Gold Prices Rise on December 11: Check Latest City-Wise Rates for 22K and 24K Gold

Gold prices continued their upward trend on December 11, with both gold and silver showing early morning gains across major Indian cities. The precious metal has been on a strong run throughout the year, making it one of the most preferred investment options during periods of uncertainty and economic volatility.

According to market data, domestic gold prices have surged nearly 67% so far in 2025, reflecting robust investor demand and global market support. Here’s a detailed look at today’s gold rates and what experts expect moving forward.


Gold Price Today: 24K Gold Crosses ₹1.30 Lakh Mark in Delhi

On December 11, 24-carat gold reached ₹1,30,470 per 10 grams in Delhi — one of the strongest levels recorded this season.
The price of 22-carat gold in the national capital also climbed to ₹1,19,610 per 10 grams, mirroring the nationwide bullish trend.

Mumbai, which typically mirrors global price movements more closely, recorded slightly lower but consistent rates. In the financial capital, 24-carat gold was priced at ₹1,30,320 per 10 grams, while 22-carat gold traded at ₹1,19,460 per 10 grams.


Gold Rates in Major Cities: December 11 Update

Here’s a city-wise snapshot of gold prices across India:

City22K Gold (₹/10g)24K Gold (₹/10g)
Delhi1,19,6101,30,470
Mumbai1,19,4601,30,320
Ahmedabad1,19,5101,30,370
Chennai1,19,4601,30,320
Kolkata1,19,4601,30,320
Hyderabad1,19,4601,30,320
Jaipur1,19,6101,30,470
Bhopal1,19,5101,30,370
Lucknow1,19,6101,30,470
Chandigarh1,19,6101,30,470

Across most cities, the price gap between 22-carat and 24-carat gold remains consistent, reflecting stable demand patterns in both jewellery and investment-grade segments.


Gold Prices in Pune and Bengaluru

Both Pune and Bengaluru recorded identical rates today:

  • 22K Gold – ₹1,19,290 per 10 grams
  • 24K Gold – ₹1,30,320 per 10 grams

These markets often see steady seasonal demand, especially ahead of weddings and festive purchases.


Why Gold Prices Are Rising

Gold has historically acted as a safe-haven asset, particularly during economic instability. In 2025, the sharp rise of nearly 67% in domestic markets has been driven by multiple factors:

1. Global Uncertainty

Geopolitical tensions, inflation concerns, and slower economic recovery in major economies have pushed investors toward gold.

2. Rupee–Dollar Movement

Any weakening in the Indian rupee against the US dollar typically pushes domestic gold prices higher. Analysts suggest that if current currency trends continue or the rupee depreciates further, gold prices could see an additional 5% to 16% rise in 2026.

3. Global Gold Market Surge

According to the London Bullion Market Association (LBMA), international gold prices have risen nearly 60% this year, significantly influencing domestic rates.


What to Expect Going Ahead

Market experts believe gold may continue to remain strong in the coming months. If global conditions stay uncertain and foreign exchange dynamics remain similar, both retail and investment demand for gold could stay elevated.

Silver, too, has shown upward movement today, reflecting the broader momentum in precious metals.


Gold’s impressive performance in 2025 has reaffirmed its position as a reliable long-term investment option. Whether for jewellery purchases or portfolio diversification, today’s price trend highlights why gold remains one of the most trusted assets for Indian households.