Gold and Silver Prices Experience Minor Decline on Year-End

On December 31, 2025, gold and silver prices experienced a slight decline amid stable domestic demand and global market fluctuations. Major cities reported varying prices for both metals, with gold remaining high after a year of significant gains. Silver also saw a drop, influenced by international market trends. Experts suggest that despite potential short-term corrections, both metals may continue to attract investors as safe-haven assets in the new year. This article provides a detailed overview of the current market situation for gold and silver.

By Narendra Chaudhary Dec 31, 2025, 11:05 IST

Gold and Silver Prices Dip Slightly as Year Concludes

New Delhi: On December 31, 2025, gold and silver prices across the country saw a slight decrease during the morning session. Amid fluctuations in global markets and a strengthening dollar, domestic demand remained stable. Nevertheless, prices are still elevated following a year of significant gains, prompting investors to exercise caution as the new year approaches.

Current Gold Prices in Major Cities (per 10 grams)

The table below outlines the morning prices for 22-carat and 24-carat gold (all taxes included):

City	22 Carat Gold (₹)	24 Carat Gold (₹)
Delhi	1,24,990	1,36,340
Mumbai	1,24,840	1,36,190
Ahmedabad	1,24,890	1,36,240
Chennai	1,24,840	1,36,190
Kolkata	1,24,840	1,36,190
Hyderabad	1,24,840	1,36,190
Jaipur	1,24,990	1,36,340
Bhopal	1,24,890	1,36,240
Lucknow	1,24,990	1,36,340
Chandigarh	1,24,990	1,36,340

(Note: These prices exclude local taxes and making charges. Please confirm with jewelers before making a purchase.)

Silver Prices Decline

On the morning of December 31, silver prices also experienced a drop. The price of silver across the country has reached ₹2,39,900 per kilogram. In international markets, the spot price of silver has hit $75.85 per ounce.

According to Jigar Trivedi, a senior research analyst at Reliance Securities, "Despite fluctuations in the near future, silver is supported by structural supply issues and strong industrial demand, particularly due to increased demand in solar panels, electronics, and data center infrastructure."

Experts believe that global uncertainties and industrial usage may keep silver strong, although short-term corrections are possible.

Review of 2025

This year, both gold and silver have provided impressive returns for investors. Gold has reached record highs, while silver has shown even greater momentum. As the new year approaches, both metals are expected to remain attractive options for safe investments.