Gold & Silver Soar to Record Highs: Your Daily Market Recap for 27 December 2025

Gold and silver markets in India witnessed an extraordinary day on December 27, 2025, as both precious metals soared to unprecedented record highs across various cities. Indian investors and jewelry shoppers observed a significant surge, with prices reaching levels never seen before, signaling a robust end to the year for bullion. This remarkable rally has ignited discussions among market participants about the underlying drivers and future trajectory of these cherished assets.

The 24-karat gold rate today in India notably hit ₹14,122 per gram, translating to an impressive ₹1.41 Lakh for 10 grams in major centers like Delhi, Mumbai, and Bengaluru. Other reports indicated gold prices surging to ₹1.39 Lakh. This strong upward momentum was seen across all purities, including 22K and 18K gold. Silver, the white metal, also joined the record-breaking spree, with prices nearing ₹2.40 Lakh per kilogram nationally. In an exceptional move, silver even smashed the ₹2.7 Lakh barrier per kilogram in Bhubaneswar, highlighting strong regional demand and speculative interest. Prices were consistently up in cities like Chennai, Kolkata, and Jaipur, reflecting a nationwide bullish sentiment.

Analysts largely attributed this stellar performance to a combination of global factors, primarily falling global interest rates. The anticipation of a more accommodative monetary policy environment internationally has made non-yielding assets like gold more attractive to investors seeking safe havens and inflation hedges. This sentiment has been a significant catalyst, driving fresh buying interest and pushing prices higher. The rally also comes ahead of the New Year, a period often associated with increased demand for precious metals.

Looking ahead, the market presents a mixed but cautiously optimistic outlook. Some analysts suggest that gold could potentially hit ₹1.50 Lakh per 10 grams in 2025, while silver is projected to rise an additional 18% in 2026. However, after such stellar gains, experts are advising caution. The Gem & Jewellery Council (GJC) and other market watchers warn that gold prices might experience a 10-15% correction in early 2026. Investors and jewelry buyers are therefore urged to carefully consider these expert opinions, balancing the potential for further upside with the risks of a possible near-term pullback, especially as the new year approaches.