Precious metals traded lower in the early hours of Wednesday, with both gold and silver witnessing notable declines amid weak sentiment in the commodities market.
As of 9:31 am IST on 31 December 2025, gold futures for the February 2026 contract were trading at ₹1,35,721 per 10 grams, down ₹945 or 0.69% from the previous close. The decline comes after gold failed to sustain recent gains, with profit-booking visible at higher levels.
Silver saw a sharper correction in early trade. March 2026 silver futures were quoted at ₹2,32,929 per kilogram, plunging ₹18,083 or 7.20%. The steep fall in silver prices weighed heavily on the broader metals segment.
Meanwhile, other commodities also remained under pressure. Crude oil futures for January 2026 slipped marginally, trading lower by 0.17%, while natural gas futures declined 0.89% in early deals.
Market participants are closely tracking global cues and positioning ahead of the year-end, with reduced liquidity and cautious sentiment influencing price movements across commodities.
