The 20 carat gold rate is shaped by factors such as international bullion prices, exchange rate fluctuations, import duties, and local market demand. Since gold prices directly influence the value of gold jewellery and coins, changes in the rate can also affect the amount available against a gold loan. Understanding these drivers can help you better evaluate gold price movements and their impact.
20 Carat Gold Rate Today
Today's 20 carat gold price moves with global trends, demand, and currency shifts — and directly shapes how much you can borrow against your gold. Check your gold loan eligibility to see your estimated loan amount.
Gold Rate Today
22k Gold / 10 gm
₹--
Set alert
24k Gold / 10 gm: : ₹
--
To find the nearest gold loan branch
Click here
ENQUIRE FOR GOLD LOAN
In summary
- Track today's 20 carat gold rate to stay updated on the latest price per gram and make informed buying or investment decisions.
- Learn about 20K gold purity, historical price trends, and the key factors that influence daily gold rates.
- Understand how the current 20 carat gold price can affect your gold loan eligibility and the amount you may be able to borrow against your gold.
This page covers today's 20 carat gold rate, 20K gold purity, the factors influencing gold prices, and how the current gold rate can impact your gold loan eligibility and borrowing amount.
Show More
Show Less
How is the 20-carat gold rate calculated?
The gold price today for 20 carat gold isn't a separate market rate on its own — it's derived from the 24K gold price.
- Since 24 carat gold is treated as 100% pure, making it the purest form — 20 carat gold, by comparison, is less pure.
- 20 carat gold works out as 20/24, making about 83.3% purity (0.833) of 24K gold.
- So, if we suppose 24K gold costs ₹9,500 per gram, 20K gold would come to roughly ₹7,913 per gram for the same weight.
- Because of this lower purity, 20 carat gold always costs less than 22 or 24 carat gold of the same weight.
Knowing this calculation makes it easy to check whether a jeweller is quoting you a fair price, get a quick, reliable read on your jewellery's value at the counter, and spot it if a shop is overcharging you.
Show More
Show Less
Historical gold prices and trends
The historical gold price for 20 carat gold has followed the overall upward trend in gold prices over the years. Reviewing historical trends helps buyers and investors understand market movements and make informed decisions about buying, selling, or investing in gold.
| Year | Average 20k gold rate per 10 grams |
|---|---|
| 2025 | Rs. 87,500 to Rs. 1,08,300* |
| 2024 | Rs. 64,928 |
| 2023 | Rs. 54,442 |
| 2022 | Rs. 43,892 |
| 2021 | Rs. 40,600 |
| 2020 | Rs. 40,543 |
| 2019 | Rs. 29,350 |
| 2018 | Rs. 26,198 |
| 2017 | Rs. 24,723 |
*Approximate range derived from prevailing 24K gold prices based on 20K purity (83.3%).*
As gold prices continue to shift with global movements, staying informed can give you an advantage. Check your gold loan eligibility today and find out how much you can borrow.
Show More
Show Less
What affects 20 carat gold price today?
Gold prices don't stay still — and 20 carat gold is no exception. The gold rate is shaped by a mix of global and local factors. If you're planning to buy, invest or pledge 20 carat gold for a loan, it helps to know the right time to make your move.
Here's what typically drives the change:
- Global gold prices: What happens in international markets doesn't stay international — supply and demand trends abroad ripple straight into the 20 carat gold price back home in India.
- Currency exchange rates: India buys most of its gold from overseas, so when the rupee weakens against the dollar, gold simply costs more to bring in.
- Import duties and taxes: Any tweak to import duty, GST, or other government levies shows up almost immediately in the final price tag.
- Inflation: When prices across the board start climbing, people tend to park their money in gold, and that extra demand pushes rates up further.
- Geopolitical events: Wars, conflicts, and general global uncertainty send investors running toward gold — it's still seen as one of the safest bets in shaky times.
- RBI policies: Interest rate calls and other monetary decisions from the RBI quietly shape how confident (or cautious) the market feels about gold.
How is 20 carat gold different from 22 carat and 24 carat gold?
The difference between 20 carat, 22 carat, and 24 carat gold comes down to purity, strength, and purpose. 24K gold is almost pure gold and is mainly used for coins and bars. 22K gold offers high purity with enough strength for traditional jewellery. 20K gold contains a higher proportion of alloy metals, making it more durable for everyday and studded jewellery.
| Parameter | 20K Gold | 22K Gold | 24K Gold |
|---|---|---|---|
| Purity | 83.3% | 91.6% | 99.9% |
| Strength | Most durable | Durable | Softest |
| Colour | Light yellow | Rich yellow | Bright yellow |
| Price | Lowest | Higher | Highest |
| Gold content | 20 parts gold + 4 parts alloy metals | 22 parts gold + 2 parts alloy metals | 24 parts pure gold |
| Best suited for | Studded and daily-wear jewellery | Traditional gold jewellery | Coins, bars, and investment |
If your main focus is investment 24 carat gold gives the purity. For jewellery 22 carat gold is the choice people prefer. If you need jewellery that lasts and is not too expensive 20 carat gold is a solution. When taking a gold loan the amount you can get depends on the golds purity, how much it weighs the loan to value ratio and the way the lender checks the value.
How to check 20 carat gold purity
Checking the purity of your gold helps you confirm that the gold is real and helps you estimate the value of your gold accurately. Since the price of 20 karat gold depends on how much real gold's inside it is always recommended to verify the BIS Hallmark before buying, selling or pledging your gold assets.
- Look for the BIS Hallmark: Make sure the jewellery carries the BIS Hallmark, which certifies the purity of the gold.
- Check the HUID number: Verify the six‑digit Hallmark Unique Identification (HUID) on jewellery that has the BIS hallmark.
- Read the purity marking: Confirm that the jewellery is stamped with 20K or the corresponding fineness mark for gold.
- Ask for a purchase invoice: Buy from a trusted jeweller who gives a bill and a purity certificate for gold.
- Get it professionally tested: Visit a hallmarking centre or an authorised jeweller if you need an independent purity check, for gold.
How to calculate gold value in India?
The value of your gold depends on its purity, weight, and the prevailing 20 carat gold rate. If you own 20K jewellery, you can estimate its value using the latest 20 k gold price before selling it or applying for a gold loan.
- Check the latest 20 carat gold rate: Find the current per gram rate for 20K gold.
- Confirm your gold's purity: Verify that your jewellery is 20K through the BIS Hallmark or purity marking.
- Measure the weight: Weigh your gold accurately in grams.
- Calculate the estimated value: Multiply the weight by the 20 k gold price per gram.
- Factor in deductions, if applicable: If selling jewellery, remember that resale value may vary based on purity verification and the buyer's evaluation.
This gives you an approximate market value of your 20K gold before making any financial decision.
Comparing gold investment options in India
Gold prices directly affect the value of gold investments. When gold prices rise, the value of physical gold, Gold ETFs, and Sovereign Gold Bonds generally increases. When prices fall, their value may also decline. Although each investment option works differently, all are linked to movements in the underlying gold price.
Show More
Show Less
Not your nearest branch?
Impact of 20-carat gold rate on gold loans
When you apply for a gold loan, the 20-carat gold rate becomes the basis for your loan amount. A higher rate means your gold is worth more, which translates to a higher eligible loan amount. The loan-to-value (LTV) ratio is calculated on this current market value, and any increase in gold rates works in your favour.
- Loan amount eligibility: A higher 20-carat gold rate increases the value of your gold, allowing you to borrow more
- Loan-to-value (LTV) ratio: The LTV ratio is applied to the lender-accepted gold value. The maximum LTV depends on the loan amount and cannot exceed:
- For loans up to Rs. 2.5 lakh = LTV 85%
- For loans between more than Rs. 2.5 lakh to Rs. 5 lakh = LTV 80%
- For loans from more than Rs. 5 lakh to Rs. 2 crore = LTV 75%
- Collateral value assessment: Lenders assess the market value per gram before deciding on the loan offer
- Gold purity impact: Since 20-carat gold contains 83.3% pure gold, the loan amount is lower than for higher purity gold
Interest rates: Typically range between9.50% and 24.25%
The final loan amount depends on eligible LTV, actual karat, and the lower of the previous day’s closing price or the 30-day average price published by IBJA or a SEBI-regulated commodity exchange. The LTV ratio must be maintained during the loan tenure. For bullet repayment loans, the total amount includes principal and interest payable at maturity, and LTV norms may change as per RBI guidelines and lender policy.
Want to get the most out of your 20-carat gold? Check gold loan eligibility today and unlock the value your gold truly deserves.
What decides your eligible loan amount?
The amount you can get through a gold loan depends on the value of your pledged gold and the applicable lending guidelines. During the assessment, lenders evaluate only the pure gold content. Stones, enamel, and other decorative elements are excluded from the valuation.
- Gold weight: Higher gold weight can increase your eligible loan amount.
- Gold purity: Higher-purity gold generally qualifies for a higher valuation.
- Applicable gold rate: The valuation is based on the lower of the previous day's closing price or the 30-day average closing price published by IBJA or a SEBI-regulated commodity exchange.
- Applicable LTV ratio: The final loan amount is determined using the applicable Loan-to-Value (LTV) ratio, which varies by loan size and is subject to RBI guidelines and the lender's policy.
- Pure gold content: Only the gold content is considered during valuation; stones and other embellishments are not included.
Gold loan: What you should know before applying
With Bajaj Finance, you can borrow from Rs. 5,000 to Rs. 2 crore against your gold jewellery, ornaments, and gold coins. The gold loan interest rate starts from 9.50% per annum.
While the 20 k gold price today influences your gold's value, your final loan amount is determined after evaluating its purity, weight, applicable LTV, and the prescribed valuation method. You can also use the gold loan calculator to estimate your eligible loan amount and repayments.
- Eligible gold: Jewellery and ornaments between 18K and 22K, and gold coins up to 24K, are accepted.
- Loan valuation: The loan amount is based on the lower of the previous day's closing price or the 30-day average closing price published by IBJA or a SEBI-regulated commodity exchange, along with the applicable LTV.
- Safe storage: Your pledged gold remains in secure, insured vaults throughout the loan tenure.
- Simple documentation: Apply with just one valid KYC document.
- Convenient repayment: Choose from multiple interest payment options, and repay your loan early with no foreclosure charges.
Before applying, use the gold loan calculator to estimate your eligible amount, or check your gold loan eligibility online to understand your borrowing capacity based on today's gold rate, gold purity, and weight.
pro tip: Turn your gold into instant support—handle any expense with ease. Check your gold loan eligibility and access funds when you need them most.
Show More
Show Less
Know more about gold rates in Indian states and Union Territories
| Gold rate in Tripura | Gold rate in Chhattisgarh | Gold rate in Bihar |
| Gold rate in Chandigarh | Gold rate in Himachal Pradesh | Gold rate in Haryana |
| Gold rate in Goa | Gold rate in Uttar Pradesh | Gold rate in Telangana |
Know more about gold rate in other cities
Show More
Show Less
Frequently asked questions
Gold Price
Jewellery making
Gold Purity
Gold Purchase
Gold Value
How is 20 carat gold different from 22 or 24 carat gold?
Gold purity is measured in carats, where 24 carat is pure gold, while 22 carat and 20 carat contain a percentage of other metals like copper or silver for durability. 20 carat gold has 83.3% purity, making it less pure than 22 carat (91.6%) or 24 carat (99.9%) gold. Bajaj Finance helps by offering gold loans, allowing you to leverage your gold assets, regardless of caratage, to meet urgent financial needs with low interest rates.
