Gold Rate Today: The bullion market witnessed a dramatic shift this Wednesday, December 17, 2025, as gold prices retreated from recent peaks due to aggressive profit-booking, while silver prices staged a massive rally, catching investors by surprise.
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🪙 Sudden Dip in Gold Prices: Market Analysis 💹
The Indian bullion market is currently navigating a period of intense volatility. On Wednesday, the Multi Commodity Exchange (MCX) reflected a cooling period for gold. Experts suggest that after reaching record highs, investors are opting to book profits, leading to a temporary “red zone” for the yellow metal.
At the MCX, gold futures for February delivery were seen trading at ₹1,34,151 per 10 grams, marking a decline of 0.19% or ₹258. While this might seem like a marginal dip, the psychological impact on the retail market is significant, especially during the wedding season.
🥈 Silver Defies the Trend with Explosive Growth
In a contrasting move, silver has stolen the spotlight. While gold is struggling to maintain its peak, silver prices have surged by a staggering 3.11%, jumping by ₹6,143. Currently, silver is trading at a whopping ₹2,03,898 per kilogram. This divergence is attributed to rising industrial demand and a shift in hedge fund allocations.
📊 Domestic Spot Gold Rates: IBJA Latest Update 🏠
According to the India Bullion and Jewellers Association (IBJA), the retail market is reflecting the correction. Below is the detailed breakdown of spot gold prices across different purities:
| Gold Purity (Carat) | Rate per 10 Grams (INR) |
| 24 Karat (Pure Gold) | ₹1,32,710 |
| 22 Karat (Standard Gold) | ₹1,29,530 |
| 20 Karat | ₹1,18,120 |
| 18 Karat | ₹1,07,500 |
| 14 Karat | ₹85,600 |
💎 Brand Wise Gold Rates: Tanishq, Kalyan, and Joyalukkas 🛍️
For retail buyers looking to purchase jewelry today, brand-specific pricing is crucial. Each jeweler has its own making charges and premium additions, leading to slight variations in the final price.
🏢 Tanishq Gold Rates Today
Tanishq, a Tata product, remains a preferred choice for hallmarked jewelry. As of December 17, 2025:
- 24K Gold: ₹1,34,950 per 10g
- 22K Gold: ₹1,23,700 per 10g
- 18K Gold: ₹1,01,210 per 10g
🌟 Joyalukkas Price Update
Joyalukkas has maintained a competitive edge today with the following rates:
- 24K Gold: ₹1,34,510 per 10g
- 22K Gold: ₹1,23,300 per 10g
- 18K Gold: ₹1,00,880 per 10g
🔱 Malabar Gold & Diamonds & Kalyan Jewelers
Malabar Gold continues to offer 14K options, which are increasingly popular for daily wear diamond settings:
- Malabar 22K: ₹1,23,300
- Malabar 14K: ₹78,460
- Kalyan Jewelers 22K: ₹1,23,300
🧐 Why Are Gold Prices Falling? 📉
The current dip in gold prices is not an isolated event but a result of complex global and domestic economic indicators.
- Profit Booking at High Levels: Gold has enjoyed a historic bull run in 2025. When prices hit specific psychological thresholds, institutional investors sell off portions of their holdings to realize gains, causing the price to soften.
- Global Currency Shifts: The strength of the Indian Rupee against the Dollar plays a pivotal role. Any stabilization in the USD often leads to a slight correction in gold, which is priced globally in dollars.
- Interest Rate Expectations: Signals from central banks regarding interest rates often dictate gold’s attractiveness. If rates are expected to stay high, the non-yielding yellow metal faces pressure.
📈 The Future Outlook: Should You Buy Now? 🤔
Financial analysts at NewsWell24 believe that this “dip” might be short-lived. Historically, gold prices in India tend to rise during the Q4 wedding season due to high physical demand.
“For the common investor, a price correction of ₹200-₹500 is an entry point, not a reason to panic. Gold remains the ultimate hedge against inflation,” says a senior market analyst.
