Mon Dec 29 03:00:00 UTC 2025: ## Gold and Silver Prices Soar to Record Highs as 2025 Nears End

Mumbai, December 29, 2025 – Gold and silver prices are reaching unprecedented levels as the year 2025 draws to a close, driven by global sentiment and surging industrial demand. Silver, in particular, has seen a meteoric rise, exceeding ₹17,000 per kilogram in a single day last week and adding over ₹32,000 to its value in just four trading days.

Silver’s Stellar Performance:

Silver has emerged as the star performer in commodities this year, rewarding investors handsomely. The Multi Commodity Exchange (MCX) saw silver futures jump from ₹2,08,439 on December 19th to ₹2,40,935 on December 27th, a staggering increase of ₹32,496 per kilogram.

Gold Gleams Too:

While silver steals the spotlight, gold is also experiencing significant gains. On the MCX, the price of 10 grams of 24-karat gold rose by ₹5,744 in the past week, climbing from ₹1,34,196 on December 19th to ₹1,39,940 on December 27th.

Domestic Market Impact:

The surge in prices is reflected in the domestic market as well. According to the Indian Bullion and Jewellers Association (IBJA), 24-karat gold closed at ₹1,37,956 per 10 grams on Friday, a ₹6,177 increase from December 19th. Silver prices in the domestic market jumped from ₹2,00,067 to ₹2,28,107 per kilogram during the same period, marking an increase of ₹28,040.

Factors Driving the Rally:

Analysts attribute the price surge to several factors, including a weakening US dollar, expectations of US Federal Reserve rate cuts, and increased industrial demand, particularly for silver. These factors have led investors to seek safe-haven assets like gold and silver.

Considerations for Buyers:

Consumers should note that prices at local jewelry stores will be higher than IBJA rates due to the addition of a 3% GST and varying making charges.

As 2025 comes to an end, the precious metals market remains dynamic, with gold and silver poised to maintain their upward trajectory in the new year.

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