Gold Prices Rise Further to ₹15,835 on May 20: Check Latest 24K, 22K and 18K Rates Across Major Cities

Gold prices in India rebounded further on May 20 after witnessing a broad correction through the previous sessions. Following the decline from the recent peak of ₹16,789 on May 13, 24K gold eased to ₹16,233 on May 14 and further to ₹16,009 on May 15 before slipping to ₹15,622 on May 18. However, prices recovered to ₹15,704 on May 19 and climbed further to ₹15,835 on May 20, indicating renewed buying interest after the recent pullback.

Earlier, gold had corrected from the April peak of ₹15,577 on April 16, slipping to ₹15,066 by April 30 after a volatile second half of April. Despite the latest fluctuations, gold prices remain highly volatile and sensitive to global sentiment, currency movements, and broader market trends.

Invest in Indian Markets and Unlock Future Potential With 5paisa!

Open Account Now

Gold Prices Today in India May 20, 2026

On May 20th, gold rate today across major Indian cities decline compared to the previous session. Below are the latest per-gram prices for 24K, 22K, and 18K gold across key regions:

• Gold Price Today in Mumbai: 24K at ₹15,835, 22K at ₹14,515, 18K at ₹11,876.
• Gold Price Today in Chennai: 24K at ₹16,091, 22K at ₹14,750, 18K at ₹12,335.
• Gold Price Today in Bangalore: 24K at ₹15,835, 22K at ₹14,515, 18K at ₹11,876.
• Gold Price Today in Hyderabad: 24K at ₹15,835, 22K at ₹14,515, 18K at ₹11,876.
• Gold Price Today in Kerala: 24K at ₹15,835, 22K at ₹14,515, 18K at ₹11,876.
• Gold Price Today in Delhi: 24K at ₹15,850, 22K at ₹14,530, 18K at ₹11,891.

Recent Gold Price Movements in India

Here’s a snapshot of how gold prices have moved over the past few days:

• May 20th: 24K at ₹15,835, 22K at ₹14,515, 18K at ₹11,876.
• May 19th: 24K at ₹15,704, 22K at ₹14,395, 18K at ₹11,778.
• May 18th: 24K at ₹15,622, 22K at ₹14,320, 18K at ₹11,717.
• May 15th: 24K at ₹16,009, 22K at ₹14,675, 18K at ₹12,007.
• May 14th: 24K at ₹16,233, 22K at ₹14,880, 18K at ₹12,175.

Gold prices in India remained highly volatile through May. After correcting to ₹14,918 on May 5, 24K gold rebounded steadily to ₹15,398 on May 12 before surging sharply to ₹16,789 on May 13. However, the rally cooled thereafter, with prices easing to ₹16,233 on May 14 and further to ₹16,009 on May 15 amid profit booking. Prices declined further to ₹15,622 on May 18, recovered to ₹15,704 on May 19, and rose again to ₹15,835 on May 20, signalling renewed buying interest after the recent correction.

Similarly, 22K gold recovered from ₹13,675 on May 5 to ₹14,115 on May 12, moved sharply higher in the following sessions, reached ₹14,880 on May 14, eased to ₹14,675 on May 15, slipped further to ₹14,320 on May 18, and recovered to ₹14,395 on May 19 before rising to ₹14,515 on May 20.

The 18K rate followed a similar trend, rebounding from ₹11,189 on May 5 to ₹11,549 on May 12, surging to ₹12,592 on May 13, before easing to ₹12,007 on May 15, slipping further to ₹11,717 on May 18, and recovering to ₹11,778 on May 19. Prices then climbed to ₹11,876 on May 20, reflecting renewed strength across gold categories.

Gold Market Outlook

Gold prices in India remain highly volatile after the sharp rally seen on May 13. Following the surge to ₹16,789, 24K gold eased to ₹16,233 on May 14 and further to ₹16,009 on May 15 before slipping to ₹15,622 on May 18. Prices have since recovered to ₹15,704 on May 19 and further to ₹15,835 on May 20, signalling renewed buying interest after the recent correction. Despite the pullback from record highs, prices remain well above early-May levels, indicating underlying strength in the domestic bullion market. Chennai and Delhi continue to trade at a premium compared to other major cities.

Conclusion

As of May 20, gold prices across most major cities stand at around ₹15,835 per gram for 24K, ₹14,515 for 22K, and ₹11,876 for 18K gold. Chennai remains the highest-priced market, with 24K gold at ₹16,091, followed by Delhi at ₹15,850.

The continued recovery after the May 18 decline suggests improving sentiment in the bullion market. Gold prices are likely to remain highly sensitive to global cues, currency movements, and investor sentiment in the near term.