MP Biplab Kumar Deb Attends Parliamentary Standing Committee Meeting in Kochi
Gold, Silver Prices Hit Record Highs in Indian Bullion Market
Dec 29, 2025Gold and silver prices surged to record levels in the Indian bullion market, extending their strong upward momentum last week. Silver prices jumped nearly 15 per cent to touch a fresh all-time high of ₹2,42,000 per kilogram in the futures market, before settling at ₹2,39,787 per kg for the March contract.
The sharp rally in silver was driven by robust industrial demand, tight global supply, expectations of US interest rate cuts next year, and ongoing geopolitical uncertainties. The domestic surge reflected silver’s global performance, where prices climbed to a record high of $79.70 per ounce.
Gold prices also witnessed a strong rise. Gold futures on the Multi Commodity Exchange (MCX) for the February contract registered their highest-ever close at ₹1,39,873 per 10 grams, marking a weekly gain of 4.2 per cent. During the week, gold prices touched a new lifetime high of ₹1,40,465 per 10 grams.
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