Gold and Silver Rate Today, September 20, 2026: Check 24K, 22K Gold and Silver Prices in India
Gold and silver rate today, September 20, 2026: Precious metal prices remained in focus among Indian buyers on Sunday as gold held steady after a sharp two-day rally, while silver continued to trade at elevated levels. Retail gold prices were largely unchanged today, giving jewellery buyers a relatively stable market after recent fluctuations.
According to the latest retail market data, 24-carat gold is priced at around ₹15,584 per gram, while 22-carat gold is available at approximately ₹14,285 per gram. The 18-carat gold rate is around ₹11,688 per gram. This puts the price of 10 grams of 24K gold at approximately ₹1,55,840 and 10 grams of 22K gold at around ₹1,42,850.
Silver is also trading at high levels. The latest indicative silver rate is around ₹237 per gram or ₹2,372 per 10 grams, while the price of 1 kilogram of silver is approximately ₹2.37 lakh.
With the festive and wedding-buying season approaching, today’s gold and silver prices are being closely watched by jewellery buyers, investors and traders across India.
Gold Rate Today in India
The gold market remained steady on September 20 after gold prices recorded gains during the previous two sessions. Current retail rates show different prices depending on purity and jeweller.
| Gold Purity | Rate Per Gram | Rate Per 10 Grams |
|---|---|---|
| 24K Gold | ₹15,584 | ₹1,55,840 |
| 22K Gold | ₹14,285 | ₹1,42,850 |
| 18K Gold | ₹11,688 | ₹1,16,880 |
These are indicative retail prices and can vary between cities and jewellers. Jewellery buyers also need to account for GST, making charges and other applicable costs before calculating the final bill.
The Indian Bullion and Jewellers Association’s latest published indicative retail selling rates, dated September 18, were ₹15,373 per gram for fine gold (999), ₹15,004 for 22K, ₹13,682 for 20K, ₹12,452 for 18K and ₹9,915 for 14K gold. IBJA states that these rates are exclusive of 3% GST and making charges.
Because September 20 falls on a Sunday, the latest IBJA benchmark available is from September 18.
24 Carat Gold Price Today
24-carat gold represents very high-purity gold and is commonly used for investment products such as bars and coins. The retail market rate today is around ₹15,584 per gram, according to the latest available retail pricing data.
For buyers purchasing larger quantities:
- 1 gram: ₹15,584
- 8 grams: ₹1,24,672
- 10 grams: ₹1,55,840
- 100 grams: ₹15,58,400
The actual amount payable for jewellery will normally be higher because jewellery includes making charges and GST.
22 Carat Gold Rate Today
The 22K gold rate today is around ₹14,285 per gram, or approximately ₹1,42,850 per 10 grams.
22K gold is widely used for jewellery because it contains a high proportion of gold while retaining other metals that provide additional strength.
For consumers buying necklaces, bangles, rings, earrings and other traditional jewellery, 22K is therefore one of the most commonly quoted gold purities.
However, the final jewellery price should not be calculated simply by multiplying the gold rate by weight. Buyers should ask the jeweller for a complete breakup covering gold value, making charges, GST and any additional fees.
Silver Rate Today in India
Silver prices are also attracting attention after significant movement during September.
As of September 20, the indicative silver price in India is approximately ₹237.24 per gram. That translates into roughly ₹2,372.36 for 10 grams, ₹23,724 for 100 grams and ₹2,37,236 for 1 kilogram.
| Silver Quantity | Approximate Rate |
|---|---|
| 1 gram | ₹237 |
| 10 grams | ₹2,372 |
| 100 grams | ₹23,724 |
| 1 kilogram | ₹2,37,236 |
Silver prices can vary slightly depending on the source, city, dealer margins, taxes and the form of silver being purchased.
Silver Price Trend in September 2026
Silver has experienced noticeable volatility during September. According to recent market data, the rate was around ₹2.29 lakh per kilogram in the middle of the month before moving higher.
The latest data shows silver at around ₹2.37 lakh per kilogram on September 20. This means the metal has recovered from the lower levels seen earlier in the month.
Another city-level market tracker showed silver at ₹2.72 lakh per kilogram in Hissar on September 20, illustrating why quoted prices can differ substantially between local markets and benchmark sources.
Buyers should therefore check the local rate before making a purchase rather than relying on a single national figure.
Gold and Silver Prices in Major Indian Cities
Gold rates can differ between cities because of transportation costs, local taxes, dealer margins and jeweller pricing policies.
