gram. Silver Rates in India On December 18 Alongside gold, silver remains an important commodity for both investment and industrial use. Today, silver is priced at Rs 208.10 per gram and Rs 2,08,000 per kilogram in India. Though more affordable than gold, silver sees strong demand due to its extensive use in manufacturing, electronics, and jewellery. Its pricing, much like gold, is influenced by global market trends and industrial demand cycles.
