Gold Prices Dip on Year's Last Day: What Happened on 31 December 2025
Indian gold prices saw a significant dip on December 31st, driven by profit booking as the year concluded. Silver witnessed an even sharper plunge, falling over 7% on the MCX.
💰 India Gold Rate on 31 December 2025
| Purity | Per Gram | Per 10g | Change |
|---|---|---|---|
| 24K Gold | ₹13,488INR | ₹1,34,880 | ↓ ₹131 |
| 22K Gold | ₹12,364 | ₹1,23,640 | ↓ ₹120 |
| 18K Gold | ₹10,116 | ₹1,01,160 | — |
Source: GoldMeter.in • Historical data for reference only
⚡ Key Highlights
- 1MCX gold prices saw a notable drop on 2025's final trading day.
- 2Profit booking by investors largely triggered today's sharp price decline.
- 3Silver witnessed a dramatic plunge, falling over 7% and ₹18,784 per kg.
- 4Despite the dip, 2025 concludes as a blockbuster year for precious metals.
- 5Market analysts predict continued volatility and new highs for gold in 2026.
The final day of 2025 saw a notable downward correction in Indian gold prices, as profit booking by investors triggered a sharp fall across the Multi Commodity Exchange (MCX) and spot markets. This dip marks a contrast to what has largely been described as a "blockbuster" or "record" year for precious metals.
On the MCX, gold futures experienced a significant drop, declining by as much as ₹1,825 per 10 grams, with some reports indicating a slip of ₹1,140 in a single day, or approximately 0.64%. This pushed prices lower across major Indian cities like Mumbai, Delhi, Chennai, Bengaluru, and Kolkata, where 22-karat and 24-karat gold rates were also impacted. Silver, often moving in tandem with gold but with higher volatility, witnessed an even more dramatic plunge. The white metal crashed over 7% on the MCX, shedding a substantial ₹18,784 per kilogram, bringing its price to around ₹2.32 lakh per kg.
Market analysts largely attribute today's sharp decline to profit booking as investors look to square off positions and secure gains at the close of a highly successful year for precious metals. Throughout 2025, gold prices in India had soared, nearing the ₹1.4 lakh mark per 10 grams at one point, while silver had almost tripled in value. This raises the question for some if the safe-haven shine of gold has started to fade, or if this is merely a temporary correction. The general sentiment, however, points towards this being an end-of-year adjustment rather than a fundamental shift in demand.
Looking ahead, the market expects continued volatility as 2026 begins. Despite today's fall, many experts are already predicting that both gold and silver could hit new highs in the coming year, building on the strong momentum of 2025. For investors and jewelry shoppers, closely monitoring global economic cues and domestic demand will be crucial. While the recent dip might present a buying opportunity for some, the overall outlook suggests that precious metals could remain a significant asset class in the new year.