Gold-Silver Rate Today: Silver prices in India are witnessing a strong upward trend, staying firmly above the two lakh mark per kilogram, while gold rates have also shown a noticeable increase. On Tuesday, December 23, 2025, the bullion market reflected sustained demand for precious metals, driven by a mix of global cues, domestic buying interest, and seasonal factors. According to data released by India Bullion and Jewellers Association, both gold and silver recorded sharp gains compared to the previous trading session, indicating positive sentiment among investors and buyers alike.
Silver has been one of the standout performers in the bullion market. The price of 999 purity silver crossed ₹2,09,000 per kilogram, registering an increase of more than ₹1,500 in a single day. This surge highlights rising industrial demand along with renewed interest from investors who see silver as a relatively affordable precious metal compared to gold. Market experts believe that global economic uncertainty and fluctuations in currency markets are pushing buyers toward tangible assets such as silver bullion.
The consistent rise in silver prices over recent weeks has also been influenced by international commodity markets, where silver futures have remained firm. Domestic factors, including festive and wedding-season demand, further support this upward movement.
Gold prices have also climbed steadily across all purity levels. The rate of 24-carat gold increased by over ₹2,100 per 10 grams, reaching approximately ₹1,36,133. Similarly, 23-carat gold recorded a rise of more than ₹2,150, while 22-carat gold saw an increase of nearly ₹2,000 per 10 grams. Lower purity variants such as 18-carat and 14-carat gold also reflected notable gains.
This broad-based increase suggests that demand is not limited to investment-grade gold alone but extends to jewellery-grade gold as well. Buyers looking to hedge against inflation and currency volatility continue to view gold as a safe and reliable store of value.
When compared with Monday’s prices, the upward movement becomes even more evident. On Monday morning, 24-carat gold was priced slightly lower, and by evening it had already shown some strength. Tuesday morning opened with a significant jump, reinforcing the bullish trend. Silver followed a similar pattern, ending Monday at a lower level and opening Tuesday with a sharp rise.
Such day-to-day fluctuations are common in the bullion market, but the current pattern indicates sustained buying interest rather than short-term speculation.
The prices released by the India Bullion and Jewellers Association are considered benchmark rates across the country. These rates are uniform nationwide and provide transparency in bullion pricing. However, it is important to note that these prices do not include Goods and Services Tax. As a result, the final price paid by consumers while purchasing gold or silver jewellery is higher due to applicable taxes and making charges.
Another key point for buyers is that IBJA rates are not issued on Saturdays, Sundays, or central government holidays. Therefore, the last declared rates remain applicable until the next official update.
For investors, the current rise in gold and silver prices may signal an opportunity to review portfolio allocations toward precious metals. For jewellery buyers, especially those planning purchases for weddings or festivals, the increasing prices underline the importance of timing and budget planning. While prices are higher, many buyers still prefer gold and silver due to their long-term value and cultural significance in India.
In the coming days, bullion prices are likely to remain sensitive to global economic data, interest rate expectations, and currency movements. Buyers are advised to keep a close watch on daily updates before making purchase decisions.
