Gold Prices Today on 20th May: Gold Rates Ease Slightly Across India

Gold prices in India saw a mild decline on Tuesday, 20th May 2025, after holding relatively steady in recent sessions. Both 22K and 24K gold rates have slipped modestly, reflecting a slight cooling in demand. As per the latest update, 22K gold is priced at ₹8,710 per gram, while 24K gold stands at ₹9,502 per gram.

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Cost of Gold in India Dips Marginally on 20th May 2025

As of 10:42 AM on 20th May, gold rate today have registered a minor decline across major cities in the country. Today, 22K gold is down by ₹45 per gram, and 24K gold has fallen by ₹49 per gram. Here's how gold is priced in key metro areas:

• Gold Price Today in Mumbai: In India's financial capital, 22K gold is trading at ₹8,710 per gram, while 24K gold is priced at ₹9,502 per gram.
• Gold Price Today in Chennai: In the southern city of Chennai, 22K gold is available at ₹8,710 and 24K at ₹9,502 per gram.
• Gold Price Today in Bangalore: Gold rates remain steady in Bangalore, with 22K gold at ₹8,710 and 24K at ₹9,502 per gram.
• Gold Price Today in Hyderabad: Hyderabad continues to mirror the broader market, offering 22K gold at ₹8,710 and 24K gold at ₹9,502 per gram.
• Gold Price Today in Kerala: In Kerala, a key market for gold in India, prices remain unchanged at ₹8,710 per gram for 22K gold and ₹9,502 for 24K gold.
• Gold Price Today in Delhi: The capital city shows slightly elevated rates, with 22K gold priced at ₹8,725 per gram and 24K gold at ₹9,517 per gram.
   

Recent Gold Price Movements in India

Gold prices have shown a largely stable pattern over the past few days with only slight movements. Here’s a quick summary of recent fluctuations:

• May 20: Gold rates dipped—₹45 down for 22K and ₹49 down for 24K per gram.
• May 19: Prices saw a mild increase—22K rose by ₹35 and 24K by ₹38 per gram.
• May 17: No significant change observed.
• May 16: Gold prices saw a strong rebound—22K gold at ₹8,720 and 24K gold at ₹9,513 per gram.
• May 15: Gold rates dropped significantly—22K gold was ₹8,610 and 24K gold was ₹9,393 per gram.
   

Market Outlook

The marginal drop in gold rates on 20th May possibly indicates a period of mild correction, which maybe influenced by international price cues and domestic demand shifts. While prices remain elevated compared to earlier this year, short-term trends may continue to reflect global economic factors, interest rate expectations, and currency movements. Investors are advised to keep an eye on daily fluctuations to better time their entry.