Gold Prices Drop on December 20: 24K & 22K Rates in Delhi, Mumbai and More

Gold and Silver Rates Today, December 20: 24K & 22K Prices Fall Across Key Cities.

Gold prices fell on Saturday, December 20, with both 24-carat and 22-carat rates showing a decline across major Indian cities. In Mumbai, 24K gold was priced at ₹1,34,170 per 10 grams, while 22K gold stood at ₹1,22,990 per 10 grams. Silver traded at ₹2,08,990 per kg in the spot market. These rates are exclusive of GST and making charges.

Gold Rates Across Major Cities (Dec 20, 2025)

• Delhi: 24K – ₹1,34,000 | 22K – ₹1,22,800

• Mumbai: 24K – ₹1,34,170 | 22K – ₹1,22,990

• Bengaluru: 24K – ₹1,34,050 | 22K – ₹1,22,900

• Chennai: 24K – ₹1,34,100 | 22K – ₹1,22,950

International Trends Impacting Prices

Gold exports from Switzerland fell 15% month-on-month in November, with shipments to India dropping to 2 metric tons, the lowest since February. The decline comes after a price rally pushed bullion to a record $4,381 per troy ounce in October, marking a 65% increase for the year, the largest annual gain in 46 years.

Meanwhile, supplies to China, another major bullion consumer, rose to 12 tons from 2 tons, and exports to the UK jumped to 45 tons from 9 tons.

Factors Influencing Gold Prices in India

Gold prices in India are driven by international market rates, import duties, taxes, and currency fluctuations. Cultural and financial demand, especially during weddings and festivals, also impacts pricing.

Investors and traders monitor these trends closely to make informed decisions, as gold continues to serve as both a safe-haven investment and a key element of Indian celebrations.