Gold and Silver Price Today, August 20, 2026: Planning to buy gold jewellery, coins or silver today? Checking the latest bullion rates before making a purchase can help you estimate the actual cost. Gold and silver prices can differ across Indian cities, while the final amount paid at a jewellery store may also include GST, making charges and other applicable costs.

According to the latest market update for August 20, the indicative India-level price of 24-karat gold is around ₹1,58,390 per 10 grams. However, retail rates vary across cities. Among the major markets listed, 24K gold ranges from ₹1,57,830 per 10 grams in Delhi to ₹1,58,560 in Chennai.

Silver is also trading at elevated levels, with the listed price of 999-purity silver ranging from ₹2,37,000 to ₹2,38,100 per kilogram across these cities.

Here's a detailed look at today's gold and silver prices.

Gold and Silver Rates Today, August 20

Buyers should treat these as indicative market rates. The actual price quoted by a jeweller can differ depending on location, purity, product type, making charges and applicable taxes.

Gold Price in Delhi Today

In Delhi, 24K gold is priced at ₹1,57,830 per 10 grams, while the rate for 22K gold stands at ₹1,44,678 per 10 grams.

Silver of 999 purity is listed at ₹2,37,000 per kilogram.

For jewellery buyers, the 22K rate is particularly relevant because 22-karat gold is commonly used for ornaments. However, the gold rate alone does not represent the final jewellery bill.

Gold Price in Mumbai

Mumbai has 24K gold at ₹1,58,100 per 10 grams, while 22K gold is listed at ₹1,44,925 per 10 grams.

The silver price in the city stands at approximately ₹2,37,410 per kilogram.

Consumers comparing jewellery prices should consider not only the per-gram gold rate but also the making charge quoted by different retailers.

Gold Price in Chennai

Chennai has the highest listed gold and silver prices among the six cities in this comparison.

The price of 24K gold is ₹1,58,560 per 10 grams, while 22K gold costs ₹1,45,347 per 10 grams. Silver is listed at ₹2,38,100 per kilogram.

This illustrates why buyers should check local rates rather than relying only on a single national-level gold price.

Gold Prices in Kolkata, Bengaluru and Hyderabad

In Kolkata, 24K gold is priced at ₹1,57,890 per 10 grams and 22K gold at ₹1,44,733. Silver stands at ₹2,37,090 per kilogram.

Bengaluru has 24K gold at ₹1,58,230 and 22K gold at ₹1,45,044 per 10 grams. The listed silver rate is ₹2,37,600 per kilogram.

In Hyderabad, buyers are looking at ₹1,58,350 for 10 grams of 24K gold and ₹1,45,154 for 22K gold. Silver is priced at ₹2,37,790 per kilogram.

Why Do Gold Prices Change Every Day?

Gold prices are influenced by several domestic and international factors. One of the most important is the movement in international bullion markets.

When global gold prices rise or fall, Indian prices can also react. However, international prices are only one part of the equation.

Since India imports a significant amount of its gold requirement, the rupee-dollar exchange rate can also influence domestic prices. A weaker rupee can make imported gold more expensive even if international bullion prices remain relatively stable.

Global interest-rate expectations, inflation concerns, geopolitical uncertainty and investment demand can also influence gold.

During periods of economic or geopolitical uncertainty, investors often increase their exposure to gold because it is traditionally viewed as a store of value. However, gold prices can move in either direction and returns are not guaranteed.

Why Are Gold Rates Different Across Cities?

Gold does not necessarily sell at exactly the same price everywhere in India.

Local market conditions, transportation and logistics expenses, jeweller margins and regional demand can contribute to differences between cities.

This means the rate displayed for Delhi may be slightly different from the price quoted in Mumbai, Chennai, Bengaluru or Hyderabad.

Consumers should therefore check the latest rate applicable in their city immediately before making a purchase.

24K vs 22K Gold: Know the Difference

Understanding purity is important when comparing gold prices.

24K gold is considered the highest commonly available purity of gold and is typically associated with investment products such as certain coins and bars. Because pure gold is relatively soft, it is generally less suitable for jewellery that needs greater durability.

22K gold, on the other hand, contains gold mixed with a small proportion of other metals to improve strength. It is therefore widely used for jewellery in India.

Buyers should always verify the purity they are paying for rather than comparing prices without checking the karat value.

Buying Jewellery? Gold Rate Is Not Your Final Price

A common mistake is to calculate the cost of jewellery only by multiplying its weight by the day's gold rate.

The final bill can include making charges and GST, along with other applicable costs. Making charges can vary significantly depending on the design, craftsmanship and jeweller.

For this reason, two stores quoting the same gold rate can still offer substantially different final prices for similar jewellery.

Before purchasing, ask for a detailed bill showing the gold value, purity, weight, making charges and taxes separately.

Check Hallmarking Before Buying Gold

Purity verification is particularly important when purchasing jewellery. Consumers should check the relevant hallmarking details and ensure that the purity mentioned on the product matches what is stated on the invoice.

Keeping the purchase bill safely can also be useful for future resale, exchange, insurance or other verification requirements.

Check Your City's Rate Before You Buy

Gold continues to be an important part of Indian household purchases, particularly for weddings, festivals, jewellery and long-term savings. Silver is also widely purchased in the form of jewellery, utensils, coins and investment products.

With 24K gold hovering around ₹1.58 lakh per 10 grams in the listed markets and silver above ₹2.37 lakh per kilogram, even a small variation in price can make a noticeable difference on a large purchase.

Consumers planning to buy gold or silver on August 20 should therefore compare the latest local rates, check purity carefully and calculate making charges and taxes before completing the transaction.

Disclaimer: Gold and silver prices can change during the day and may vary between dealers and locations. The rates mentioned above are indicative and should be verified with the relevant jeweller or bullion dealer before making a purchase. This article is for informational purposes and should not be considered investment advice.