Gold, silver prices on May 20: Check latest rates in your city

    Gold prices on Saturday decreased by 300-400 as compared to the previous day. According to Goodreturns, 10 gram of 22 carot gold was priced at 55,800 whereas the same amount of 24 carot gold costs 60,870.

    Price of 10 gram of gold was 60,870 on Saturday. (Mint file)

    Silver prices also declined in the country as cost of 10 gram of the metal stood at 743 after a reduction of 2 when compared to Friday.

    Cities Gold (24K/10gm) Silver (per 10 gm)
    Chennai 61,360 780
    Mumbai 60,870 743
    Delhi 61,020 743
    Kolkata 60,870 743
    Bengaluru 60,920 780
    Hyderabad 60,870 780
    Kerala 60,870 780
    Pune 60,870 743
    Vadodara 60,920 743

    Factors determining silver price per 1 gram in India today

    In India silver prices largely takes cues from what is happening in the international markets. Now we wish to state that gold and silver prices move almost in tune with each other. What we mean is that when gold prices go higher, silver prices too rally.

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