Gold Rate Today: Gold Prices Surge Again While Silver Drops; Check Rates in Bengaluru, Mumbai, and Other Cities
while gold prices softened in most international markets, domestic rates in India defied the trend and inflated heavily, primarily driven by a sharp depreciation in the value of the Indian Rupee.
Gold Rate Today: Gold prices in India witnessed another sharp increase today, continuing the upward rally from yesterday. Following a jump of Rs 75 yesterday, the price of the yellow metal surged by another Rs 120 per gram on Wednesday.
Interestingly, while gold prices softened in most international markets, domestic rates in India defied the trend and inflated heavily, primarily driven by a sharp depreciation in the value of the Indian Rupee.
In contrast to gold’s stellar rally, silver prices faced a steady decline today, dropping between Rs 5 to Rs 15 per gram across major cities, maintaining its downward trajectory from the previous session.
Currently, the retail price for 10 grams of 22-karat jewellery gold in India stands at Rs 1,45,150, while 24-karat pure (Aparanji) gold has reached Rs 1,58,350 per 10 grams. Meanwhile, 100 grams of silver is retailing at Rs 28,000.
In Bengaluru, 22-karat gold is priced at Rs 1,45,150 per 10 grams, and silver is stable at Rs 28,000 per 100 grams. However, in states like Tamil Nadu and Kerala, silver prices remain slightly higher at Rs 28,500 per 100 grams.
Pan-India Base Rates (May 20): (Purity, Price per 1 Gram, Price per 10 Grams / 100 Grams):
24-Karat Gold – Rs 15,835 – Rs 1,58,350
22-Karat Gold – Rs 14,515 – Rs 1,45,150
18-Karat Gold – Rs 11,876 – Rs 1,18,760
City-Wise 22-Karat Gold & Silver Rates (Per 1 Gram):
Bengaluru – Rs 14,515, – Rs 280
Mumbai – Rs 14,515 – Rs 280
Kolkata – Rs 14,515 – Rs 280
Kerala – Rs 14,515 – Rs 285
Bhubaneswar – Rs 14,515 – 285
Ahmedabad – Rs 14,520 – Rs 280
Delhi – Rs 14,530 – Rs 280
Jaipur – Rs 14,530 – Rs 280
Lucknow – Rs 14,530 – Rs 280
Chennai – Rs 14,750 – Rs 285.
