Gold and silver prices on 2 December 2025: Metals gain amid steady global cues; key rates inside
Mumbai: Gold and silver prices in India posted modest gains on 2 December 2025, supported by steady domestic demand and a mild retreat in global markets after recent highs. In early trade, the price of ten grams of 24-carat gold rose ₹10 to ₹1,30,490, while 22-carat gold increased to ₹1,19,610. Silver climbed ₹100, taking the price of one kilogram to ₹1,88,100 in Delhi, Kolkata and Mumbai.
Across key metros, 24-carat gold prices were ₹1,30,490 in Mumbai and Kolkata, ₹1,30,640 in Delhi and ₹1,31,680 in Chennai. For 22-carat gold, the metal sold at ₹1,19,610 in Mumbai, Kolkata, Hyderabad and Bengaluru, while Chennai recorded a higher rate of ₹1,20,710.
Silver also strengthened across regional markets. In Bangalore and Bhopal, 999 purity silver was priced at ₹1,815 per 10 grams, while Chennai and Coimbatore recorded ₹1,818. Prices for 100 grams of silver ranged between ₹18,135 in Chandigarh and ₹18,188 in Chennai.
Internationally, gold eased slightly after touching a six-week high. Spot gold slipped 0.2 per cent to $4,222.93 per ounce, and US gold futures fell 0.4 per cent to $4,256.30. Silver declined 1 per cent to $57.40 per ounce, platinum eased 0.3 per cent and palladium gained 0.22 per cent.
Data from the India Bullion Association at 6:52 am placed domestic gold at ₹1,30,780 per 10 grams and silver at ₹1,81,680 per kilogram. Analysts note that despite the pullback, gold remains on course for its strongest annual gain since 1979, fuelled by expectations of US rate cuts, central bank purchases and strong ETF inflows.
Economists at Macquarie Group expect gold prices to soften over the coming year after a nearly 50 per cent year-to-date surge, citing improving global growth, reduced easing cycles and a stabilising US–China dynamic as factors that could limit further upside.
Later in the day, gold traded at ₹1,30,320 per 10 grams in Delhi, ₹1,30,550 in Mumbai, ₹1,30,650 in Bengaluru and ₹1,30,370 in Kolkata. Chennai again reported the highest rate at ₹1,30,930. The MCX December futures contract rose to ₹1,30,725.
Silver also reached a fresh domestic high of ₹1,81,680 per kilogram. The rise followed a sharp global spike, partly triggered by a temporary outage at the Chicago Mercantile Exchange, which added to supply concerns. MCX December silver futures were recorded at ₹1,82,010, while spot silver overseas slipped 1.73 per cent to $58.12 per ounce.
Both precious metals continue to be influenced by global monetary outlooks, supply shortages and strong seasonal demand during India’s wedding period.
Gold Price Today (2 December 2025) – City-Wise
City | 24-carat (₹ per 10g) | 22-carat (₹ per 10g) |
Delhi | 1,30,640 | 1,19,760 |
Mumbai | 1,30,490 | 1,19,610 |
Kolkata | 1,30,490 | 1,19,610 |
Chennai | 1,31,680 | 1,20,710 |
Bengaluru | 1,30,650 | 1,19,610 |
Hyderabad | 1,30,650 | 1,19,610 |
Pune | 1,29,970 | — |
Kochi | 1,29,960 | — |
Silver Price Today (2 December 2025) – City-Wise (999 Purity)
City | Silver Price (₹ per 10g) | Silver Price (₹ per 100g) |
Delhi | 1,813 | 18,135 |
Mumbai | 1,815 | 18,154 |
Kolkata | 1,812 | 18,140 |
Chennai | 1,818 | 18,188 |
Bangalore | 1,815 | 18,150 |
Bhopal | 1,815 | 18,154 |
Bhubaneswar | 1,812.4 | 18,140 |
Coimbatore | 1,818 | 18,188 |
Chandigarh | 1,813 | 18,135 |
Dispur | 1,817 | 18,174 |
(Disclaimer: Gold and silver prices mentioned in this article are based on data from market sources, including the India Bullion Association and city-wise bullion rates as of 2 December 2025. Precious metal prices may vary by city and jewellery store due to local taxes, making charges and market fluctuations. Readers are advised to verify rates with their local jewellers or official bullion providers before making any purchase.)