Gold Silver Price Today May 20: Silver fell by more than ₹6000, gold also slipped, know the rate of 24K gold in your city.
Gold Silver Rate Today May 20, 2026:
A mixed effect was seen in the price of gold and silver on Tuesday. While gold and silver prices declined on the MCX,gold prices rose slightly in the bullion market.
New Delhi:
Gold and silver prices witnessed significant fluctuations on Tuesday. While the prices of both the metals remained stable during the day on the Multi-Commodity Exchange (MCX), the prices crashed at night. Silver also declined in the bullion market, but gold saw a rise. According to data from the Indian Bullion and Jewellers Association (IBJA), gold and silver prices witnessed mixed movement on Tuesday evening.
The price of gold increased by Rs 800 to Rs 1.63 lakh per 10 grams in the bullion market of the national capital. According to local bullion market experts, the price of gold of 99.9 per cent purity rose by Rs 800 to Rs 1,63,600 per 10 grams (including all taxes) from Monday’s closing level of Rs 1,62,800 per 10 grams. However, silver prices declined by Rs 5,000 to Rs 2,71,000 per kg (inclusive of all taxes) due to weak industrial demand and sluggish trend in the global market.
What is the price on MCX?
Gold and silver were trading lower on MCX on Tuesday night.
Gold for June delivery fell by Rs 262 per 10 grams to Rs 1,59,139. During the day, it had reached ₹1,60,200.
There was a big fall in silver for July delivery. It fell by ₹6,397 per kg to ₹2,70,254. During the day it reached the figure of Rs 2,76,666.
Gold Rates in Major Cities
City 24K 22K 18K
Delhi ₹157190 ₹144100 ₹117930
Mumbai ₹157040 ₹143950 ₹117780
Kolkata ₹157040 ₹143950 ₹117780
Chennai ₹162220 ₹148700 ₹124100
Lucknow ₹157190 ₹144100 ₹117930
Kanpur ₹157190 ₹144100 ₹117930
Patna ₹157090 ₹144100 ₹117830
Jaipur ₹157190 ₹143350 ₹117930
Indore ₹157090 ₹144000 ₹117830
Bhopal ₹157090 ₹144000 ₹117830
What’s the expert opinion?
HDFC Securities Senior Analyst (Commodities) Saumil Gandhi said crude oil prices eased slightly on easing geopolitical tensions, providing support to precious metals after the recent sharp fall. “Furthermore, speculative buying and short-covering after last Friday’s massive sell-off have contributed to the recent recovery in precious metals,” Gandhi said.
Spot gold prices are trading around $4,540 per ounce as crude oil prices remain elevated despite easing slightly, said Praveen Singh, head of commodities at Mirae Asset Sharekhan. He said investors are now awaiting the details of the US Federal Open Market Committee (FOMC) meeting for further clues about the interest rate cycle and its impact on bullion prices.
What is the price in the international market?
In the international market, spot gold was trading 0.47 per cent lower at $4,544.78 per ounce. Silver fell 2.01 percent to $76.12 per ounce.
Gold-Silver Price Today 20 May 2026: Gold prices have increased today and 99.9% pure 24 carat gold has reached Rs 1,57,050 per 10 grams. At the same time, the price of 22 carat gold is Rs 1,43,960 per 10 grams. 18-carat gold is currently priced at ₹1,17,790 per 10 grams. If we talk about silver, there was a big fall in the price of silver yesterday, but today the market is stagnant. 99.9% pure silver is currently at ₹2,85,000 per kilogram. You can find the full price of gold and silver based on your city here.
What was the price yesterday, May 19, 2026?
On the Multi Commodity Exchange (MCX), gold for June delivery rose marginally by 0.17% to trade at Rs 1,59,674 per 10 grams yesterday, May 19, 2026. Silver also fell by 0.65% (Rs 1,800 per kg) to Rs 2,75,824 per kg.
Why are gold and silver prices rising?
In India, there is a 15% import duty on gold and silver, due to which the prices in the domestic market are higher than the international market. Furthermore, ongoing geopolitical tensions in the Middle East are driving investors to choose gold as a safe investment.
How to identify pure gold and silver?
To identify pure gold and silver, first look for the hallmark. Apart from this, you can also find out their purity through easy home methods like magnet, ice and water. Not only this, you can also check by putting a few drops of white vinegar on the jewellery. If the color changes or there is any reaction, it could be fake gold.
Why are gold prices rising today?
Tensions between Iran and the United States, along with shifting expectations surrounding inflation and interest rates, are driving volatility in gold prices. In Delhi’s bullion market, 24-carat gold rose by around Rs 800 to Rs 1,63,600 per 10 grams (all taxes included). Analysts say geopolitical uncertainty is supporting higher prices despite periodic global corrections.
What are today’s gold rates in India and global markets?
On the Multi Commodity Exchange, 24K gold futures were slightly higher at around Rs 1,59,136 per 10 grams in early trade. The previous close was Rs 1,59,080.
According to the Indian Bullion and Jewelers Association, gold stood near Rs 1,59,077 per 10 grams. In international markets, spot gold slid to around $4,544 per ounce but remained at elevated levels.
What are experts saying about the trend?
Experts from HDFC Securities say the market is reacting to improved diplomatic signals following reports that Donald Trump indicated a pause in military action plans against Iran, raising hopes of possible negotiations.
Market data shared by Press Trust of India also shows that profit booking and fresh buying activity are adding to short-term volatility in bullion prices.
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