..... . VALI disclosures . .....: 20/05/26, Gold Price Today

Wednesday, May 20, 2026

20/05/26, Gold Price Today

Gold prices edged higher on Wednesday, May 20, supported by weakness in the US dollar. However, the yellow metal has remained under pressure, declining in five of the last seven trading sessions amid rising oil prices, geopolitical tensions in the Middle East, and changing expectations around US interest rates.

Gold Prices Today

As of 5:15 am, spot gold was trading 0.3 per cent higher, gaining USD 11.8 to reach USD 4,493.71 per ounce. Despite the uptick, bullion prices remain near their lowest levels since March 30.

In the domestic market, gold futures on the Multi-Commodity Exchange (MCX) settled 0.4 per cent higher, rising by Rs 56 to Rs 1,59,136 per 10 grams.

Why gold prices are rising today

The primary support for gold came from a slightly weaker US dollar. The dollar index slipped to around 99.29, making gold more affordable for overseas buyers. Since gold is priced in dollars globally, a weaker greenback generally boosts demand for the precious metal.

Middle East tensions boost crude prices

Geopolitical tensions in the Middle East also remained in focus after US President Donald Trump reportedly warned Iran it has "two or three days" to reach a deal to end the conflict or face renewed attacks.

The current situation has also pushed crude oil prices sharply higher, limiting gains in bullion.

WTI crude oil was trading near USD 104 per barrel, while Brent crude futures moved above USD 111 per barrel.

Higher crude oil prices increase inflationary pressures globally and reduce expectations of near-term interest rate cuts by the US Federal Reserve. Elevated interest rates tend to strengthen the US dollar and raise the opportunity cost of holding non-yielding assets such as gold, creating downward pressure on bullion prices.

Fed rate cut expectations weigh on bullion

Market participants are also reassessing expectations for US Federal Reserve rate cuts. According to a Reuters report, traders now see limited chances of rate reductions through most of 2026, with some expectations shifting toward a prolonged pause or even tighter monetary policy later in the year.

This outlook has capped gains in gold prices despite ongoing geopolitical uncertainty.

Silver Prices Today

Silver prices also moved higher on Wednesday. Spot silver gained 0.7 per cent, or USD 0.5, to trade at USD 74.19 per ounce.

Fed meeting minutes in focus

Investors are now closely watching the release of the Federal Reserve's latest policy meeting minutes later in the day. The commentary from policymakers could provide fresh clues on future interest rate decisions and determine the near-term direction for gold and silver prices.

22K Gold Rates at Major Jewellers (Per Gram)

Jewellery Brand	Price (Rs per gram)
Tanishq	14420
Malabar Gold & Diamonds	14375
Kalyan Jewellers	14375

City-wise 24K, 22K and 18K Gold rate (Per 10 Grams)

City Name	24k gold price India (10 grams)	22k gold price India (10 grams)	18k gold price India (10 grams)
Gold Price in Chennai	162220	148700	124100
Gold Price in Noida	157190	144100	117930
Gold Price in Delhi	157190	144100	117930
Gold Price in Mumbai	157040	143950	117780
Gold Price in Kerala	157040	143950	117780
Gold Price in Kolkata	157040	143950	117780
Gold Price in Hyderabad	157040	143950	117780
Gold Price in Patna	157090	144000	117830
Gold Price in Lucknow	157190	144100	117930

Gold prices are highest in Chennai across 24k, 22k, and 18k categories, while most other cities show nearly identical rates. Delhi, Noida, and Lucknow are slightly costlier than Mumbai, Kolkata, Hyderabad, and Kerala markets.

Today gold rate by IBJA

The India Bullion and Jewellers Association (IBJA) sets the daily "base price" of gold in India, which serves as the national benchmark for bullion rates. In simple terms, IBJA rates act as the reference price across the country. Below is a breakdown of gold prices based on different purity levels (carats) as defined by IBJA.

Purity by carat	Morning Rates	Evening Rates
24 carat gold	Rs 1,58,907 per 10 grams	Rs 1,59,077 per 10 grams
23 carat gold	Rs 1,58,271 per 10 grams	Rs 1,58,440 per 10 grams
22 carat gold	Rs 1,45,559 per 10 grams	Rs 1,45,715 per 10 grams
18 carat gold	Rs 1,19,180 per 10 grams	Rs 1,19,308 per 10 grams
14 carat gold	Rs 92,961 per 10 grams	Rs 93,060 per 10 grams

IBJA Prices updated here are as of May 17

Source: EconomicTimes

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. We suggest its readers/investors to consult their financial advisors before making any money-related decisions.)

No comments:

Trade Cycles

The four important features of Trade Cycle are (i) Recovery, (ii) Boom, (iii) Recession, and (iv) Depression!

The trades cycle or business cycle are cyclical fluctuations of an economy. A full trade cycle has got four phases: (i) Recovery, (ii) Boom, (iii) Recession, and (iv) depression. The upward phase of a trade cycle or prosperity is divided into two stages—recovery and boom, and the downward phase of a trade cycle is also divided into two stages—recession and depression.

Phases of Trade Cycle:

The phases of trade cycle are explained with a diagram:

(1) Recovery:

In the early period of recovery, entrepreneurs increase the level of investment which in turn increases employment and income. Employment increases purchasing power and this leads to an increase in demand for consumer goods.

As a result, demand for goods will press upon their supply and it shall, thereby, lead to a rise in prices. The demand for consumer’s goods shall encourage the demand for producer’s goods.

The rise in prices shall depend upon the gestation period of investment. The longer the period of investment, the higher shall be the price rise. The rise of prices shall bring about a change in the distribution of income. Rent, wages, interest do not rise in the same proportion as prices.

Consequently, the margin of profit improves. The wholesale prices rise more than retail prices. The prices of raw materials rise more than the prices of semi-finished goods and the prices of semi-finished goods use more than the prices of finished goods.

(2) Boom:

The rate of investment increases still further. Owing to the spread of a wave of optimism in business, the level of production increases and the boom gathers momentum. More investment is possible only through credit creation. During a period of boom, the economy surpasses the level of full employment and enters a stage of over full employment.

(3) Recession:

The orders for raw materials are reduced on the onset of a recession. The rate of investment in producers’ goods industries and housing construction declines. Liquidity preference rises in society and owing to a contraction of money supply, the prices falls. A wave of pessimism spreads in business and those markets which were sometime before sellers markets become buyer’s markets now.

(4) Depression:

The main feature of a depression is a general fall in economic activity. Production, employment and income decline. The prices fall and the main factor responsible for it is, a fall in the purchasing power.

The distribution of national income changes. As the costs are rigid in nature, the margin of profit declines. Machines are not used to their full capacity in factories, because effective demand is much less. The prices of finished goods fall less than the prices of raw materials.

✳Reality Tips to Traders

1)Trading in the stock market is a marathon. 2)Protecting your capital is key. (Learn to protect first) 3)Making 0 on the day is better than losing 50k 4)Losses happen; they are part of this business. 5)It’s not you vs. the market. It’s you VS you. 6)You are your biggest enemy; learn to be mentally disciplined. 7)Don’t follow the majority; follow the correct path. 8)Traders without a stop loss end up not being traders for long. 9)There is always another trade. 10)The big money is made waiting for the right set-ups. 11)Waiting for the right trade is the most powerful strategy. 12)It is better to cut a loss than to wait to be proven right. 13)Position sizing can make or break you. 14)Worry about the downside before you even think about the upside. 15)Don’t listen to headlines

..BANKING TERMINOLOGY

There are various types of Banks: PSU Banks, Private Banks, Co-operative/Regional Banks, Small Finance Banks and Foreign Banks. When you deposit money in a bank, let's say the bank gives you an interest rate of 4%. But when the bank lends out this money, they lend it out at say, 12%. The difference of 8% in the above scenario is effectively the profit of the bank! The loans that do not pay interest for 90 days are known as Non-performing Assets. Banks have to provide for such bad loans. Structure of a Bank Asset for a Bank: The asset portion of a bank's capital includes cash, government securities, and interest-earning loans (e.g., mortgages, letters of credit, and inter-bank loans). Liabilities for a Bank: The bank's main liabilities are its capital (including cash reserves and, often, subordinated debt) and deposits. The latter may be from domestic or foreign sources (corporations and firms, private individuals, other banks, and even governments). Banks are required to maintain Liquidity with the Reserve Bank of India: SLR (Statutory Liquidity Ratio): It is the money a bank needs to preserve in the form of cash, gold or government Bonds before providing credit customers. This limitation is added by RBI on banks to make funds available to customers on-demand at your earliest convenience. Banks are required to maintain SLR at 18%. CRR (Cash Reserve Ratio): Banks are required to hold a certain proportion of their deposits in the form of cash. Banks don’t hold these as cash with themselves, but deposit such amounts with RBI / currency chests. CRR rate is at 4.5% currently. Repo Rate: The rate at which the RBI lends short-term money to the banks. The RBI through its Monetary Policy committee changes the repo rate to balance growth and Inflation. Reverse Repo rate: The rate at which banks park their short-term excess liquidity with the RBI. Now let us understand various terminologies for Banks Net Interest Income (NII): This is the spread the bank makes on its lending. It is calculated as Interest Income – Interest Expended Net Interest Margin (NIM): This is the spread the bank makes on its lending. It is the earning which is left after deducting the cost paid to depositors from its yields on Loans. This is denoted in % terms. The formula is Yield on Loans – Cost of funds Capital Adequacy Ratio (CAR): The capital adequacy ratio (CAR) is a measure of a bank's available capital expressed as a percentage of a bank's risk-weighted credit exposures. Essentially, it is the Capital that is available to lend. Tier I Capital – In simple words this capital is freely available with the bank to lend out. Tier II Capital- This is the capital tied up somewhere and is less freely available to lend. In case of an adverse event, the bank can use this capital to lend. Under Basel III norms, a bank’s tier 1+tier 2 capital must be a minimum of 8% of its risk-weighted holdings. The minimum capital adequacy ratio, also including the capital conservation buffer, is 10.5%. Current Account Saving Account (CASA)- There is no interest paid on the Current Account and a small interest rate is paid on a savings account. The combination of both is called CASA which shows the liabilities of the bank on which it pays relatively less interest. Deposits: Bank deposits are a savings product that customers can use to hold an amount of money at a bank for a specified length of time. In return, the financial institution will pay the customer the relevant amount of interest, based on how much they choose to deposit and for how long. Now let us come to NPA. Gross NPA (GNPA): It is the total loans on which no payment has been paid for 90 days or more. GNPA % is usually shown in each Bank’s quarterly results. The percentage is basically the GNPA amount as a % of the total advances. Slippages: Slippages denote the fresh amount of loans that have turned bad in a year. The slippage ratio of a bank is calculated as Fresh accretion of NPAs during the year /Total standard assets at the beginning of the year multiplied by 100. Provisioning Coverage Ratio (PCR): This is the ratio of provisioning to GNPA and indicates the extent of funds a bank has kept aside to cover loan losses. For Instance, a company has GNPAs of Rs 100 and they have set aside 50 Rs, then the PCR is 50%. Net NPA (NNPA): The total figure left after deducting provisions made for bad loans from GNPA. (GNPA – Provisions+upgrades/writeoffs = NNPA) Special Mention Account (SMA) SMA-0 is a category in which stress with respect to the principal and interest has remained overdue for a period of 0 to 30 days. SMA-1 is a category in which stress with respect to the principal and interest has remained overdue for a period of 30-60 days. SMA-2 is a category in which stress with respect to the principal and interest has remained overdue for a period of 60-90 days

..... . VALI disclosures . .....

Pages

logo

Wednesday, May 20, 2026

20/05/26, Gold Price Today

No comments:

Today's

20/05/26, Gold Price Today

.

Translate