Gold & Silver Market Recap: Volatile Day Ends with Recovery and New Highs on 30 December 2025

The Indian gold and silver markets witnessed a rollercoaster ride on December 30, 2025, just ahead of the New Year. After an initial shock of significant declines, both precious metals demonstrated remarkable resilience, staging a strong recovery by day's end, with silver even touching new record highs in certain markets. This dynamic trading day capped a year of extraordinary gains for both assets.

Gold prices, after easing from their recent record highs, experienced a substantial fall early in the trading session. This initial 'beating' led to a temporary dip, sparking questions about whether this presented a buying opportunity for investors. However, the yellow metal swiftly staged a recovery, reversing its sharp retreat. By the close of trading, 24K gold in India was seen recovering to trade near ₹1,36,000 per 10 gram in various cities, marking a significant rebound from its earlier decline. This dynamic movement contributed to gold making its biggest annual gain in over four decades.

Silver followed a similar, albeit more dramatic, trajectory. The white metal saw a significant crash of up to ₹18,000 in India ahead of the New Year, causing a sharp retreat. Despite this sudden decline, silver futures surged, showing a 4% jump to ₹2.34 lakh per kilogram. Notably, silver rates in Delhi hit a new high, rising to ₹2.41 lakh per kilogram, indicating a powerful reversal. This remarkable surge contributed to silver's astounding annual performance, with rates surging nearly 160 percent over the year.

Market observers noted a clear sign of reversal for both silver and gold after their sharp retreats, driven by evolving market trends and investor sentiment. While the initial declines might have caught some off guard, the subsequent recovery pointed towards underlying strength and continued demand for precious metals. The day's trading reflected a cautious yet ultimately optimistic mood among investors as the year drew to a close. For Indian investors and jewelry shoppers, today's volatile but ultimately recovering market presents a complex picture. The initial dip could have been a strategic buying opportunity for those looking to accumulate, especially given the metals' strong annual performance. With gold making its biggest annual gain in over four decades and silver surging nearly 160 percent, the long-term outlook for precious metals continues to be a key discussion point for 2026. Experts are now keenly watching where gold and silver are headed in the new year, but today's resilient recovery suggests that the underlying bullish sentiment for these precious assets remains strong, making any significant dips potentially attractive for future investments or festive purchases.