CHENNAI: Gold, which surged by 76% in 2025, ended the record year with a dip of Rs 400 per sovereign on Wednesday (December 31). 22-carat gold is now priced at Rs 1,00,400 per sovereign (8 grams) and Rs 12,550 per gram, down by Rs 50.
A day earlier, on December 30, gold was priced at Rs 1,00,800 per sovereign and Rs 12,600 per gram. On December 27, the yellow metal touched its highest level in 2025: Rs 1,04,800 per sovereign (Rs 13,100 per gram).
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.
Moving from the Rs 7,000 range in January to around Rs 9,000 by June, gold kept inching upward and crossed Rs 10,000 per gram for the first time in September. October emerged as the first major breakout month, with the gram rate touching Rs 12,000 on a particular day.
After a lull in November, prices rose again in December, hitting the highest peak of Rs 13,100 per gram before easing on the final day of the year.
Silver, meanwhile, closed the year steady at Rs 258 per gram (Rs 2,58,000 per kg) on December 31. From Rs 98 per gram on January 1, silver surged by Rs 160 over the year, a rise of about 163.3%.
Gold price (22-carat) over the last five days:
December 30, 2025: 1 sovereign-Rs 1,00,800 | 1 gram- Rs 12,600
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
Silver price over the last five days:
December 30, 2025: 1 gram- Rs 258
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