March 20 gold, silver prices: Rates move up across India

Gold and silver prices across India rose on Friday, with 24-carat gold up ₹63, 22-carat up ₹60, and 18-carat up ₹49, reflecting steady global trends and consistent domestic demand.

The price of 24-carat gold stands at ₹15,093 per gram. The rate for 22-carat gold is ₹13,835 per gram. Meanwhile, 18-carat gold is available at ₹11,320 per gram, according to Good Returns. Despite minor day-to-day fluctuations, gold continues to be regarded as a dependable hedge against inflation and currency volatility.

Market analysts say that gold prices are being supported by cautious investor sentiment. Ongoing geopolitical uncertainties are also contributing to the metal’s resilience. In India, gold continues to hold strong cultural and financial importance. This is especially evident with the upcoming festive and wedding seasons, when purchases usually increase.

Gold prices across the country (1 gram)

Silver price

Silver prices declined by ₹5 on Friday. The metal is currently priced at ₹255 per gram and ₹2,55,000 per kilogram. Industrial demand continues to influence silver’s valuation. Global price movements are also shaping its trend.

Experts note that silver remains more volatile than gold. However, it is gaining traction as a more affordable investment option.

Silver price across the country

Across major cities in India, price differences remain minimal. These variations are largely due to transportation costs and local demand factors rather than any major market divergence.

Overall, precious metals continue to play a vital role in both investment portfolios and traditional buying patterns across the country.