Gold prices on December 25: Check rates for Mumbai, Delhi and other cities

Gold prices edged higher in early trade on Thursday with 24carat gold gaining Rs 10 to trade at Rs 138940 per 10 grams Silver prices also moved up rising Rs 100 to Rs 233100 per kilogramThe price of 22carat gold increased by Rs 10 to Rs 127360 per 10 gramsAcross major cities 10 grams of 24carat gold was priced at Rs 138940 in Mumbai and Kolkata Rs 139090 in Delhi and Rs 139650 in ChennaiFor 22carat gold prices stood at Rs 127360 per 10 grams in Mumbai Kolkata Bengaluru and Hyderabad while Chennai recorded a higher rate of Rs 128010 In Delhi 10 grams of 22carat gold was priced at Rs 127510Silver prices remained uniform at Rs 233100 per kilogram in Delhi Kolkata and Mumbai while Chennai quoted a higher price of Rs 244100 per kilogramSilver surges to record Rs 227kg in Delhi breaches USD 72ouncemark in global marketsMeanwhile silver prices surged Rs 9750 to hit a new record of Rs 227000 per kilogram in the national capital on Wednesday even as the white metal breached the USD 72 per ouncemark in overseas markets according to the All India Sarafa AssociationOn Tuesday the metal had settled at Rs 217250 per kgSpot silver crossed the USD 72 level as the bullion prices hit record highs in the international markets Saumil Gandhi Senior Analyst Commodities at HDFC Securities told PTIDuring the calendar year the white metal has risen by Rs 137300 or 15306 per cent from Rs 89700 per kilogram recorded on December 31 2024Gandhi further stated that a weak US dollar expectations of dovish monetary policy from the US Federal Reserve and ongoing geopolitical tensions continue to act as tailwinds for the precious metalMeanwhile the precious metal of 999 per cent purity retreated from a record high in the local bullion market by a tad and traded lower by Rs 50 at Rs 140800 per 10 grams inclusive of all taxes against the previous close of Rs 140850 per 10 grams on TuesdayIn the international markets spot gold crossed the USD 4500 per ouncemark for the first time by rising USD 4118 or 092 per cent to USD 452596 per ounceSpot gold reached a fresh record high of USD 4525 per ounce in the Asian session as the US dollar remains on defensive Praveen Singh Head of Commodities and Currencies Mirae Asset ShareKhan told PTIIn the last four sessions the precious metal has risen by USD 18646 or 43 per cent from the closing price of USD 433950 on December 19 2025So far this year the metal has added USD 192019 or 737 per cent from USD 260577 per ounce recorded on December 31 2024Extending the gains for the fourth consecutive day spot silver went up by USD 122 or 171 per cent to hit a fresh high of USD 7270 per ounce in the overseas tradeSpot silver rose to hit record USD 72 per ounce setting new records fuelled by anticipation of further monetary policy easing by the US Federal Reserve and increased geopolitical tensions Renisha Chainani Head Research at Augmont told PTIIn the past four sessions the white metal has risen by USD 556 or 83 per cent from USD 6714 per ounce recorded on December 19 2025So far this year silver prices have surged by USD 4373 or 151 per cent recorded on December 31 2024The rising tensions between the US and Venezuela have boosted safehaven flows into the bullion prices Further US Q3 GDP data failed to strengthen the US dollar despite increased bets on two Fed rate cuts in 2026 Chainani told PTIWith inputs from PTI