With New Year 2026 approaching, the bullion market has seen a sharp upward trend, making precious metals significantly more expensive for buyers. On Wednesday, December 10, 2025, gold prices recorded a hike of ₹870 per 10 grams, while silver prices skyrocketed by ₹9,000 per kilogram. Prospective buyers planning to visit the market today are advised to check the latest city-wise rates before making purchases.
The market data indicates that 22-carat gold is trading at ₹1,19,600 per 10 grams, while 24-carat gold has reached ₹1,30,460. The rate for 18-carat gold stands at ₹97,880. Meanwhile, silver has touched a high of ₹1,99,000 per kilogram in several cities.
City-wise Gold Rates for December 10
24-Carat Gold Prices (Per 10 Grams)
In the national capital Delhi, as well as Jaipur, Lucknow, and Chandigarh, the price for standard 24-carat gold is ₹1,30,460. In Bhopal and Indore, it is slightly lower at ₹1,30,360. Markets in Hyderabad, Kerala, Bengaluru, and Mumbai are trading at ₹1,30,310, while Chennai recorded the highest rate at ₹1,31,240.
22-Carat Gold Prices (Per 10 Grams)
For 22-carat gold, often used for jewellery, Bhopal and Indore recorded a rate of ₹1,19,600. In Jaipur, Lucknow, and Delhi, the price stands at ₹1,19,450. Southern and eastern markets like Hyderabad, Kerala, Kolkata, and Mumbai are trading at ₹1,19,250.
18-Carat Gold Prices (Per 10 Grams)
The rate for 18-carat gold in Delhi and Jaipur is ₹97,880. Kolkata and Mumbai recorded ₹97,730, while Indore and Bhopal are trading at ₹97,780. Chennai remains the most expensive market for this category as well, with rates touching ₹1,00,300.
Silver Rates Across Major Cities
Silver prices have seen a massive jump. In Jaipur, Kolkata, Ahmedabad, Lucknow, Mumbai, and Delhi, one kilogram of silver is priced at ₹1,99,000. Similarly, Bhopal and Indore are trading at the same level. However, in southern cities including Chennai, Madurai, Vijayawada, Visakhapatnam, Hyderabad, and Kerala, the price has surged to ₹2,07,000 per kilogram.
Understanding Gold Purity and Hallmarking
The Indian Standard Organization (ISO) uses hallmarks to certify gold purity. While 24-carat gold is considered 99.9% pure, it is generally too soft for jewellery making. Consequently, jewellers primarily use 18, 20, or 22-carat gold mixed with other metals like copper, silver, or zinc for durability.
Purity Indicators:
Buyers can identify purity through specific numerical markings on jewellery:
- 24 Carat (999): 99.9% pure (Available mostly as coins/bars).
- 23 Carat (958): Approximately 95.8% pure.
- 22 Carat (916): 91.6% pure (Standard for jewellery).
- 21 Carat (875): 87.5% pure.
- 18 Carat (750): 75% pure.
New Rules for Silver Hallmarking
Following gold, hallmarking regulations have now been extended to silver jewellery effective from September 1, 2025. While hallmarking is not mandatory for buyers—meaning non-hallmarked silver can still be purchased—the new rules aim to ensure transparency.
Under these Bureau of Indian Standards (BIS) guidelines, hallmarked silver will feature a 6-digit unique HUID code. This code allows buyers to verify the purity and authenticity of the item instantly. The BIS has established six purity standards for silver: 800, 835, 900, 925, 970, and 990. For instance, a marking of 925 signifies that the silver is 92.5% pure.
Note: The rates mentioned above are indicative and do not include GST, TCS, and making charges. Customers are advised to consult their local jewellers for the final billing price.
