Silver became cheaper by ₹ 1411 and gold by ₹ 522: Online food and quick commerce delivery may become expensive, shares of real estate Parle Industry rose 5%

Yesterday’s big news was related to inflation. There was a decline in the prices of gold and silver on 20 May. According to India Bullion and Jewelers Association (IBJA), the price of 1 kg silver has fallen by Rs 1,411 to Rs 2.67 lakh. At the same time, the price of 10 grams 24 carat gold has fallen by Rs 522 to Rs 1.59 lakh.

Meanwhile, Prime Minister Narendra Modi on Wednesday gifted a packet of Parle Company’s Melody Toffee to Italy’s PM Georgia Meloni. As soon as its video went viral, investors bought shares of Parle Industries due to confusion in the name, due to which it hit an upper circuit of 5% on Tuesday. The special thing is that the company making Melody Toffee is Parle Products, which is not even listed in the stock market.

Before tomorrow’s big news, these are today’s headlines…

There may be a decline in the stock market today.

There was no change in the prices of petrol and diesel today.

Now read tomorrow’s big news…

1. Silver fell by ₹ 1411 to ₹ 2.67 lakh kg: Gold has fallen by ₹ 1.19 lakh from all-time high, today became cheaper by ₹ 522.

There was a decline in the prices of gold and silver on 20 May. According to India Bullion and Jewelers Association (IBJA), the price of 1 kg silver has fallen by Rs 1,411 to Rs 2.67 lakh. At the same time, the price of 10 grams 24 carat gold has fallen by Rs 522 to Rs 1.59 lakh. On January 29, gold had reached an all-time high of Rs 1.76 lakh and silver of Rs 3.86 lakh.

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2. The namesake company got the benefit of Modi’s melody diplomacy: Toffee maker Parle is not listed in the stock market, shares of real estate Parle Industry increased by 5%.

Prime Minister Narendra Modi on Wednesday gifted a packet of Parle Company’s Melody Toffee to Italy’s PM Georgia Meloni. As soon as its video went viral, investors bought shares of Parle Industries due to confusion in the name, due to which it hit an upper circuit of 5% on Tuesday.

The special thing is that the company making Melody Toffee is Parle Products, which is not even listed in the stock market. Investors mistakenly thought real estate company Parle Industries was a Melody manufacturing company and invested in it.

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3. