Gold and Silver prices on October 20, 2023

According to GoodReturns, the price of 22-carat gold was Rs 55,700 grams; Rs 60,760 for 10 gm 24-carat gold and silver at Rs 74,100 per kg respectively.

According to the latest gold and silver prices, on Friday, 22-carat gold prices in India are at Rs 5,570 per gram, while for 24-carat the price is at Rs 6,076 per gram.

The price of 22-carat gold was at Rs 55,700 grams; Rs 60,760 for 10 gm 24-carat gold and silver at Rs 74,100 per kg respectively, according to GoodReturns. While the silver rate was at Rs 74.10 per gram whereas for 10 grams it was at Rs 741.

Check rates of Gold and Silver here:

Cities	22-carat Gold (10 gm)	24-carat Gold (10 gm)	Silver (1 kg)
Delhi	55,850	60,910	74,100
Mumbai	55,700	60,760	74,100
Chennai	55,850	60,930	77,500
Kolkata	55,700	60,760	74,100
Bengaluru	55,700	60,760	74,500
Hyderabad	55,700	60,760	77,500
Kerala	55,700	60,760	77,500

Why is gold and silver crucial in India?

In a country where gold and silver have deep-rooted cultural and economic significance, keeping track of their rates is of paramount importance. Whether one is an investor, a bride-to-be, or someone who simply appreciates the allure of these precious metals, understanding the dynamics of gold and silver rates in India can be both fascinating and rewarding.

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