Gold price today: Check December 31 rates for 22 karat and 24 karat gold in major cities

 

22K & 24K Gold Price Today: After delivering exceptional returns and outpacing most global asset classes in 2025, gold and silver are now witnessing bouts of correction, with prices coming under pressure following a year marked by repeated record-breaking rallies, analysts said.

Traders noted that Gold Rates in India  dipped, with Gold prices in Delhi and other key metros reflecting the latest downfall.

In the domestic market, gold touched a lifetime high of Rs 1,42,300 per 10 grams on December 26, while silver scaled a record peak of Rs 2,41,000 per kg on December 30. However, after the sharp rally, bullion prices have faced selling pressure, as investors booked profits at elevated levels.

Fed Pivot, Trump Tariffs Drove 2025 Rally

Analysts said the rally in bullion gathered momentum after the US Federal Reserve pivoted towards policy easing. The central bank delivered three cautious 25-basis-point rate cuts in 2025 amid signs of cooling inflation, weakening the US dollar and lending strong support to gold and silver prices.

“The rally in gold and silver over the past year was driven by a powerful mix of macro factors such as structural demand and physical supply tightness,” said Naveent Damani, Head of Research – Commodities at Motilal Oswal Financial Services Ltd.

Damani noted that 2025 marked a clear inflection point for the Fed, with rate cuts delivered amid divided voting and visible political pressure. With US Fed Chair Jerome Powell’s term ending in May 2026 and expectations of a more dovish successor, bullion markets are likely to remain sensitive to policy signals. “Bullion is likely to react ahead of policy, keeping the bias constructive despite brief corrective phases,” he said.

Gold Rates Across Major Cities In India On Dec 31

Gold Price In Delhi Today

 

The current gold price in Delhi stands at Rs 13,603 per gram for 24-karat gold (commonly known as 999 gold) and Rs 12,470 per gram for 22-karat gold.

Gold Price In Chennai Today

The current gold price in Chennai stands at Rs 13,691 per gram for 24-karat gold (commonly known as 999 gold) and Rs 12,550 per gram for 22-karat gold.Gold Price In Bengaluru Today

The current gold price in Bengaluru stands at Rs 13,588 per gram for 24-karat gold (commonly known as 999 gold) and Rs 12,455 per gram for 22-karat gold.

Gold Price In Mumbai Today

The current gold price in Mumbai stands at Rs 13,588 per gram for 24-karat gold (commonly known as 999 gold) and Rs 12,455 per gram for 22-karat gold.

Gold Price In Pune Today

The current gold price in Pune stands at Rs 13,588 per gram for 24-karat gold (commonly known as 999 gold) and Rs 12,455 per gram for 22-karat gold.

Gold Price In Kolkata Today

The current gold price in Kolkata stands at Rs 13,588 per gram for 24-karat gold (commonly known as 999 gold) and Rs 12,455 per gram for 22-karat gold.

City	22k Gold Per Gram	24k Gold Per Gram
Gold Rate in Delhi	12,470	13,603
Gold Rate in Chennai	12,550	13,691
Gold Rate in Bangalore	12,455	13,588
Gold Rate in Mumbai	12,455	13,588
Gold Rate in Pune	12,455	13,588
Gold Rate in Kolkata	12,455	13,588
Gold Rate in Hyderabad	12,395	13,522
Gold Rate in Ahmedabad	12,460	13,593
Gold Rate in Indore	12,460	13,593
Gold Rate in Lucknow	12,470	13,603
Gold Rate in Coimbatore	12,550	13,691
Gold Rate in Bhubaneswar	12,395	13,522
Gold Rate in Mysore	12,395	13,522
Gold Rate in Kanpur	12,470	13,603
Gold Rate in Salem	12,550	13,691
Gold Rate in Visakhapatnam	12,395	13,522
Gold Rate in Vijayawada	12,395	13,522
Gold Rate in Patna	12,400	13,527 As of December 31, 2025, gold prices in India have seen a slight correction, following a year of historic highs.1 Most major cities have witnessed a marginal dip in rates as investors engage in year-end profit booking.2 On average, the national price for 24-karat gold is hovering around ₹13,588 per gram, while 22-karat gold (commonly used for jewellery) is trading near ₹12,455 per gram.3 Gold Rates Today (Per 10 Grams) Here are the current rates for 22K and 24K gold across major Indian cities: City 22 Karat (10g) 24 Karat (10g) Mumbai ₹1,24,550 ₹1,35,880 Delhi ₹1,24,700 ₹1,36,030 Bengaluru ₹1,24,550 ₹1,35,880 Chennai ₹1,25,500 ₹1,36,910 Hyderabad ₹1,23,950 ₹1,35,220 Kolkata ₹1,24,550 ₹1,35,880 Pune ₹1,24,550 ₹1,35,880 Ahmedabad ₹1,24,600 ₹1,35,930 Key Market Highlights Correction Phase: After hitting an all-time high of approximately ₹1,42,300 per 10 grams (24K) on December 26, prices have cooled off by roughly 4–5% in the final sessions of the year.4 Global Context: International spot gold is trading near $4,350 per ounce.5 Despite the recent dip, gold remains one of the top-performing assets of 2025, with annual gains exceeding 75%. Silver Update: Silver prices also saw a decline today, trading at approximately ₹2,39,900 per kg in major northern cities, while staying slightly higher in Chennai due to local taxes.6 Note: The prices mentioned above are indicative and do not include GST (typically 3%), TCS, or making charges applied by local jewelers.7 Would you like me to calculate the final price for a specific weight of gold including the 3% GST?

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