Mumbai, India – December 16, 2025 : After a blistering four-day rally that added ₹6,000, gold prices in India tumbled sharply on Tuesday, falling ₹1,700 to close at ₹1,35,900 per 10 grams for 99.9% purity, according to the All India Sarafa Association (IBJA). The correction came amid investor profit booking and softer global cues.
On Monday, gold had surged ₹4,000 to a record ₹1,37,600 per 10 grams. The recent rally was fueled by safe-haven demand, but Tuesday’s pullback reflected caution ahead of key US economic data that could influence Federal Reserve rate decisions.
Experts attribute the decline to global spot gold slipping 0.65% to $4,277.42 per ounce after five straight gains. “Profit booking emerged as prices remained volatile, with international gold retreating toward $4,275 amid pressure,” said Ansh Verma, owner of AC Jewelers.
Manish Verma of Shri Shyam Jewels added, “Domestic gold prices eased, halting the four-day uptrend. However, the Indian Rupee’s persistent weakness near record lows cushioned much of the losses.”
Silver prices also corrected, dropping ₹1,000 to ₹1,98,500 per kilogram (including taxes), though the association quoted a stable ₹1,99,500/kg—near its all-time high. Global spot silver fell 1.67% to $63.02 per ounce.
Analysts note upcoming inauspicious periods may dampen physical jewelry demand, shifting focus to investment buying amid risk-averse sentiment. With the Rupee under pressure and Fed policy in spotlight, volatility is expected to persist.
Market participants are eyeing US data releases for clarity on potential rate cuts—a key driver for non-yielding assets like gold.
Stay updated on today’s gold price in India, silver rates, and bullion trends for informed decisions.
