The price of 22-carat gold remained unchanged at ₹1,18,000 on May 16, 17, and 18. However, today—May 19—the price of gold has risen by ₹960 per sovereign. One sovereign of gold is now being sold for ₹1,18,960. The price per gram of gold has increased by ₹120 and is currently trading at ₹14,870.