Gold price crosses ₹1 lakh per sovereign in India; Today’s gold and silver rates – December 16, 2025

Gold prices in India today remain elevated, with the price of a gold sovereign (8 grams) crossing the ₹1 lakh mark, reflecting strong investor confidence in the precious metal. Gold continues to be seen as a safe hedge against inflation and economic uncertainty, prompting sustained demand from both investors and jewellery buyers. The surge in sovereign prices highlights gold’s growing importance as a long-term store of value. The latest gold rates listed below — including per gram and sovereign prices — are updated today and sourced from reputed jewellers across the country. These prices are shared strictly for informational purposes, and buyers are advised to use a gold rate calculator to determine the exact purchase cost.

Gold price in India today, December 16, 2025

• 24 Karat Gold: ₹13,539 per gram
• 22 Karat Gold: ₹12,411 per gram
• 18 Karat Gold: ₹10,155 per gram
• Gold Sovereign (8 grams): Above ₹1,00,000

Gold rates in major Indian cities (1 gram)

Why are gold prices rising in India?

• Currency movement

Gold prices in India are influenced by the rupee’s movement against the US dollar. A weaker rupee makes gold imports costlier, pushing domestic prices higher.

• Global market factors

International developments such as geopolitical tensions, economic slowdown fears and fluctuations in the US dollar play a key role in determining gold prices.

• Demand trends

Strong demand from investors and consumers supports higher gold prices, while weaker demand can lead to price corrections.

• Interest rate changes

Gold prices tend to fall when interest rates rise in major economies like the US, as investors prefer interest-bearing assets. Lower interest rates, however, usually favour gold.

• Government policies

At times, government measures aimed at controlling imports or managing the current account deficit can influence gold consumption and pricing.

• Impact of high prices

With gold rates rising sharply — and sovereign prices crossing ₹1 lakh — jewellery demand has shown signs of moderation, while investment interest remains strong.

Silver price in India today

• Silver price per gram: ₹203.10
• Silver price per kilogram: ₹2,03,100

Silver prices in India largely track international market trends and currency movements. A fall in the rupee against the dollar can increase silver prices domestically even if global prices remain stable.

Silver rates in major Indian cities