Gold and Silver Price Today in India (Sone Ka Bhav Aaj Ka) 20 August 2025 shows fluctuations again. The prices of gold and silver are witnessing a downward trend, influenced by both domestic and international markets. Investors and buyers are keeping a close eye on the rates as they continue to shift daily.

The latest data from the India Bullion and Jewellers Association (IBJA) shows fresh declines in both gold and silver prices on Wednesday morning.

Gold Price Today: 24K Gold Drops Below 1 Lakh

According to IBJA, the price of 24 carat gold slipped to Rs 99,168 per 10 grams. This marks a decline compared to previous sessions where rates had remained above the one-lakh mark.

The fall in gold price reflects pressure from weak global signals and fluctuations in currency values. The domestic market is also adjusting to international cues, including developments in geopolitical scenarios.

Silver Price Today: Rates Fall Sharply

Silver also faced a decline today. Prices dropped to Rs 1,13,165 per kilogram in the morning session. This fall has disappointed investors who expected silver to remain strong after recent rallies.

The precious metal remains sensitive to both industrial demand and global economic news. Changes in international stock markets and trade negotiations have been affecting silver consistently.

Gold and Silver Price in Different Carats

IBJA has shared updated prices for multiple purity levels of gold. While 24 carat remains the benchmark, other carats are widely purchased for ornaments and investment.

• 24 Carat Gold: Rs 99,168 per 10 grams

• 23 Carat Gold: Rs 98,771 per 10 grams

• 22 Carat Gold: Rs 90,838 per 10 grams

• 18 Carat Gold: Rs 74,376 per 10 grams

• 14 Carat Gold: Rs 58,013 per 10 grams

• Silver (999 Purity): Rs 1,13,625 per kilogram

The variation in carat reflects different purity levels and directly impacts pricing.

Gold Price Yesterday: A Steeper Decline

On Tuesday, gold recorded a significant fall in the national capital. Prices dropped by Rs 500 to settle at Rs 1,00,420 per 10 grams for 99.9 percent purity gold.

Gold of 99.5 percent purity fell by Rs 450 to Rs 1,00,050 per 10 grams including taxes. On Monday, the same had closed at Rs 1,00,500 per 10 grams.

Silver also lost ground, slipping by Rs 1,000 to Rs 1,14,000 per kilogram compared to Rs 1,15,000 in the previous session.

International Gold and Silver Market

The international market continues to guide domestic prices. In New York, spot gold increased slightly by 0.15 percent to trade at $3,337.92 per ounce. Spot silver also rose by 0.19 percent to $38.09 per ounce.

However, global volatility and investor sentiment around geopolitical developments continue to keep prices unstable.

Experts Explain the Decline in Gold Prices

Market experts highlight several reasons for the current weakness in gold. Chintan Mehta, CEO of Abans Financial Services, explained that hopes of peace talks between US President Donald Trump and Ukraine’s President Volodymyr Zelensky reduced war concerns. This created pressure on gold as a safe-haven asset.

Praveen Singh, Commodity and Currency Head at Mirae Asset Sharekhan, stated that changes in GST rules by the Indian government and fluctuations in the Dollar-Rupee exchange rate added to domestic pressure.

Renisha Chainani, Head of Research at Augmont, said that investors are awaiting statements from US Federal Reserve Chair Jerome Powell at the Jackson Hole Symposium. Uncertainty over monetary policy has kept prices under stress, pushing gold below $3,380 per ounce.

Gold Price in Futures Market

The futures market also showed weakness in gold. On Tuesday, gold futures dropped by Rs 44 to trade at Rs 99,357 per 10 grams on the Multi Commodity Exchange (MCX).

October delivery contracts recorded a 0.04 percent decline, with trading volume crossing 13,451 lots. Analysts blamed weak international cues and lower domestic demand for the decline.

In global markets, gold futures in New York dropped by 0.08 percent to $3,335.37 per ounce.

Silver Price in Futures Market

Silver also slipped in the futures segment. Contracts for September delivery on MCX fell by Rs 574 to Rs 1,13,018 per kilogram.

This represented a 0.51 percent decline as trading volume reached over 15,161 lots. Analysts stated that reduced trader activity and selling pressure at current levels pulled silver lower.

In New York, silver futures dropped by 0.39 percent to $37.87 per ounce.

Impact of Dollar and Rupee Exchange Rate

The weakness in gold is partly linked to the Dollar-Rupee movement. A stronger dollar reduces gold’s appeal for investors holding other currencies.

The exchange rate fluctuations have directly impacted gold imports in India, the world’s second-largest consumer of the precious metal. This has played a major role in pushing domestic prices downward.

Demand Trends in Indian Market

Domestic demand for gold remains weak due to high price levels. Buyers are waiting for further corrections before making fresh purchases. Jewelers report lower footfall in markets, though festive season demand may revive momentum.

Silver demand is more stable due to its use in industrial sectors. However, recent price drops are causing traders to adopt a cautious approach.

Global Factors Driving Price Changes

Apart from the US-Ukraine peace talks, global investors are also focusing on inflation data, interest rate outlook, and central bank policies. Any signal from the Federal Reserve regarding future rate hikes could shift gold and silver further.

Trade relations, crude oil prices, and equity market performance are also playing vital roles in determining short-term price direction.

Gold and Silver Price Today in India (Sone Ka Bhav Aaj Ka) 20 August 2025 shows continued volatility. Gold dropped to Rs 99,168 per 10 grams for 24 carat, while silver slipped to Rs 1,13,165 per kilogram.

Experts attribute the fall to global geopolitical developments, weak investor demand, and currency fluctuations. Futures markets also mirrored the decline, signaling persistent pressure.

For buyers, this correction offers an opportunity to wait for stability. For investors, international signals remain crucial for predicting future trends.

As India approaches the festive season, demand could revive, influencing prices again. Until then, both gold and silver remain under pressure, making the next few weeks critical for bullion markets.