Gold continues to remain one of India’s most preferred investment options, especially during festivals, weddings, and long-term wealth planning.
On Thursday, November 20, gold prices in India saw a slight movement, reflecting global cues and domestic demand patterns.
According to the latest update, the price of gold today is:
₹12,469 per gram for 24 karat (pure gold)
₹11,430 per gram for 22 karat gold
₹9,352 per gram for 18 karat gold
(Reported by Express Web Desk)
Below is a city-wise breakdown of gold prices across major metros.
Gold Rate Today (Nov 20) – City-Wise Price List
24 Karat Gold (Per Gram)
| City | 24K Gold Price |
|---|---|
| Chennai | ₹12,540 |
| Mumbai | ₹12,469 |
| Delhi | ₹12,480 |
| Kolkata | ₹12,469 |
| Bangalore | ₹12,455 |
| Hyderabad | ₹12,469 |
(Prices may vary slightly by jeweller.)
22 Karat Gold (Per Gram)
| City | 22K Gold Price |
|---|---|
| Chennai | ₹11,500 |
| Mumbai | ₹11,430 |
| Delhi | ₹11,445 |
| Kolkata | ₹11,430 |
| Bangalore | ₹11,420 |
| Hyderabad | ₹11,430 |
18 Karat Gold (Per Gram)
| City | 18K Gold Price |
|---|---|
| Chennai | ₹9,380 |
| Mumbai | ₹9,352 |
| Delhi | ₹9,360 |
| Kolkata | ₹9,352 |
| Bangalore | ₹9,340 |
| Hyderabad | ₹9,352 |
Why Are Gold Prices Changing?
Gold rates in India fluctuate due to several factors:
✔ Global bullion market trends
International gold prices directly influence domestic rates.
✔ Strength of the Indian Rupee
A weaker rupee increases imported gold prices.
✔ Demand during festivals/weddings
Seasonal buying pushes rates upward.
✔ Interest rates and inflation
Global economic conditions make gold more attractive during uncertainty.
Which Gold Should You Buy?
24K Gold (Pure Gold – 99.9%)
Best for investment
Not suitable for jewellery
22K Gold (91.6% purity)
Ideal for jewellery
Harder, durable, widely preferred
18K Gold
Used in designer jewellery
More affordable
Common in diamond-studded ornaments
FAQs
1. Why is 24K gold more expensive?
Because it is purest gold, with no added metals.
2. Which gold is best for jewellery?
22K gold is most widely used for ornaments.
3. Do gold prices vary by city?
Yes, due to transportation cost, GST, making charges, and local taxes.
4. Are these prices for hallmark gold?
Most published rates assume hallmarked rates; always confirm BIS certification.
5. Should I buy gold for investment?
Gold is considered a safe-haven asset during inflation or market volatility.
Published on : 20th November
Published by : SMITA
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Source Credit: Content based on report from Express Web Desk.