Gold and Silver Rates Today: Find Current Prices in Your Area - - July 20 Updates

Gold and Silver Rates Today

Gold and Silver Rates Today: After reaching an all-time high of Rs 74,280 per 10 grams on Wednesday, the gold prices on Saturday, July 20 dropped by 2 percent.

The 24-carat gold price on July 20 is priced at Rs 74,350 per 10 grams and the 22-carat gold is priced at Rs 68,150 per 10 grams, the price of gold has gone down by Rs 490 from yesterday's price.

The price of 24-carat gold yesterday was Rs 74,840 and the rates of 22-carat gold cost Rs 67,600.

Silver on July 20 costs Rs. 89,070 per kilogram, which is Rs. 2,670 less than the earlier price.

Also Read: Bill Gates-Backed Startup Produces Animal-Free Butter From Thin Air

Gold and Silver Rates Today: Find Current Prices in Your Area

• Meanwhile, the price of gold per 10 grams in Delhi is valued at Rs 75,144, and the silver price per kilogram is valued at Rs 89,070.
• In Mumbai, the gold prices are valued at Rs 75,071 per 10 grams and the silver prices cost around Rs 89,070 per kilogram.
• In Chennai, the gold prices are priced at Rs 74,558 per 10 grams which is down by Rs 101 from yesterday's price and the silver prices are priced at Rs 89,250.
• The price of 10 grams of gold in Kolkata is priced at Rs 74,558 and the price of silver per kilogram is valued at Rs 89,070.

Also Read: Fuel Prices Today: Find The Latest Petrol And Diesel Rates In Your City - July 20 Updates

In the MCX the gold contracts for February 2025 are trading at Rs.74,679 per 10 gm and the silver contracts for December 2024 are trading at Rs.92,150 per kg.

Gold is a very important element not only for investors but also for the Indian culture as it is worn by millions of women across India and is also used in weddings and to decorate idols of the lord.

However, gold prices are influenced by several factors such as demand and supply, US dollar value, geopolitical factors, interest rates, taxes, and many others.

Also Read: Top Stocks To Watch After India's 2024 Budget Announcements