Gold prices in India saw a slight decline after hitting record highs in 2025. According to IBJA, 24-carat gold fell from ₹1,42,300 to ₹1,41,800 per 10 grams. Silver also softened, with Delhi prices dropping to ₹2,35,440 per kg. The fall is attributed to a 1.54% drop in international gold rates, currently trading at $4,462 per ounce.
Gold and Silver Prices Show Softening Across Major Indian Cities
New Delhi: In the Indian bullion market, gold prices witnessed a slight decline in the final days of 2025. After consistently reaching new highs in the past few weeks, gold prices fell today from their record levels. According to the India Bullion and Jewellers Association (IBJA), the price of 24-karat gold fell from ₹1,42,300 per 10 grams to ₹1,41,800. This decline is primarily due to a 1.54% drop in spot gold prices in the international market.
According to IBJA, the prices of different karats of gold on Tuesday morning are as follows:
24-karat gold: ₹1,36,781 per 10 grams
23-karat gold: ₹1,36,233
22-karat gold: ₹1,25,291
18-karat gold: ₹1,02,586
14-karat gold: ₹80,017
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Delhi: 24-karat – ₹1,39,390; 22-karat – ₹1,27,790; 18-karat – ₹1,04,580
Mumbai/Kolkata: 24-karat – ₹1,39,240; 22-karat – ₹1,27,640; 18-karat – ₹1,04,430
Chennai: 24-karat – ₹1,42,030; 22-karat – ₹1,30,190; 18-karat – ₹1,08,640
Patna: 24-karat – ₹1,39,290; 22-karat – ₹1,27,690; 18-karat – ₹1,04,480
Lucknow: 24-karat – ₹1,39,390; 22-karat – ₹1,27,790; 18-karat – ₹1,04,580
Gold prices in Delhi, Mumbai, and Kolkata have seen a slight decrease.
Along with gold, silver prices have also declined. In Delhi, silver recently reached ₹240,000 per kilogram, but it has now fallen to ₹235,440 per kilogram. However, in some retail markets, the price of silver is being quoted as high as ₹257,900 per kilogram.
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The main reason for the fall in gold prices is the decline in spot gold prices in the international market. Gold is trading at around $4,462 per ounce globally. According to experts, gold prices have fallen slightly due to the decline in the international market and stable domestic demand.
Experts advise investors to exercise caution at this time due to fluctuations in the precious metals market. The recent fall in the price of 24-karat gold, after reaching record highs, could present a favorable buying opportunity for long-term investors looking to add physical gold or gold-backed assets to their portfolios.
However, silver prices are also showing signs of volatility, with sudden short-term ups and downs, making it essential for investors to carefully analyze market trends, monitor international rates, and consider both demand and supply factors before making any investment decisions.
