Check the Latest Gold and Silver Prices on May 20 in Your City

On Saturday, the price of gold witnessed a decline of ₹300-400 compared to the previous day. As per Goodreturns, the price of 10 grams of 22-carat gold was ₹55,800, while the price of the same quantity of 24-carat gold was ₹60,870.

Silver prices also declined in the country as cost of 10 gram of the metal stood at ₹743 after a reduction of ₹2 when compared to Friday.

 

Cities Gold (24K/10gm) Silver (per 10 gm)

Chennai ₹61,360 ₹780

Mumbai ₹60,870 ₹743

Delhi ₹61,020 ₹743

Kolkata ₹60,870 ₹743

Bengaluru ₹60,920 ₹780

Hyderabad ₹60,870 ₹780

Kerala ₹60,870 ₹780

Pune ₹60,870 ₹743

Vadodara ₹60,920 ₹743

Factors determining silver price per 1 gram in India today

In India, silver prices are heavily influenced by international market trends. It is observed that gold and silver prices generally move in sync with each other. This means that when gold prices rise, silver prices also tend to rally.