Jump of Rs 37,100/24K! Gold, Silver Prices Continue to Rally in India on 21 May; Check Latest 22K & 18K Rates

Gold prices in India extended their rally for the third consecutive session on Thursday, May 21, 2026, supported by a weaker US dollar, easing Treasury yields, and persistent inflation concerns. The price of 24 Karat (24K) gold rose by Rs 49 to Rs 15,993 per gram, while 22 Karat (22K) gold gained Rs 45 to reach Rs 14,660 per gram.

Rise in Gold, Silver Prices Today in India; Know Why?

On Wednesday, May 20, 2026, 24K gold had surged by Rs 240 to Rs 15,944 per gram and 22K gold jumped Rs 220 to Rs 14,615 per gram. In three days, the yellow metal jumped Rs 37,100 for 100gms of 24K. Silver prices also rebounded sharply after witnessing a decline in the previous session, with silver rising by Rs 5 to Rs 285 per gram and Rs 5,000 to Rs 2,85,000 per kilogram.

Precious metals remained supported by concerns over inflation, a resilient US labor market, and the US Federal Reserve's cautious stance on interest rate cuts.

Gold Rate Today: Check Latest 22K, 24K & 18K Gold Prices on 21 May 2026

24 Karat Gold Rate Today in India

The price of 24K gold increased by Rs 49 on Thursday to Rs 15,993 per gram from Rs 15,944 in the previous session. For larger quantities, 8 grams of 24K gold now cost Rs 1,27,944, up by Rs 392, while 10 grams rose by Rs 490 to Rs 1,59,930. Meanwhile, 100 grams of pure gold surged by Rs 4,900 to Rs 15,99,300 compared to Wednesday's Rs 15,94,400.

22 Karat Gold Rate Today in India

Similarly, 22K gold prices also witnessed a healthy rise in the domestic market on 21 May 2026. The rate for 1 gram of 22K gold climbed by Rs 45 to Rs 14,660 from Rs 14,615 a day earlier. The price of 8 grams increased by Rs 360 to Rs 1,17,280, while 10 grams of 22K gold gained Rs 450 to reach Rs 1,46,600.

For bulk buyers and jewellers, 100 grams of 22K gold now stand at Rs 14,66,000, marking an increase of Rs 4,500 over the previous session.

18 Karat Gold Rate Today in India

The rally is also visible in 18K gold rates, which moved higher alongside gains in international bullion prices. The price of 1 gram of 18K gold rose by Rs 37 to Rs 11,995, compared to Rs 11,958 yesterday. The cost of 8 grams advanced by Rs 296 to Rs 95,960, while 10 grams increased by Rs 370 to Rs 1,19,950.

On a larger scale, 100 grams of 18K gold climbed by Rs 3,700 to Rs 11,99,500 from Rs 11,95,800 recorded in the previous trading session.

Silver Rate Today: Check Latest Silver Prices Per Kg and Gram on 21 May 2026

Silver prices in India rebounded strongly on Thursday after witnessing a decline in the previous trading session. The price of white metal increased by Rs 5 to Rs 285 per gram from Rs 280 yesterday. For smaller quantities, 8 grams of silver now cost Rs 2,280, up by Rs 40, while 10 grams climbed by Rs 50 to Rs 2,850.

The rally was even more pronounced in larger quantities, reflecting strong demand and improving global bullion sentiment. The price of 100 grams of silver rose by Rs 500 to Rs 28,500 compared to Rs 28,000 in the previous session.

Meanwhile, 1 kilogram of silver jumped sharply by Rs 5,000 to Rs 2,85,000 from Wednesday's Rs 2,80,000, marking a significant recovery in domestic silver prices.

"Gold broke below $4,500 and silver slipped under $75 as escalating US-Iran tensions amplified inflation fears and raised rate-hike expectations. President Trump's warning of potential strikes within days - with Iran's nuclear programme the central dispute - kept the Strait of Hormuz closed, lifting oil prices and deepening inflationary pressure," said Mr. Prithviraj Kothari, MD at RiddiSiddhi Bullions Ltd., President of India Bullion and Jewellers Association Ltd.

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