The morning session on December 20, 2025 , gold prices in Mumbai traded slightly lower compared with the previous close, reflecting muted buying interest. The rate for 24 carat gold stood at ₹1,34,170 per 10 grams , while 22 carat gold was priced at ₹1,22,990 per 10 grams . Both categories saw a decline of ₹10 per 10 gram s. Despite the small dip, domestic gold prices remain elevated, supported by currency movements, inflation hedging demand, and cautious positioning ahead of global macroeconomic cues.