Gold Prices Ease to ₹13,020/g on December 2: Latest 24K and 22K Rates Across India

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Last Updated: 2nd December 2025 - 11:12 am

Gold prices in India softened slightly on Monday, December 2, easing after the steady gains recorded through the previous week. After rising consistently from November 27 to December 1, bullion saw a mild pullback, even as overall sentiment stayed firm on the back of steady domestic demand and supportive global cues.

As of the latest update, 24K gold stands at ₹13,020, while 22K and 18K gold are priced at ₹11,935 and ₹9,765, respectively. Though marginally lower than December 1 levels of ₹13,048 (24K), ₹11,960 (22K), and ₹9,786 (18K), prices remain well above last week’s readings, ₹12,846 (24K), ₹11,775 (22K), and ₹9,634 (18K) on November 28, as well as the broader range seen on November 26–27. This indicates consolidation rather than any reversal, with the overall trend still supported by stable demand and firm global cues.

Gold Prices Today in India  December 2, 2025

As of 11:10 AM on December 2, gold rate today across major Indian cities declines compared to the previous session. Below are the latest per-gram prices for 24K, 22K, and 18K gold across key regions:

Recent Gold Price Movements in India

Here’s a snapshot of how gold prices have moved over the past few days:

  • December 2nd: 24K at ₹13,020, 22K at ₹11,935, 18K at ₹9,765.
  • December 1st: 24K at ₹13,048, 22K at ₹11,960, 18K at ₹9,786.
  • November 28th: 24K at ₹12,846, 22K at ₹11,775, 18K at ₹9,634.
  • November 27th: 24K at ₹12,775, 22K at ₹11,710, 18K at ₹9,581.
  • November 26th: 24K at ₹12,791, 22K at ₹11,725, 18K at ₹9,593.

Gold prices in India eased slightly on December 2, pausing the steady climb seen through the previous week. The 24K gold rate slipped to ₹13,020 per gram, marginally lower than ₹13,048 on December 1. Even so, the rate remains above last week’s levels of ₹12,846 on November 28, ₹12,775 on November 27, and ₹12,791 on November 26. A similar movement was seen in 22K gold rate and 18K gold rate, which softened to ₹11,935 and ₹9,765, respectively, after touching ₹11,960 and ₹9,786 on December 1. Despite the minor dip, the broader trend stays constructive. Prices remain elevated compared to the previous week, supported by firm global cues and steady domestic demand—suggesting consolidation rather than any meaningful shift in sentiment.

Gold Market Outlook

Gold prices in India eased slightly on December 2, with the national average for 24K gold slipping to ₹13,020 per gram, pausing the steady gains seen over the past week. Even with this mild correction, prices remain well above the late-November level of ₹12,846 on November 28, reflecting continued support from steady domestic demand, firm global cues, and sustained investor interest.

In Mumbai, Hyderabad, Bangalore, and Kerala, 24K gold was quoted at ₹13,020 per gram, matching the national rate and indicating uniform pricing across major southern and western markets. Chennai traded at a higher ₹13,135, maintaining its traditional premium, while Delhi held steady at ₹13,035, supported by consistent retail activity and healthy local demand.

Conclusion

Gold prices in India marginally corrected on December 2, dipping from the December 1 peak of ₹13,048 to ₹13,020 per gram for 24K gold. However, the broader trend stays positive, with prices still significantly higher than the late-November levels of ₹12,846. While day-to-day movements continue, the underlying momentum remains upward, backed by resilient domestic buying and stable global cues.

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