Gold prices in the city remained unchanged on December 13, holding at their highest level so far this year. The yellow metal is currently priced at ₹98,960 per sovereign (8 grams) and ₹12,370 per gram. The ongoing gold rally is attributed to the US Federal Reserve’s much-anticipated interest rate cut and its signal of further monetary easing next year. This has weakened the US dollar and boosted global safe-haven demand. Additionally, the record-low rupee has supported higher domestic gold prices. Earlier, gold had touched its previous yearly high of ₹97,600 per sovereign (₹12,200 per gram) on October 17. From January 1, when gold was priced at ₹57,200 per sovereign (₹7,150 per gram), prices have surged by ₹41,760, marking a sharp 73% increase. Meanwhile, silver prices declined by ₹6 to ₹210 per gram (₹2,10,000 per kg). On December 12, silver was priced at ₹216 per gram. Gold Price (22-carat) – Last 5 Days December 12, 2025: ₹98,960 per sovereign | ₹12,370 per gramDecember 11, 2025: ₹96,400 per sovereign | ₹12,050 per gramDecember 10, 2025: ₹96,240 per sovereign | ₹12,030 per gramDecember 9, 2025: ₹96,000 per sovereign | ₹12,000 per gramDecember 8, 2025: ₹96,320 per sovereign | ₹12,040 per gram Silver Price – Last 5 Days December 12, 2025: ₹216 per gramDecember 11, 2025: ₹209 per gramDecember 10, 2025: ₹207 per gramDecember 9, 2025: ₹199 per gramDecember 8, 2025: ₹198 per gram