Gold Prices Soar to Record Highs: What Happened on 15 December 2025
Gold futures hit an unprecedented ₹1,35,496 per 10 grams today, marking a significant surge on safe-haven buying. International prices also reached a seven-week high, crossing $4,350.
⚡ Key Highlights
- 1MCX gold futures touched a new all-time record of ₹1,35,496.
- 2Prices gained ₹1,870 per 10 grams driven by safe-haven demand.
- 3International gold surged to $4,350, a seven-week high.
- 4Silver prices also witnessed a sharp and significant rally today.
- 5Unclear interest rate outlook fueled buying interest among investors.
The Indian gold market witnessed an extraordinary day on Monday, December 15, 2025, as prices surged to unprecedented levels, delighting investors but posing a challenge for jewelry shoppers. MCX gold futures hit a fresh all-time record, climbing to an astonishing ₹1,35,496 per 10 grams, marking a gain of ₹1,870 in a single session. This significant jump extended a three-day winning streak for the precious metal, reflecting a strong bullish sentiment across the market. In major Indian cities like Chennai, gold prices also crossed the ₹1 lakh mark, indicating the widespread nature of this rally.
Internationally, gold mirrored the domestic trend, jumping to $4,350 an ounce, a seven-week high, after opening above the $4,300 mark. This robust performance has led many to question if gold is set to re-test its global all-time highs. The primary driver behind this monumental surge appears to be strong safe-haven buying, as investors flock to gold amidst an "unclear rate outlook." The prevailing uncertainty regarding future interest rate decisions by central banks has made gold a more attractive asset. Additionally, factors such as the USD vs INR exchange rate, ongoing discussions around the India-US trade deal, and bond yield movements were closely watched by market participants, contributing to the volatility and upward momentum. Silver also joined the rally, experiencing a sharp surge alongside gold, further highlighting the broad-based strength in precious metals.
For Indian investors, today's record highs underscore gold's enduring appeal as a hedge against economic uncertainty and inflation. While the current surge is impressive, the outlook for gold remains tied to global economic indicators, geopolitical developments, and especially the trajectory of interest rates. Jewelry shoppers might find current prices challenging, but for long-term investors, the precious metal continues to demonstrate its potential for capital appreciation during times of market ambiguity. Keeping a close watch on central bank announcements and currency fluctuations will be crucial for navigating the market in the coming days.