Gold, Silver Prices Climb Again on Dec 23, Check Latest State-wise Rates

New Delhi: Gold and silver prices continued their upward march across Indian markets on Tuesday. Rates opened firm in major cities, tracking strong global trends and steady investor demand. Jewellers say prices are holding at elevated levels, making buyers cautious ahead of the year-end.

Why are gold and silver prices rising today?

Market watchers point to strong international cues, a softer dollar, and safe-haven buying as key reasons behind the rise. With global uncertainty still high, investors are parking money in precious metals. Domestic prices have also reacted to firm overseas futures.

Gold prices today: What are the latest rates?

In most major cities, the cost of 24-carat gold (also referred to as 999 pure gold) hovered around Rs 13,452 per gram, while 22-carat gold (which contains 91.67 percent pure gold, commonly used in jewellery) was priced at Rs 12,331 per gram on December 23.

• In Delhi, the current price of 24-carat gold is Rs 13,467 per gram and 22-carat gold is Rs 12,346 per gram.
• In Mumbai, the current price of 24-carat gold is Rs 13,452 per gram and 22-carat gold is Rs 12,331 per gram.
• In Kolkata, the current price of 24-carat gold is Rs 13,452 per gram and 22-carat gold is Rs 12,331 per gram.
• In Chennai, the current price of 24-carat gold is Rs 13,529 per gram and 22-carat gold is Rs 12,401 per gram.

What about silver prices today?

Silver also maintained strong levels at just over Rs 2,08,100 per kg in Delhi and the rate of Silver 925 (also known as Silver sterling) is at Rs 2,00,000 per kg.

• Price of silver in Delhi is Rs 2081 per 10 grams.
• Price of silver in Mumbai is Rs 2081 per 10 grams.
• Price of silver in Kolkata is Rs 2081 per 10 grams.
• Price of silver in Chennai is Rs 2221 per 10 grams.

Prices in other cities typically tracked these levels, with small variations due to local taxes and demand

Should buyers wait or buy now?

Traders say prices could remain volatile in the near term, depending on global economic signals and currency movement. Jewellery buyers are advised to compare local rates, while investors are keeping a close eye on international developments.