Gold prices continued their upward trend in India on December 26, with 24-carat gold touching ₹139,410 per 10 grams in Delhi. Strong global cues and central bank buying supported prices. Silver also surged sharply.
Gold Shines as Top Investment Choice
New Delhi: Gold prices in India continue their upward trend. On the morning of December 26th, the price of 24-karat gold in Delhi rose to ₹1,39,410 per 10 grams. 22-karat gold was trading at ₹1,27,810 per 10 grams. According to market experts, this surge in gold prices is due to global cues and strong demand.
Gold prices remain strong in other major cities like Mumbai, Chennai, and Kolkata. In these cities, 24-karat gold is trading at ₹1,39,260 per 10 grams and 22-karat gold at ₹1,27,660 per 10 grams. Similar rates are being observed in Pune and Bengaluru, indicating that gold rates are fairly uniform across the country.
Besides Delhi, 24-karat gold has reached ₹1,39,410 per 10 grams in Jaipur, Lucknow, and Chandigarh. In Ahmedabad and Bhopal, the price of 24-karat gold was recorded at ₹1,39,310 per 10 grams. The price of 22-karat gold in these cities is around ₹1,27,710 per 10 grams. Further fluctuations in prices are expected during the festive and wedding seasons.
Gold prices also remain high in the international market. On December 26th, the spot price of gold was recorded at $4,525.96 per ounce. Due to global economic uncertainty, geopolitical tensions, and central bank purchases, investors are turning to gold as a safe-haven asset.
Gold has performed exceptionally well so far in 2025. Domestic gold prices have seen a surge of approximately 73.7 percent. With investors receiving better returns, gold has once again emerged as a preferred investment option. Experts believe that inflation and potential changes in global interest rates are also supporting gold prices.
Several major global financial institutions, including Goldman Sachs, have predicted further gains in gold prices next year. Goldman Sachs says that the price of gold could reach $4,900 per ounce by December 2026. According to the report, several central banks around the world may continue to buy gold in the coming period, which will further strengthen prices.
Along with gold, silver prices are also witnessing a strong surge. On December 26, the price of silver rose to ₹234,100 per kilogram. The previous day, in the Indore bullion market, silver closed at ₹221,000 per kilogram, a gain of ₹1,000. In the international market, the spot price of silver was recorded at $72.70 per ounce.
This year, silver prices have increased by approximately 151 percent in international markets and 153 percent in the domestic market. According to experts, the prices of silver may remain strong in the future due to industrial demand and increasing investor interest.
