Gold Prices Fall Today: Latest 24K & 22K Rates in Mumbai, Delhi, Bengaluru and More (Nov 20)

Mumbai, Nov 20 : Gold prices dropped in the domestic market on Thursday, November 20, amid a stronger US dollar and waning hopes of a Fed rate cut next month.

MCX Gold December futures fell 0.13% to ₹1,22,886 per 10 grams at 11:28 am, while MCX Silver December contracts rose 0.58% to ₹1,56,000 per kg. The prices of 24-carat gold were ₹1,23,480/10 gm, and 22-carat gold at ₹1,13,190/10 gm. Silver (999 Fine) was trading at ₹1,56,650/kg, according to India Bullions data.

Gold has delivered impressive long-term returns, surging over 1,200% from ₹7,638 per 10 gm in 2005 to over ₹1,25,000 in 2025, with positive gains recorded in 16 out of 20 years. Year-to-date, gold prices have risen 56%.

City-wise Gold and Silver Rates — November 20:

Mumbai

24K Gold: ₹1,23,210/10 gm

22K Gold: ₹1,12,943/10 gm

MCX Gold: ₹1,22,887/10 gm

Silver Bullion: ₹1,56,390/kg

MCX Silver 999: ₹1,55,973/kg

Delhi

24K Gold: ₹1,23,030/10 gm

22K Gold: ₹1,12,778/10 gm

MCX Gold: ₹1,22,887/10 gm

Silver Bullion: ₹1,55,950/kg

MCX Silver 999: ₹1,55,973/kg

Kolkata

24K Gold: ₹1,23,080/10 gm

22K Gold: ₹1,12,823/10 gm

MCX Gold: ₹1,22,887/10 gm

Silver Bullion: ₹1,56,010/kg

MCX Silver 999: ₹1,55,973/kg

Ahmedabad

24K Gold: ₹1,23,540/10 gm

22K Gold: ₹1,13,245/10 gm

MCX Gold: ₹1,22,887/10 gm

Silver Bullion: ₹1,56,860/kg

MCX Silver 999: ₹1,55,973/kg

Bengaluru

24K Gold: ₹1,23,410/10 gm

22K Gold: ₹1,13,126/10 gm

MCX Gold: ₹1,22,887/10 gm

Silver Bullion: ₹1,56,580/kg

MCX Silver 999: ₹1,55,973/kg

Hyderabad

24K Gold: ₹1,23,460/10 gm

22K Gold: ₹1,13,172/10 gm

MCX Gold: ₹1,22,887/10 gm

Silver Bullion: ₹1,56,610/kg

MCX Silver 999: ₹1,55,973/kg

Chennai

24K Gold: ₹1,23,620/10 gm

22K Gold: ₹1,13,318/10 gm

MCX Gold: ₹1,22,887/10 gm

Silver Bullion: ₹1,56,820/kg

MCX Silver 999: ₹1,55,973/kg

Note: Retail customers should account for making charges, taxes, and GST, which may increase the final price at jewellers.