Gold slumps! 24K, 22K, 18K prices plummet on December 19; check here
New Delhi (The Uttam Hindu): Gold and silver prices have surged in 2025, with silver rising over 135% and gold hitting new highs, attracting investors away from the stock market. However, the bullion market saw a decline in early trading today.
Current Prices:
Silver: ₹2,11,100 per kg
24-carat gold: ₹1,34,850 (Mumbai), ₹1,35,000 (Delhi, Jaipur), ₹1,34,900 (Ahmedabad), ₹1,34,850 (Pune, Hyderabad, Chennai, Bengaluru, Kolkata)
22-carat gold: ₹1,23,610 (Mumbai), ₹1,23,760 (Delhi, Jaipur), ₹1,23,660 (Ahmedabad), ₹1,23,610 (other cities)
Global Trends:
Switzerland's gold exports fell 15% in November, with exports to India dropping from 26 tons to 2 tons.
Exports to China and other countries rose from 2 tons to 12 tons.
Expert Insights:
Gold and silver may remain strong long-term due to geopolitical tensions, rupee weakness, inflation, and interest in safe-haven assets. Short-term prices may fluctuate due to profit-booking.