Gold and silver rates today in India (December 20): See city-wise price breakdown

Gold prices in India softened marginally on Saturday, even as retail buying remained steady and investors continued to view the metal as a dependable store of value.

According to the latest GoodReturns data, market trackers reported a minor decline of ₹10 in the early session for 24-carat gold, bringing the rate for 10 grams to roughly ₹1,34,170. Silver weakened as well, with one kilogram priced about ₹100 lower at ₹2,08,900.

Below is a detailed look at how gold and silver traded across the country on 20 December.

Current gold rates in India (December 20)

24K gold: ₹13,417 per gram

22K gold: ₹12,299 per gram

18K gold: ₹10,063 per gram

These modest shifts came as buyers continued to watch international signals and domestic economic conditions before committing to bullion purchases.

Gold rates across major cities

The reference rate for 24-carat gold (999 purity) held at ₹13,417 per gram across most markets. At the 10-gram benchmark, Mumbai and Kolkata traders quoted around ₹1,34,170, while Chennai posted a firmer price of about ₹1,35,050. In Delhi, the equivalent quantity traded near ₹1,34,320.

Rates for 22-carat gold followed closely: Mumbai, Kolkata, Bengaluru and Hyderabad hovered around ₹1,22,990 for 10 grams. Chennai markets quoted near ₹1,23,790, and Delhi priced at approximately ₹1,23,140. The all-India average for 22-carat eased by about ₹10 from the previous session.

Gold prices in major cities (December 20, 2025)

Silver prices in India

Silver slipped to roughly ₹208.90 per gram nationwide. A kilogram traded at around ₹2,08,900 in Delhi, Mumbai and Kolkata, while Chennai remained elevated at approximately ₹2,20,900.

Analysts said domestic silver remains tethered to global pricing and rupee fluctuations, noting that depreciation in the currency tends to amplify volatility in local bullion.

What’s driving the metal prices

Market participants cited a blend of international and domestic triggers shaping precious-metal trades:

• Global direction driven by geopolitical uncertainty, shifts in sentiment and external demand.
• Rupee performance, where weaker currency dynamics raise import costs.
• Seasonal appetite, with wedding and festive periods supporting footfall at jewellery counters.
• Policy indicators, including inflation management and rate signals from the Reserve Bank of India.

Tips for buyers and investors

Analysts urged consumers to stay selective and prioritise assured purity. Standard recommendations include:

• preferring BIS-hallmarked jewellery
• comparing quotes across showrooms
• insisting on invoices specifying purity, price and weight
• tracking daily price adjustments before committing to purchases