Gold Prices Cool Down After Record Run, Silver Still Hot: Check Latest 22K & 24K Rates
After a breathless start to December, where both Gold and Silver shattered historical records, the bullion market took a breather this week—but only partially. The week ending December 21, 2025, brought some relief to gold buyers as prices saw a healthy correction, while Silver continued to assert its dominance, becoming even more expensive.
If you have been waiting on the sidelines, stunned by the recent record highs (Gold crossing historical peaks and Silver breaching ₹2 Lakh/kg just last week), this weekly update is crucial. The divergence in price action suggests different market forces are playing out for the two precious metals.
In this MoneyDock report, we break down the latest 22 Carat and 24 Carat prices, analyze the weekly change data, and provide a verdict on whether this is a buying opportunity.
📉 The Weekly Trend Snapshot (Dec 15 - Dec 21)
The bullion market showed clear divergence this week:
- Gold: Witnessed profit-booking and ended the week lower.
- Silver: Continued to see industrial buying pressure and ended the week higher.
1. Current Gold & Silver Rates (As of Dec 21, 2025)
Below is the indicative pricing table for major Indian cities. Note that these prices often exclude GST and making charges.
| Metal Type | Approx. Price Today | Weekly Trend |
|---|---|---|
| 24 Carat Gold (10g) | ₹82,500 - ₹83,000 | ▼ Down |
| 22 Carat Gold (10g) | ₹75,600 - ₹76,100 | ▼ Down |
| Silver (1 kg) | ₹2,04,500 - ₹2,06,000 | ▲ Up |
*Prices are indicative and vary based on city, local taxes, and jeweler policies.
2. Why Did Gold Fall? (The Healthy Correction)
Following the massive rally earlier in the month, a correction in gold was anticipated by analysts. Two main factors drove prices down this week:
- Profit Booking: Investors who bought in at lower levels cashed out to realize their gains ahead of the year-end holidays. This is a normal market phenomenon after a steep rise.
- Currency Stabilization: The Indian Rupee, which had crashed to ₹90 against the Dollar (making imports costlier), saw minor stabilization this week, reducing the domestic landing cost of gold slightly.
3. Why is Silver Unstoppable?
While gold traders booked profits, silver buyers kept accumulating. As discussed in our previous reports, Silver's rally is driven less by investment demand and more by chronic industrial shortage. The demand from the solar and EV sectors shows no signs of slowing down in 2026, keeping prices buoyant even when gold corrects.
Final Verdict: The Opportunity
A dip in prices after a record run is often viewed as a buying opportunity by long-term investors.
🛡️ The MoneyDock Takeaway
For Wedding/Jewelry Buyers:
The current dip in Gold is a good window to make purchases if you have events coming up in early 2026. Prices are unlikely to crash significantly given the global uncertainties.
For Investors (SGB/ETFs):
- Gold: Use this correction to add to your Sovereign Gold Bonds (SGB) or Gold ETFs via SIPs.
- Silver: Remain invested. The industrial fundamentals are too strong to ignore. Avoid FOMO buying at current peaks; wait for sharper dips to add fresh positions.
Disclaimer: Precious metal markets are volatile. This post is for informational purposes only and does not constitute financial advice.