Major markets such as Delhi, Mumbai, Kolkata, Chennai, Bengaluru, Hyderabad, Ahmedabad and Pune may quote slightly different retail rates even when benchmark prices are similar.
Jewellery brands can also maintain their own selling prices. Recent market reports have shown differences between the rates quoted by Tanishq, Malabar Gold & Diamonds, Joyalukkas and other major jewellers.
For this reason, buyers planning a jewellery purchase should compare the final invoice rather than only comparing the headline gold rate.
Why Are Gold Prices Moving?
Several international factors are influencing the precious metals market in September.
Global gold prices recently moved to a one-week high. Reuters reported that spot gold rose 1.2% to around $4,390.11 per ounce on September 18, while US gold futures settled 0.6% higher at $4,424.90. Silver also gained 2.3% to approximately $66.70 per ounce.
One factor highlighted in the report was easing crude oil prices. Lower oil prices reduced some concerns about prolonged inflation, while geopolitical uncertainty continued to support demand for precious metals.
At the same time, expectations surrounding US interest rates remain important. Higher interest rates can increase the opportunity cost of holding non-yielding assets such as gold, while expectations of lower rates can provide support.
The US dollar is another major factor. Because international gold prices are quoted in dollars, movements in the dollar can affect the metal’s attractiveness to buyers using other currencies.
Gold Demand in India
India remains one of the world’s major gold-consuming markets, with jewellery representing a significant part of domestic demand.
However, higher prices can cause consumers to postpone purchases or reduce the quantity of gold they buy. Recent reporting also indicated that Indian gold demand remained subdued as some buyers waited for more favourable prices.
At the same time, the approach of major festivals and the wedding season can support physical demand.
Consumers purchasing gold for weddings or festivals often focus more on the required quantity and jewellery design than short-term price movements. Investors, meanwhile, tend to watch international prices, currency movements, interest rates and market trends more closely.
What Buyers Should Check Before Buying Gold
Before purchasing jewellery today, customers should check more than just the quoted rate.
First, confirm the purity of the gold. A 24K rate should not be directly compared with a 22K jewellery rate.
Second, check the making charges. These can significantly increase the final cost of jewellery.
Third, verify the GST included in the invoice.
Fourth, check the item’s BIS hallmark and purity details where applicable.
Finally, compare the complete bill across multiple jewellers. A shop advertising a slightly lower gold rate may still have higher making charges.
Gold vs Silver: What Is Different?
Gold and silver are both precious metals, but their markets behave differently.
Gold has traditionally been closely watched as a store of value and a safe-haven asset. Silver has both investment and industrial demand, meaning its price can also be influenced by industrial activity and manufacturing requirements.
Silver is considerably cheaper per gram than gold, allowing buyers to purchase larger physical quantities with a smaller budget.
Gold, meanwhile, remains particularly important in Indian jewellery and cultural traditions.
The choice between the two depends on the buyer’s objective, budget, purity requirements and investment horizon.
Will Gold and Silver Prices Rise Further?
Predicting the exact next move in precious metals is difficult. Gold is currently responding to several competing factors, including US monetary policy, the dollar, crude oil prices, geopolitical developments and physical demand.
Reuters reported that gold was testing an important resistance area around $4,400-$4,440 per ounce on September 18, while silver had also posted strong gains.
For Indian buyers, the rupee-dollar exchange rate is another important factor because international bullion prices are largely denominated in US dollars.
Therefore, even if international gold prices remain stable, changes in the rupee can influence domestic prices.
Gold and Silver Rate Today: Key Takeaway
The gold and silver rate today, September 20, 2026, remains closely watched as precious metals continue to trade at elevated levels.
The latest retail data puts 24K gold at around ₹15,584 per gram and 22K gold at around ₹14,285 per gram, while 18K gold is around ₹11,688 per gram. Silver is approximately ₹237 per gram or ₹2.37 lakh per kilogram in the latest indicative national data.
Gold prices have paused after a two-day rise, while silver remains significantly above some of its earlier September levels. International markets continue to react to interest-rate expectations, crude oil prices, geopolitical risks and currency movements.
For consumers, the most important point is that today’s quoted market rate is not necessarily the final jewellery price. GST, making charges, purity and jeweller-specific pricing can all change the final amount.
With festive and wedding demand approaching, both gold and silver are likely to remain major topics in India’s bullion market during the coming weeks.