Gold and silver prices have surged sharply over the past five days, leaving buyers and investors stunned. As 2025 nears its end, precious metals are touching record highs, making them increasingly unaffordable for the common man.
While gold continues its steady rise, silver has emerged as the biggest surprise, registering an unprecedented jump in a very short time. The rapid increase has triggered concern among consumers and excitement among investors.
Silver Prices Skyrocket on Strong Demand
This year, silver has turned into the star performer among commodities. Driven by rising industrial demand and strong global cues, silver prices show no signs of slowing down.
On the MCX, silver futures were trading at ₹2,08,439 per kg on December 19. However, within just five trading sessions, the price surged to ₹2,40,935, marking a massive increase of ₹32,496 per kg. Moreover, by Sunday, silver prices touched ₹2,51,000 per kg, setting a fresh record.
Experts say growing industrial usage, along with investor demand, continues to fuel this sharp rally.
Gold Prices Also Climb Rapidly
Meanwhile, gold prices have also climbed steadily, though at a slightly slower pace compared to silver. According to MCX data, the price of 24-carat gold rose by ₹5,744 per 10 grams in a week.
On December 19, gold traded at ₹1,34,196 per 10 grams. By Friday, it increased to ₹1,39,940, and by Sunday, prices further climbed to ₹1,41,220 per 10 grams.
What Lies Ahead?
Market experts believe that gold and silver prices may continue to rise in the coming days due to global uncertainty, strong demand, and year-end trading activity. As a result, buyers may need to brace for even higher rates in the near future.
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