Gold, Silver Price today May 20, 2024: Check latest rates in Mumbai, Delhi, Chennai, Bengaluru

On Monday, May 20, 2024, both gold and silver prices surged on the Multi Commodity Exchange (MCX).

As per the good returns site, the price of 24-carat gold increased by Rs. 540 to Rs. 75,310 per 10 grams, while the price of 22-carat gold dropped by Rs. 500 to Rs. 69,050 per 10 grams.

Meanwhile, the average price of 1 kg of silver stood at 96,500 rupees.

24 Carat Gold Price Today 20 May (per 10gm) - Indian Top Cities

Delhi - ₹75,310
Chennai - ₹75,280
Mumbai - ₹75,160
Kolkata - ₹75,160
Bengaluru - ₹75,160

1 KG Silver Price Today 20 May - Indian Top Cities

Delhi - ₹96,500
Chennai - ₹1,01,000
Mumbai - ₹96,500
Kolkata - ₹96,500
Bengaluru - ₹96,500

Gold and silver prices in India are influenced by various factors, such as the rupee's value compared to the dollar and global demand for these precious metals.