City-wise bullion snapshot: Gold and silver prices on November 20, 2025

Gold prices across major Indian cities on November 20, 2025, showed only slight variation, with rates for 24K, 22K, and 18K gold largely aligned across most metros. Delhi recorded one of the highest price points for 24K gold at ₹12,502, while Chennai stood out with the highest overall rates across all purity levels.

Cities such as Mumbai, Kolkata, Bengaluru, Hyderabad, and Kerala reflected uniform pricing, with 24K gold at ₹12,487, making them among the more stable markets for the day. This consistency highlights a broadly steady national trend, with only minor regional differences.

Gold prices in major cities (November 20, 2025)

Silver prices in India

Today, silver is priced at ₹168.10 per gram and ₹1,68,100 per kilogram in India. Domestic silver rates largely mirror global market trends, rising or falling in line with international price movements. In addition, fluctuations in the rupee–dollar exchange rate play a major role. Even if global prices hold steady, a weakening rupee can make silver costlier for Indian buyers.

What’s influencing precious metal prices?

A mix of global and domestic forces continues to drive daily fluctuations in gold and silver rates:

International cues: Changes in global demand, geopolitical tensions, and shifts in investor sentiment often trigger movements in bullion markets.

Rupee fluctuations: A weaker rupee increases import costs, making gold and silver more expensive in India.

Seasonal buying: Festivals and the wedding season typically boost demand, causing short-term price surges.

Policy signals: RBI measures on inflation, interest rates, and foreign exchange reserves can significantly impact market expectations and metal prices.