Rally in Gold Rate Today Continues Amid Weak Rupee; Check 22K, 24K, 18K Gold, Silver Prices on 20 May in Delhi

Gold rates in Delhi extended their upward momentum for a second straight session on Wednesday, May 20, 2026, as a sharp depreciation in the Indian rupee pushed domestic bullion rates to fresh highs. The continued rally in the yellow metal comes at a time when currency weakness is amplifying the impact of global price movements on local markets.

According to the latest rates, 24K gold surged by Rs 131 to Rs 15,850 per gram, while 22K gold climbed by Rs 120 to Rs 14,530 per gram. On a larger scale, the price of 100 grams of 24K gold jumped by a substantial Rs 13,100 to Rs 15,85,000, underscoring the strength of the ongoing rally in domestic gold prices.

Silver, however, remained under pressure and extended its recent decline. The white metal fell by Rs 5 per gram to Rs 280, while silver prices dropped by Rs 5,000 per kilogram to Rs 2,80,000 in the Delhi market.

Gold Rate Today: Check Latest 22K, 24K & 18K Gold Prices on 20 May 2026

24 Karat Gold Rate Today in Delhi

The price of 24K gold in Delhi continued to climb on Wednesday, May 20, 2026. The rate increased by Rs 131 to Rs 15,850 per gram, compared with Rs 15,719 in the previous session. Based on the latest prices, 8 grams of 24K gold were valued at Rs 1,26,800, up Rs 1,048 from Rs 1,25,752. The price of 10 grams rose by Rs 1,310 to Rs 1,58,500, while 100 grams of 24K gold surged by Rs 13,100 to Rs 15,85,000.

22 Karat Gold Rate Today in Delhi

22K gold also extended its gains in the national capital. The price rose by Rs 120 to Rs 14,530 per gram, compared with Rs 14,410 a day earlier. Eight grams of 22K gold were priced at Rs 1,16,240, reflecting an increase of Rs 960 from Rs 1,15,280. The price of 10 grams stood at Rs 1,45,300, up Rs 1,200, while 100 grams were valued at Rs 14,53,000, marking a sharp rise of Rs 12,000 over the previous session.

18 Karat Gold Rate Today in Delhi

The price of 18K gold also moved higher on May 20, 2026. The rate climbed by Rs 98 to Rs 11,891 per gram, compared with Rs 11,793 on Tuesday. The cost of 8 grams increased by Rs 784 to Rs 95,128, while 10 grams were priced at Rs 1,18,910, up Rs 980. For larger quantities, 100 grams of 18K gold were valued at Rs 11,89,100, representing a gain of Rs 9,800 from the previous day's level.

Silver Rate Today: Check Latest Silver Prices Per Kg and Gram on May 20, 2026

Silver prices in Delhi extended their decline on Wednesday, May 20, 2026, even as gold continued to rally to fresh highs. The white metal fell by Rs 5 per gram to Rs 280, compared with Rs 285 in the previous session, reflecting continued weakness in domestic silver prices.

Based on the latest rates, 8 grams of silver were priced at Rs 2,240, down Rs 40 from Rs 2,280 a day earlier. The price of 10 grams stood at Rs 2,800, marking a decline of Rs 50 from Rs 2,850.

For larger quantities, 100 grams of silver were valued at Rs 28,000, lower by Rs 500 from Rs 28,500 in the previous session. Meanwhile, one kilogram (1,000 grams) of silver was priced at Rs 2,80,000, down Rs 5,000 from Rs 2,85,000 on Tuesday.

The latest rise in gold prices was driven largely by weakness in the Indian currency. The rupee slipped to a record low of 96.88 against the US dollar, as higher US Treasury yields, firm crude oil prices and a stronger dollar weighed on investor sentiment. A weaker rupee makes imported commodities such as gold more expensive in the domestic market, often resulting in higher local bullion prices even when global prices remain relatively stable.

"Gold and Silver are consolidating near $4,500 and $75 respectively, retreating from recent highs as Middle East tensions and persistent inflation weigh on sentiment. Rising oil prices have amplified rate-hike expectations, keeping pressure on metals," said Mr. Prithviraj Kothari, MD at RiddiSiddhi Bullions Ltd., President of India Bullion and Jewellers Association Ltd.

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