India, Dec 31: Gold continues to remain a preferred investment for Indians, especially during periods of economic uncertainty. As per the latest data from Goodreturns, gold prices show minimal change compared to the previous day. The current rate for 24-carat gold stands at Rs 13,619 per gram, 22-carat gold at Rs 12,484 per gram, and 18-carat gold at Rs 10,192 per gram, reflecting a marginal decrease of Re 1 per gram.
Why Gold Remains a Popular Investment
Gold has historically been a trusted store of value, providing protection against inflation, currency fluctuations, and global economic instability. Its tangible nature and universal acceptance make it an attractive investment, while cultural significance in India drives demand during festivals, weddings, and other auspicious occasions.
Factors Affecting Gold Prices in India
Gold rates in India are influenced by both global and domestic factors. Internationally, movements in the US dollar, geopolitical developments, and global gold prices play a major role. Domestically, jewellery demand, seasonal buying trends, import duties, and taxes contribute to price variations across cities.
City-Wise Gold Rates (Dec 31, 2025)
Chennai: 24-carat Rs 13,745 | 22-carat Rs 12,599 | 18-carat Rs 10,504
Mumbai & Kolkata: 24-carat Rs 13,619 | 22-carat Rs 12,484 | 18-carat Rs 10,192
Delhi: 24-carat Rs 13,634 | 22-carat Rs 12,499 | 18-carat Rs 10,207
Other cities (Bangalore, Hyderabad, Pune, Kerala): Rates aligned with Mumbai; Jaipur, Lucknow, Chandigarh slightly higher
Overall, gold prices remain relatively stable with minor volatility, offering investors and buyers updated benchmarks for informed decisions.
Silver Prices
Silver, another popular precious metal, is currently priced at Rs 239.90 per gram (Rs 2,39,900 per kilogram). Like gold, silver prices are influenced by investment demand as well as industrial and manufacturing use, leading to occasional price swings.