Gold crosses ₹1.36 lakh mark, increases ₹2,163 per 10 gm:Silver also hits an all-time high of ₹2.09 lakh per kg; find out experts’ price targets

Gold and silver prices reached an all-time high for the second consecutive day on Tuesday, December 22, 2025. According to the India Bullion and Jewelers Association (IBJA), gold increased by ₹2,163 to reach ₹1,36,133 per 10 grams. Earlier on Monday, it was at ₹1,33,970. Meanwhile, the price of 1 kg silver increased by ₹1,523 to reach an all-time high of ₹2,09,250 per kg. Earlier on Monday, its price was ₹2,07,727 per kg . Silver became more expensive by ₹23,762 in ten days. On December 10, its price was ₹1,85,488 per kilo. Gold prices by carat Source: IBJA (December 23, 2025) Gold prices in major cities of the country Why are rates different in different cities? IBJA gold prices do not include 3% GST, making charges, and jewellers’ margin. That’s why city rates are different from this. RBI uses these rates to determine Sovereign Gold Bond rates. Many banks use it to determine gold loan rates. Gold-Silver movement in 10 days This year gold increased by ₹59,971 and silver by ₹1,21,710 3 Main Reasons for Gold Rally 3 Main Reasons for Silver Rally Prices May Rise Further in Coming Days Kedia Advisory Director Ajay Kedia says that silver demand is currently strong and is expected to remain so. In such a scenario, silver could reach ₹2.50 lakh in the next 1 year. Meanwhile, by the end of this year, silver prices could reach ₹2.10 lakh per kilo. As far as gold is concerned, its demand continues to be strong. In this scenario, it could cross Rs 1.50 lakh per 10 grams by next year. Keep these 2 things in mind while buying gold 1. Buy only certified gold: Always buy certified gold with Bureau of Indian Standards (BIS) hallmark. This number can be alphanumeric like AZ4524. Hallmarking indicates how many carats the gold is. 2. Cross-check prices: Cross-check the correct weight of gold and its price on the day of purchase from multiple sources (like India Bullion and Jewellers Association website). Gold rates vary for 24 carat, 22 carat and 18 carat. 4 Reasons Why Gold Prices Differ in Cities 1. Transportation Costs: Gold is a physical item, so there are costs involved in transporting it. Most imports are done by air. Then gold needs to be transported to interior regions. Transportation costs include fuel, security, vehicles, staff expenses etc. 2. Volume of Gold Purchases: Gold demand varies by city and state. South India accounts for about 40% of India’s total gold consumption. Here sellers buy gold in bulk which results in lower prices. Whereas in tier-2 cities, prices are higher. 3. Local Jewellery Association: Like in Tamil Nadu, the gold rate is determined by the Jewelers and Diamond Traders Association. Similarly, there are many other associations across the country that set the prices. 4. Gold Purchase Price: This is the biggest factor that affects gold rates in different cities. Jewelers who have purchased stock at lower prices can charge lower rates. ​