CHENNAI: A day after a fall of Rs 480, gold had surged by Rs 160 on December 20. A sovereign (8 grams) now costs Rs 99,200, and a gram costs Rs 12,400, a rise of Rs 20.
On December 19, gold was priced at Rs 99,040 per sovereign and Rs 12,380 per gram, a fall of Rs 60.
On December 15, gold was priced at Rs 1,00,120 per sovereign, the highest in the year.
The current gold rally comes after the US Federal Reserve delivered a much-anticipated rate cut and signalled further easing next year, weakening the dollar, and boosting global safe-haven demand while a record-low rupee supported domestic prices.
Earlier, the metal had touched its previous yearly high of Rs 97,600 per sovereign (Rs 12,200 per gram) on October 17.
From January 1, when gold stood at Rs 57,200 per sovereign (Rs 7,150 per gram), it has now climbed to Rs 99,200 per sovereign on December 20, an increase of Rs 42,000, or about 73.4%.
Meanwhile, silver increased by Rs 5 to sell for Rs 226 per gram (Rs 2,26,000 per kg) on December 20.
Gold price (22-carat) over the last five days:
December 19, 2025: 1 Sovereign- Rs 99,040 | 1 gram- Rs 12,380
December 18, 2025: 1 Sovereign- Rs 99,520 | 1 gram- Rs 12,440
December 17, 2025: 1 Sovereign- Rs 99,200 | 1 gram- Rs 12,400
December 16, 2025: 1 Sovereign- Rs 98,800 | 1 gram- Rs 12,350
December 15, 2025: 1 Sovereign- Rs Rs 1,00,120 | 1 gram- Rs 12,515
Silver price over the last five days:
December 19, 2025: 1 gram- Rs 221
December 18, 2025: 1 gram- Rs 224
December 17, 2025: 1 gram- Rs 222
December 16, 2025: 1 gram- Rs 211
December 15, 2025: 1 gram- Rs 215