Gold Today Rate, 20 May: Check 18, 22 and 24 carat gold prices Chennai, Mumbai, Delhi, Kolkata and other cities
Gold continues to be one of the most reliable and trusted investment avenues in India. On Monday, 20 May 2025, gold prices in India held steady across most cities, with marginal variations reflecting global market cues, currency fluctuations, and local demand. Whether you’re a first-time buyer, a jewellery enthusiast, or a serious investor, keeping tabs on daily gold rates is crucial for making informed financial decisions.
In this article, we cover the latest gold prices in major Indian cities including Delhi, Mumbai, Chennai, Kolkata, Bengaluru, Hyderabad, and more — for 18 carat, 22 carat, and 24 carat gold.
🔔 Today’s Gold Prices – 20 May 2025
Below is a city-wise breakdown of gold prices per gram for different purities:
| City | 24K Gold (₹/gram) | 22K Gold (₹/gram) | 18K Gold (₹/gram) |
|---|---|---|---|
| Delhi | ₹9,517 | ₹8,725 | ₹7,177 |
| Mumbai | ₹9,502 | ₹8,710 | ₹7,127 |
| Chennai | ₹9,502 | ₹8,710 | ₹7,127 |
| Kolkata | ₹9,502 | ₹8,710 | ₹7,127 |
| Bengaluru | ₹9,502 | ₹8,710 | ₹7,127 |
| Hyderabad | ₹9,502 | ₹8,710 | ₹7,127 |
| Ahmedabad | ₹9,507 | ₹8,715 | ₹7,132 |
| Pune | ₹9,502 | ₹8,710 | ₹7,127 |
| Lucknow | ₹9,517 | ₹8,725 | ₹7,177 |
These rates are subject to change during the day depending on the international spot price of gold, local demand, and currency fluctuations.
🟡 What Influences Gold Prices in India?
Gold prices in India are shaped by a combination of global and domestic factors:
- International Spot Prices:
Global trends in gold trading, particularly in markets like London and New York, influence Indian gold rates. Today, the international spot gold price hovered around $2,395 per ounce, indicating a stable trend with slight bullish sentiment. - USD-INR Exchange Rate:
Since gold is priced globally in US dollars, the value of the Indian rupee against the dollar plays a direct role. A weaker rupee typically results in higher domestic gold prices. - Inflation and Interest Rates:
With inflation concerns rising globally, especially in developed markets, many investors are parking their money in gold as a hedge. - Domestic Demand:
With the wedding season and Akshaya Tritiya behind us, demand has moderated slightly but remains strong in southern and western India.
🧾 Understanding Gold Purity – 18K, 22K, 24K
Gold comes in various purities, and understanding the difference is key to choosing the right type for your needs:
- 24 Carat Gold (99.9% Pure):
This is the purest form of gold, often used for bullion and investment. It is too soft for regular jewellery. - 22 Carat Gold (91.6% Pure):
This is the most commonly used type in traditional Indian jewellery. It is mixed with small amounts of other metals to make it durable. - 18 Carat Gold (75% Pure):
Popular for modern, designer, and lightweight jewellery, especially in urban areas. It is more durable and slightly cheaper.
💰 Gold as an Investment in 2025: Is This the Right Time to Buy?
Gold has always been viewed as a safe-haven asset, and in 2025, that sentiment continues. With equity markets experiencing fluctuations and the global economy recovering at a mixed pace, gold is once again in the spotlight for both short-term stability and long-term wealth preservation.
- For Long-Term Investors:
Buying on price dips remains a smart strategy. Gold has returned nearly 15% in the past year. - For Jewellery Buyers:
With prices stable today, 20 May, it may be a good opportunity to buy ahead of future festive or wedding purchases. - Digital Gold & ETFs:
Urban buyers are increasingly investing in digital gold or gold ETFs, offering easy liquidity and storage benefits.
🛒 Tips Before Buying Gold
- Always Check the Hallmark:
Look for the BIS hallmark that certifies the purity of gold jewellery. - Compare Making Charges:
Making charges can vary between 3% and 25%. Compare across jewellers for the best deal. - Buy from Trusted Sellers:
Choose reputed brands or jewellers with transparent pricing and invoicing. - Track the Daily Rate:
Use official sources or apps from jewellers to keep updated with the latest rates. - Avoid Peak Days:
Prices often surge during festivals. Buying a few days earlier or later can help save money.
📉 Recent Gold Price Trend (Last 7 Days – 24K Gold per gram)
| Date | Price (₹/gram) |
|---|---|
| 20 May | ₹9,517 |
| 19 May | ₹9,525 |
| 18 May | ₹9,520 |
| 17 May | ₹9,498 |
| 16 May | ₹9,465 |
| 15 May | ₹9,440 |
| 14 May | ₹9,420 |
The data shows a gradual upward trend, reflecting increasing global confidence in gold.
📌 Conclusion
On 20 May 2025, gold prices in India remain stable, offering a balanced opportunity for buyers and investors alike. Whether you’re purchasing jewellery for an upcoming wedding or planning to diversify your financial portfolio, today’s market is relatively favorable. As always, stay informed, compare prices across platforms, and choose wisely based on your long-term goals.
If you’re considering making a move, now might be a smart time — before prices potentially rise with the upcoming seasonal demand.
