Gold and silver prices rose in early trade on Monday, December 29, 2025, with both metals hitting fresh highs on the Multi Commodity Exchange (MCX). Silver crossed Rs 2.5 lakh per kg for the first time, while gold stayed close to the Rs 1.40 lakh mark per 10 grams.

Gold futures for the February 5, 2026 contract opened slightly lower but soon moved up and touched a new lifetime high near Rs 1,40,444 per 10 grams. The contract was later seen trading around Rs 1,40,400, up about 0.1{3ed7819c3563dca85364f9c966d48c284cd3d43c23a196a6bbb99b5b9eebb247} on the day. Recent trading has also seen gold print an intraday peak close to Rs 1,40,465 in the previous session.

MCX gold for April 2026 was also higher in early trade, moving above Rs 1,44,000 per 10 grams.

Also Read: Gold and Silver Rates Today December 24, 2025

Silver futures on MCX surged at the open and later hit a new all-time high of Rs 2,54,174 per kg, after crossing Rs 2.5 lakh per kg during the session. Market trackers noted the March silver contract was up sharply in early trade as the rally extended into another session.

A market analyst said silver has been moving faster than gold in this phase, and traders are watching the Rs 2,50,000 level closely, with near-term support seen around the Rs 2,40,000–Rs 2,35,000 band if prices cool.

In overseas trade, gold was slightly lower, with spot prices hovering near the mid-$4,500 per ounce area in early hours.

In Gurgaon, 24-carat gold was quoted at about Rs 1,41,860 per 10 grams, while 22-carat gold was around Rs 1,30,050 per 10 grams.

Silver price in Gurgaon was quoted at around Rs 2,58,000 per kg.

Across major cities, bullion rates were also elevated. Gold in Delhi was quoted near Rs 1,41,860 per 10 grams for 24-carat and around Rs 1,30,005 for 22-carat. Silver in Delhi, Mumbai, and Kolkata was near Rs 2,58,000 per kg, while Chennai was higher at around Rs 2,81,000 per kg.

Also Read: Gold and Silver prices in India December 23, 2025

Silver led the move on December 29, 2025, with MCX prices touching Rs 2,54,174 per kg, while gold stayed close to its own record zone near Rs 1,40,444 per 10 grams. City prices, including Gurgaon, remained high as traders tracked both local futures and global cues.

Market	Item	Price
MCX Futures	Gold (Feb) intraday high	Rs 1,40,444 per 10g
MCX Futures	Silver (Mar) day’s high	Rs 2,54,174 per kg
Gurgaon	Gold 24K	Rs 1,41,860 per 10g
Gurgaon	Gold 22K	Rs 1,30,050 per 10g
Gurgaon	Silver	Rs 2,58,000 per kg
Delhi	Gold 24K	Rs 1,41,860 per 10g
Delhi	Gold 22K	Rs 1,30,050 per 10g
Mumbai	Gold 24K	Rs 1,41,710 per 10g
Mumbai	Gold 22K	Rs 1,29,900 per 10g
Kolkata	Gold 24K	Rs 1,41,710 per 10g
Kolkata	Gold 22K	Rs 1,29,900 per 10g
Chennai	Gold 24K	Rs 1,42,040 per 10g
Chennai	Gold 22K	Rs 1,30,200 per 10g
Chennai	Silver	Rs 2,81,000 per kg
India (common city level)	Silver	Rs 2,58,000 per kg