You will be shocked to see today’s gold price: Rs 1.30 lakh for 10 grams, right time to buy?

Standing on the threshold of the New Year, a special kind of excitement is being felt in the market, especially in the gold sector. An increase in the price of gold was recorded early in the morning on 12 December 2025, which is attracting investors and common buyers towards it. In metros like Delhi and Mumbai, the price of 24 carat gold has reached above Rs 1.30 lakh. In such a situation, everyone is wondering whether the prices will rise further in the coming days or whether there can be some relief.

What is the secret behind the increasing heat in the gold market?

This rise in gold prices is not a sudden incident. Recently the US Federal Reserve cut interest rates by 0.25 percent, which is pulling investors towards safe instruments like gold. When interest rates are low, returns from bank deposits or bonds decrease, and people prefer to invest money in gold.

Moreover, global dollar weakness, fall in bond yields and market uncertainties are also making gold stronger. The months of December and January are the festival and wedding season in India, where the demand for gold skyrockets. If we look at history, gold prices have almost doubled in the last five years – while in 2020, 10 grams of gold was around Rs 48,000, now it has crossed Rs 1.30 lakh. This trend shows that gold has always been a reliable investment in times of economic instability.

What are the latest gold prices today in major cities?

Gold prices vary slightly in big cities of the country, but overall remain at a high level. The price of 24 carat gold in Delhi is Rs 1,30,910 per 10 grams, while that of 22 carat is Rs 1,20,010. In Mumbai, Chennai, Kolkata, Hyderabad, Pune and Bengaluru, 24 carat gold is trading at Rs 1,30,760 per 10 gram, and 22 carat at Rs 1,19,860.

It is slightly higher in Ahmedabad, where 24 carat is Rs 1,30,810 and 22 carat is Rs 1,19,910. In Jaipur and Lucknow, the trend is the same as in Delhi, i.e. 24 carat is Rs 1,30,910 and 22 carat is Rs 1,20,010. These prices depend on market dynamics, so changes are possible throughout the day.

Silver is not far behind, prices are showing strength

Along with gold, the silver market also looks very strong. Today the price of silver has reached around Rs 2,01,100 per kg. The main reason for this is the increasing need in domestic industries, such as in the electronics and jewelery sectors. Additionally, international supply shortage has also pushed prices higher. Silver prices have also seen a good rise over the years, making it an attractive option for investors. If you look at both the metals together, they act like a strong shield against economic fluctuations.

How are gold prices decided in India?

Gold prices in India are influenced by many factors, and the process is quite complex but transparent. First of all comes the price of gold in the international market, which is fixed in dollars. Then the exchange rate of the dollar and the rupee plays a role—if the dollar strengthens, gold becomes expensive. Apart from this, import duties, taxes like GST, and demand-supply balance at the local level are also important.

Prices go up due to increased demand during weddings and festival seasons. Historically, India is the world’s largest importer of gold, and central bank purchases also influence prices. To understand, think about how global events like geopolitical tensions or inflation make gold a safe haven.

Is now the right time to buy gold?

If you are planning to invest in gold, remember that prices keep changing daily. Gold is a great option for the long term, especially when there is uncertainty in the market. Experts believe prices could rise further in the coming months as Fed rate cuts and global risks continue. However, always check the rates and keep your financial situation in mind before purchasing.

If you are buying for jewellery, it may be beneficial to wait a bit for the wedding season, but from an investment perspective it may make sense to enter now. Finally, gold is not only wealth but also provides emotional security.