Fri Dec 26 04:30:00 UTC 2025: Okay, here’s a news article summarizing and rewriting the provided text:
Record-Breaking Silver Prices Soar as Gold Sees Modest Gains Before Holiday Market Closure
Jaipur, India – December 25, 2024 – The precious metals market in India experienced a late surge on December 24th before the Christmas weekend closure of key international exchanges. While gold saw a moderate increase, silver prices continued their unprecedented climb, hitting a new record high.
Trading ended with gold priced at ₹140,700 per 10 grams, an increase of ₹500. However, silver stole the spotlight, skyrocketing by ₹2,000 in a single day to reach a staggering ₹222,000 per kilogram.
The price surge comes as Hong Kong and London markets prepare for a week-long holiday break. Market analysts anticipate that the performance of these markets after reopening will significantly influence future price trends.
“The impact of the Hong Kong and London markets will greatly define the trend till they resume”, said Kailashchand Kaushik, a local brokerage. “A clear picture of gold and silver prices will emerge only after January 5, 2026.”
Despite the bull market, traders report the impact of high prices on consumer demand, with sales volume down. The market awaits a clearer price trend and increased demand ahead of the upcoming auspicious season, which begins around January 15th.
First Piper 