Gold prices in India saw a slight uptick on Friday, even as investor demand for the metal stayed firm amid ongoing inflation worries. Jewellery demand also remained steady, reinforcing gold’s appeal as a reliable safe-haven asset.

According to GoodReturns, the price of 24-carat gold edged up by ₹10 in early trade, placing the rate for 10 grams at ₹1,30,760. Silver prices also saw a mild uptick, with one kilogram of the metal rising by ₹100 to ₹2,01,100.

Below is a detailed look at how gold and silver traded across the country on 12 December.

Current gold rates in India (December 12)

24K gold: ₹13,076 per gram

22K gold: ₹11,986 per gram

18K gold: ₹9,807 per gram

These minor rate movements come as investors continue to track global cues and domestic economic conditions to guide their bullion purchases.

Gold rates across major cities

Across India, the price for 24-carat gold (999 purity) stood at ₹13,076 per gram, while 22-carat gold was priced at ₹11,986 per gram. Gold of 18-carat purity was trading at ₹9,807 per gram.

For 10 grams of 24-carat gold, the price stood at ₹1,30,760 in Mumbai and Kolkata, while Chennai reported a higher rate of ₹1,31,470. In Delhi, the same quantity was priced at ₹1,30,910. Rates for 22-carat gold followed a similar trend, with Mumbai, Kolkata, Bengaluru and Hyderabad recording ₹1,19,860 for 10 grams.

Chennai reported ₹1,20,510, and Delhi priced 10 grams at ₹1,20,010. The national average for 22-carat gold rose by ₹10 compared with the previous day. 

Gold prices in major cities (December 12, 2025)

City24 K22 K18 K
Delhi₹13,091₹12,001₹9,822
Mumbai₹13,076₹11,986₹9,807
Chennai₹13,147₹12,051₹10,046
Kolkata₹13,076₹11,986₹9,807
Bengaluru₹13,076₹11,986₹9,807
Hyderabad₹13,076₹11,986₹9,807
Kerala₹13,076₹11,986₹9,807

Silver prices in India

Silver saw a mild climb, with the metal priced at ₹201.10 per gram nationwide. One kilogram of silver was sold at ₹2,01,100 in Delhi, Mumbai and Kolkata, while Chennai registered a higher rate of ₹2,09,100.

Analysts observed that domestic silver prices remain closely aligned with global market trends and the movement of the Indian rupee, noting that a weaker rupee generally intensifies fluctuations in local bullion rates.

Factors influencing precious metal prices

Market observers pointed to a combination of global and domestic factors influencing gold and silver rates:

  • Global market trends: International demand, geopolitical tensions and fluctuating investor sentiment continue to shape bullion prices.
  • Rupee performance: A weaker rupee increases import costs, lifting prices in the domestic market.
  • Seasonal buying: Festive and wedding seasons traditionally boost consumer demand.
  • Policy signals: Inflation-related policies and interest-rate decisions by the Reserve Bank of India can influence market behaviour.

Tips for buyers and investors

Experts urge buyers to remain cautious and prioritise certified products when purchasing gold or silver. Consumers are advised to:

  • Choose BIS-hallmarked jewellery
  • Compare prices across jewellers before purchasing
  • Request invoices detailing purity, rate and weight
  • Monitor daily price updates for better market decisions