How is the price of 20 carat gold determined?
The 20 carat gold price is influenced by global gold rates, currency exchange, taxes, import duties, and market demand. Purity, weight, and local jeweller charges also impact the final rate.
How do I calculate the value of 20 carat gold?
To calculate the value of 20 carat gold, multiply the current price per gram by the weight of your gold item. Then, account for purity by multiplying the result by 83.3% (purity percentage of 20 carat gold). Bajaj Finance can assist by offering gold loans based on the calculated value of your 20 carat gold. You can leverage this value to obtain quick funds with minimal documentation and enjoy flexible repayment options tailored to your financial needs.
Can I get a loan against 20 carat gold jewellery?
Yes, you can get a gold loan against jewellery made of 20 carat gold. Lenders accept it as collateral, but the loan amount depends on purity, weight, and current market rates. Since 20K gold has slightly lower purity than 22K, the eligible loan amount may be comparatively lower.
What is the 20 karat gold price today in India?
The 20 karat gold price today in India changes daily based on international gold prices, the USD-INR exchange rate, import duties, GST, and domestic demand. Since rates vary across cities and jewellers, it is advisable to check the latest updated price before buying, selling, or applying for a gold loan.
Is 20-carat gold suitable for making jewellery?
Yes, 20-carat gold is a popular choice for jewellery due to its balance between purity and strength. It is ideal for making pieces that are both durable and elegant.
What is 20 carat (20K) gold?
20 carat gold contains 83.3% pure gold, with the remaining 16.7% made up of other metals. It balances purity and durability, making it suitable for jewellery that is strong and long-lasting.
What are the making charges on 20 carat gold jewellery?
Making charges vary by design, weight, and jeweller, covering craftsmanship and labour costs. They are added on top of the gold price.
Why is 20 carat gold not as common as 22 or 24 carat?
20K gold is less common because 22K and 24K offer higher purity. People often prefer these for traditional jewellery or investments, whereas 20K is mainly used for durable daily-wear pieces.
Is 20 carat gold a good investment?
Yes, 20K gold retains value and offers durability for daily use. However, for pure investment, higher karat gold like 22K or 24K may be preferred due to higher purity.
What is the difference between 20K and 22K gold jewellery?
In a 20K vs 22K gold jewellery comparison, the key difference is purity. 20K gold contains about 83.3% pure gold, while 22K gold has 91.6% purity. As a result, 22K is softer and more valuable, whereas 20K is slightly more durable for regular wear.
Which is better for jewellery 20K or 22K gold?
The best gold purity for jewellery depends on usage. 22K gold is preferred for traditional jewellery due to its higher purity and value. However, 20K gold is more durable and better suited for daily wear, as it resists bending and damage more effectively.
What is the GST on 20K gold purchases?
The GST on 20K gold jewellery in India is 3% on the value of gold plus applicable making charges.
Do I pay tax on 20 carat gold?
Yes, you pay GST, and any applicable state taxes, on gold purchases, including 20K jewellery.
Where can I check the latest 20 karat gold rate?
You can check the latest 20 karat gold rate on trusted financial websites, bullion associations, jewellers' websites, and gold rate portals. These platforms provide daily updates on per gram and per 10-gram prices, helping you track market movements and make informed buying or investment decisions.
Does the 20 carat gold rate affect my gold loan eligibility?
Yes. The 20-carat gold rate can influence the assessed value of eligible gold and, in turn, the loan amount. Bajaj Finance considers factors such as purity, net weight and applicable gold rate and LTV while determining eligibility.
What is the 20 carat gold rate today?
The 20-carat gold rate changes regularly based on market conditions, international gold prices, currency movements, taxes and demand. For the latest rate, you can visit the Bajaj Finance website or app, or visit a local reputed jeweller.
Related articles
Disclaimer
Bajaj Finance Limited (BFL) has the sole and absolute discretion, without assigning any reason to accept or reject any application as per BFL policy. *