Gold Prices Today, Dec 8: Significant Drop in 24K & 22K Rates

The market for precious metals opened on Monday, December 8, 2025, with significant fluctuations:

• Gold (10 grams 24-carat): ₹1,30,150
• Gold (10 grams 22-carat): ₹1,19,300
• Silver (1 kg): ₹1,95,000

The day before gold prices shifted a little downward, yet they were still very close to the peaks thanks to the strong demand last week. The demand for gold during the last week has been mainly due to a weaker dollar, as the dollar declines this can lead to higher prices for gold. While the demand for gold might have slowed down momentarily, it still remains very high and this has created a situation where gold is seen as a very valuable and expensive asset at the same time for investors as well as for the buyers of ornaments.

What is the reason behind the gold prices?

The experts do not only refer to one but several factors that are affecting the gold price:

Decision of US Federal Reserve on Rates:

Investors keep a close watch on the Fed’s announcement regarding interest rates which is expected sometime this week. The majority of the analysts are going for the rate cut of 25 basis points, which in turn, could result in the gold prices soaring as the lower interest rates are making gold a more attractive possession than the others that pay interest.

Trends in Global Markets:

In the international markets, the price of gold is almost $4,225 per ounce, which is a little less than the peak price of $4,250, since some investors have already decided to cash in on their profits.

Impact of Retail Market:

The price of 22-carat gold being ₹1.20 lakh for 10 grams is making gold jewelry purchase more costly.

Silver's Highs Touch The Roaring Heights

The reverse is the case for silver whose prices have gone up pretty well to ₹195,000 today which was the bullish point of the silver market. The demand of silver in the global market has been the main reason which was pointed out by the analysts for this price increase. A lot of experts are saying that if the same demand continues, silver would soon be priced at 2 lakhs per kg.

Investor Summary:

• Gold: A little cheaper today but rather close to record highs; rate cuts by the Fed are likely to drive the prices up again.
• Silver: Observing the growth trend; industrial demand may continue to play the role of a price support.
• Jewelry Purchase: The present day price of 22-carat gold at ₹1.19 lakh for 10 gms does not favor the common retail buyer.

It is a must for the buyers and investors to keep watching world indications along with the decision of the US Fed, and international demand trends so as to make their purchases wisely.