Gold and silver prices touched all-time highs on Monday, 22 December 2025. According to the India Bullion and Jewellers Association (IBJA), gold prices rose by ₹1,805 to ₹1,33,584 per 10 grams, up from ₹1,31,779 earlier. Silver also witnessed a sharp rise, with prices increasing by ₹7,483 to ₹2,07,550 per kilogram from ₹2,00,067. So far this year, gold has become costlier by ₹57,422, while silver prices have jumped by ₹1,21,533. Why Do Gold Prices Vary Across Cities? IBJA prices do not include 3% GST, making charges, or jewellers’ margins. These additional costs lead to variations in city-wise prices. The Reserve Bank of India uses IBJA rates to determine Sovereign Gold Bond prices, and many banks rely on them for gold loan valuations. Price Rise So Far This Year Key Reasons Behind The Gold Rally Key Reasons Behind The Silver Rally Outlook: Prices May Rise Further Ajay Kedia, Director of Kedia Advisory, said silver demand remains strong and could push prices to ₹2.50 lakh per kilogram within the next year. By the end of this year, silver may touch ₹2.10 lakh per kg. Gold demand also remains robust and could cross ₹1.50 lakh per 10 grams next year. By the end of this year, gold prices may reach around ₹1.35 lakh per 10 grams. Post navigation Another feather in MP Police Cap As DGP Kailash Makwana Feted With ‘Heartfulness Change Maker Award’ India, New Zealand finalise free trade deal after 10-year talks:Over half of imported goods to be duty-free; kiwi fruit, wool to become cheaper