Gold price today: Prices hit all-time high at Rs 1,35,550 per 10 gram on MCX; Check 24K, 22K, 18K prices in your city

Gold price today

Gold price in the domestic futures market on MCX hit an all-time high on Monday (December 22) at Rs 1,35,550 per 10 grams of 24-Carat purity as of 9:40 am IST. Gold futures, where trading involves standardised contracts to buy and sell the precious metal at a predetermined price, is approximately 1.01 percent up from their previous close.

The precious metal's last peak performance was at Rs 1,35,079 on December 17, 2025.

The spot price of gold, where the physical precious metal is bought and sold for immediate delivery,  stood just above $4,395 an ounce on Monday. The price is up 2.16 percent in a week.

Meanwhile, the rupee stood at 89.999 against the U.S. dollar on Monday, representing a gain of 0.48 percent in a day and a decline of 0.87 percent in a week.

Gold prices vary by purity. Check out below to see the prices of gold based on its purity.

Source: Goodreturns

Gold rates across India’s major cities showed remarkable uniformity, with only marginal differences due to local taxes, jeweller margins, and logistics costs.

Source: Goodreturns

Gold continues its uptrend, setting new all-time highs as investors anticipate two interest rate cuts in early 2026.

The Augmont Bullion report, published on December 19, noted that geopolitical tensions between the United States and Venezuela, combined with robust industrial and investment demand, could provide some support to safe-haven assets such as gold.

“Consumer prices in the United States increased 2.7% year on year in November, falling short of the 3.1 percent expected. Cooling US CPI inflation figures could pave the path for further Fed rate reduction.

“The Bank of Japan raises the benchmark rate to 0.75 percent, the highest level in three decades. This is supportive for precious metals. In November, India's gold imports decreased by about 73 percent month on month to $4 billion, from a record $14.7 billion in October due to lower demand and higher prices,” the report stated.