💡 Factors to Watch in the Coming Weeks:
- US Federal Reserve Meetings: Any change in their stance on inflation will immediately impact MCX rates.
- Geopolitical Tensions: Stability in the Middle East and Eastern Europe usually leads to lower gold prices, while conflict drives them up.
- Central Bank Reserves: If the RBI continues to increase its gold reserves, domestic prices will likely remain supported.
🛠️ Understanding Different Gold Carats: A Buyer’s Guide 📚
Many consumers get confused by the “K” (Karat) system. Understanding this is essential to ensure you get value for your money.
🥇 24K Gold (99.9% Purity)
This is the purest form of gold. It is soft and pliable, making it unsuitable for intricate jewelry. It is mostly sold as coins, bars, or biscuits for investment purposes.
🥈 22K Gold (91.6% Purity)
Commonly known as “916 Hallmarked Gold,” this is the standard for making most Indian jewelry. It contains 22 parts gold and 2 parts other metals like zinc or copper to provide durability.
🥉 18K Gold (75% Purity)
18K gold is the preferred choice for diamond and gemstone-studded jewelry. The higher percentage of alloy metals provides the strength needed to hold precious stones securely.
🎖️ 14K Gold (58.3% Purity)
14K gold is becoming a trend in India for “Workwear Jewelry.” It is more affordable and much more resistant to scratches and wear.
🛒 Tips for Buying Gold This Week 📝
If you are planning to visit Tanishq or Kalyan Jewelers today, keep these tips in mind:
- Check the Hallmark: Never buy gold without the BIS Hallmark. In 2025, the HUID (Hallmark Unique Identification) is mandatory.
- Know the Making Charges: Jewelry brands often charge between 8% to 25% as making charges. Always ask for a breakdown.
- Transparent Billing: Ensure the GST (usually 3%) is calculated correctly on the total value.
- Compare Buy-back Policies: Brands like Malabar and Tanishq offer specific buy-back guarantees that can save you money in the future.
📉 Silver’s Remarkable Run: Why It’s Outperforming Gold 🌪️
While the gold story today is about a minor fall, the silver story is about a massive explosion. Breaking the ₹2 Lakh per kg barrier is a historic milestone.
- Industrial Demand: With the rise of Electric Vehicles (EVs) and Solar Panels, the industrial use of silver is at an all-time high.
- Scarcity: Silver is often a byproduct of other mining, making its supply less elastic than gold.
- Investment Shift: Many retail investors who find gold “too expensive” are shifting their portfolios toward silver, driving up the price through sheer volume.
🏁 Conclusion
The current volatility in the bullion market serves as a reminder that gold and silver, while safe havens, are subject to market forces. Today’s price drop in gold offers a slight breather for retail consumers, especially those with upcoming weddings. However, the massive surge in silver indicates that the broader precious metals market is still in a “bull phase.” Whether you are buying from Tanishq, Kalyan, or Malabar, staying updated with the daily MCX and IBJA rates is the best way to ensure you make a smart investment.
❓ Frequently Asked Questions.
Q1: Why is gold cheaper today than yesterday?
A: Gold prices dropped today primarily due to profit-booking by investors after recent record highs. Small fluctuations in the global dollar index also contributed to the decline.
Q2: What is the difference between Tanishq gold rates and IBJA rates?
A: IBJA provides the base market rate for pure gold. Retail brands like Tanishq add operational costs, premiums, and brand-specific charges, which is why their rates are usually slightly higher.
Q3: Is it better to buy 22K or 24K gold for investment?
A: For pure investment, 24K gold (coins or bars) is better as it has the highest resale value. For jewelry, 22K is the standard.
Q4: Why has silver price increased so much?
A: Silver has surged by over ₹6,000 today due to massive industrial demand and investors shifting focus from gold to silver for better percentage returns.
Q5: Can I track live gold rates on my phone?
A: Yes, you can track live MCX rates on financial apps or check “newswell24.com” for daily updates on brand-specific prices like Tanishq and Kalyan.
External Source: Patrika Report
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