Gold, Silver Soar to Record Highs on Dec 26; Check City Rates Now!

• Gold and silver prices hit new highs on December 26 due to safe-haven demand and expectations of US interest rate cuts.
• Silver crossed Rs 2.5 Lakh per kg, while 24-carat gold reached Rs 1.40 Lakh per 10 grams in some cities.
• In Mumbai, 24-carat gold was Rs 1,38,930/10gm and silver Rs 2,33,000/kg (excluding GST/making charges).
• International gold prices surged to $4,501.44/ounce; gold up 70% and silver over 150% this year.
• Indian gold prices are influenced by global rates, import duties, taxes, exchange rates, and cultural demand.

Why It Matters: Gold and silver prices reached unprecedented highs on December 26, driven by global economic factors.