CHENNAI: 22-carat gold plummeted by Rs 3,360 per sovereign in a single session on December 30 (Tuesday). It is now priced at Rs 1,00,800 per sovereign (8 grams) and Rs 12,600 per gram, after a fall of Rs 420.
A day earlier, on December 29, the yellow metal was priced at Rs 1,04,160 per sovereign and Rs 13,020 per gram.
On December 27 evening, gold touched its highest level this year: Rs 1,04,800 per sovereign and Rs 13,100 per gram.
From January 1, when gold stood at Rs 57,200 per sovereign (Rs 7,150 per gram), it has now climbed to Rs 1,00,800 per sovereign on December 29, a whopping increase of Rs 43,600, or about 76.2%.
Gold’s rally in 2025 was driven by interest rate easing, heightened geopolitical tensions, including trade wars triggered by US President Donald Trump, and robust central bank buying, marking its steepest annual climb since 1979.
Meanwhile, silver decreased by Rs 23 to sell for Rs 258 per gram (Rs 2,58,000 per kg) on December 30.
Gold price (22-carat) over the last five days:
December 29, 2025: 1 Sovereign- Rs 1,04,160 | 1 gram- Rs 13,020
December 27, 2025: 1 Sovereign- Rs 1,04,800 | 1 gram- Rs 13,100
December 26, 2025: 1 Sovereign- Rs 1,03,120 | 1 gram- Rs 12,890
December 25, 2025: 1 Sovereign- Rs 1,02,560 | 1 gram- Rs 12,820
December 24, 2025: 1 Sovereign- Rs 1,02,400 | 1 gram- Rs 12,800
Silver price over the last five days:
December 29, 2025: 1 gram- Rs 281
December 27, 2025: 1 gram- Rs 285
December 26, 2025: 1 gram- Rs 254
December 25, 2025: 1 gram- Rs 245
December 24, 2025: 1 gram- Rs 244