Current Gold and Silver Prices in Major Indian Cities as of May 20, 2026
Gold, silver rates on May 20: Check latest prices for 24K, 22K, 18K in Delhi, Mumbai, Chennai, Kolkata
Business News India
Image: Business News India
On May 20, 2026, gold and silver prices in India remained stable with minor fluctuations amid geopolitical tensions and mixed signals from the US dollar. In major cities, 24-carat gold is priced around ₹15,705 per gram, while silver is approximately ₹2,84,900 per kilogram, reflecting steady domestic demand and cautious investor sentiment.
- 0124-carat gold is priced at ₹15,720 per gram in Delhi, ₹15,705 in Mumbai, ₹16,223 in Chennai, and ₹15,705 in Kolkata.
- 0222-carat gold is priced at ₹14,411 per gram in Delhi, ₹14,396 in Mumbai, ₹14,871 in Chennai, and ₹14,411 in Kolkata.
- 03Silver prices are consistent at ₹2,849 per 10 grams in Delhi, Mumbai, and Kolkata, while Chennai sees a higher rate of ₹2,999.
- 04Gold prices are influenced by international bullion rates, currency movements, and seasonal demand, particularly with the wedding season approaching.
- 05On the Multi Commodity Exchange (MCX), gold settled at ₹1,60,001 per 10 grams, while silver dropped to ₹2,74,950 per kg.
Advertisement
In-Article Ad
As of May 20, 2026, gold and silver prices in India showed minor fluctuations across major cities, reflecting steady domestic demand amidst geopolitical tensions in West Asia and mixed signals from the US dollar. The price for 24-carat gold is approximately ₹15,705 per gram, while 22-carat gold is around ₹14,396 per gram. Prices vary slightly by city due to local taxes and jewellers’ margins, with Delhi seeing 24K gold priced at ₹15,720 and Chennai at ₹16,223. Silver prices remain elevated, trading at about ₹2,84,900 per kilogram, supported by industrial demand and investment buying. The Multi Commodity Exchange (MCX) reported gold settling at ₹1,60,001 per 10 grams, indicating a 0.38% increase, while silver experienced a slight decline of 0.61% to ₹2,74,950 per kg. Analysts suggest that upcoming global economic cues and geopolitical developments will influence future trends in precious metals.
Advertisement
In-Article Ad
Stable gold and silver prices may encourage consumer purchases during the upcoming wedding season, impacting local jewellers and the bullion market.
Advertisement
In-Article Ad
Reader Poll
How do you expect gold prices to trend in the coming months?
Connecting to poll...
Read the original article
Visit the source for the complete story.