Gold and Silver Prices This Evening: White metal slipped by Rs 3,584, yellow metal holds its position firmly

Gold and silver prices were quite volatile on Tuesday. While gold traded close to its usual levels, silver dropped sharply after touching an all-time high just a day earlier.

Gold prices today

Gold on the Multi Commodity Exchange (MCX) traded around Rs 1,27,320 per 10 grams, showing considerable movement throughout the day. The yellow metal recorded an intraday high of Rs 1,27,836 and an intraday low of Rs 1,26,481 per 10 grams.

In the morning session, gold was optimistic on MCX, but by around 2:30 pm IST, the metal experienced a strong fall, which indicated the influence of global cues. Nevertheless, in the evening gold was able to regain its power and turn positive once again.

On December 1, 2025, prices hovered around similar levels, suggesting a largely steady domestic trend this week.

In the international market, gold prices were trading at $4,184.83 per troy ounce, marking a decline of 1.33 per cent for the day. Despite today’s softening, the yellow metal has surged $21.26 per cent over the last 30 days, reflecting strong long-term bullish sentiment globally.

Silver prices today

Silver, which had recorded an all-time high of Rs 1,78,499 per kilogram on Monday evening, witnessed a sharp downward correction today. The white metal was trading near Rs 1,74,616 per kilogram, down 2.01 per cent from the previous session.

Silver prices have also decreased by Rs 3,584 from the previous close of Rs 1,78,200 per kilogram. The metal registered an intraday high of Rs 1,77,737 per kilogram and an intraday low of Rs 1,73,238 per kilogram, highlighting a strong decline driven by heavy profit-booking.

This comes just a day after silver climbed rapidly to historic levels.

Internationally, silver was trading around $57.43, lower by 1.94 per cent for the day. Despite the fall, silver has surged a massive 21.26 per cent in the last 30 days, driven by aggressive global buying and concerns over supply-side disruptions.

Why are bullion prices so volatile?

As per experts, geopolitical tensions primarily, along with changes in investor mood and increased uncertainty in global markets, might be the causes for recent volatility in gold and silver prices.