Silver and Gold Price: This year there was a bumper rise in the prices of gold and silver. However, on Wednesday, the last day of the year, gold and silver prices fell in Delhi due to weak global trend and strong US dollar. According to All India Bullion Association, today the prices of gold of 99.9 percent purity fell for the third consecutive day and closed at Rs 1,37,700 per 10 grams, down by Rs 1,300. On Tuesday it closed at Rs 1,39,000 per 10 grams.
The ongoing rise in silver prices for 6 days stopped
A big fall in silver prices was recorded on the last day of the year and the record breaking rally that had been going on for the last 6 days came to an end. According to the association, today the price of silver fell by Rs 2000 to Rs 2,39,000 per kg in Delhi’s bullion market. On Tuesday, silver prices rose by Rs 1000 to reach a lifetime high of Rs 2,41,000 per kg. Silver gave more than double the returns of gold this year. In 2025, silver has given a strong return of 164 percent i.e. Rs 1,48,500 per kg. On January 1, 2025, the price of silver was Rs 90,500 per kg.
Gold and silver fell badly in the international market also
In the international market, spot gold fell $30.59, or 0.71 per cent, to $4308.30 an ounce. HDFC Securities Senior Analyst Saumil Gandhi said, “Commodity prices may see further correction pressure in the short-term. However, market participation is likely to be low amid the year-end holidays, with the US market closing early on Wednesday.” Globally, spot gold started 2025 at $2657.16 an ounce and reached an all-time high of 4550.11 an ounce on December 26. Spot gold prices have increased by $1651.14 (62.14 percent) this year.
Gold price will reach $5400 per ounce by the end of 2027
Meanwhile, in the foreign market today, spot silver fell by $ 4.60 (6.04 percent) and reached $ 71.67 an ounce. Spot silver started the year at $29.57 an ounce and reached a peak of $83.63 an ounce on December 29. Overall, the price of silver in 2025 is expected to increase by $42.1 (142.4 percent). According to JP Morgan, the global investment firm estimates that gold prices in the international market will average $ 5055 per ounce by the last quarter of 2026 and will increase to $ 5400 per ounce by the end of 2027.
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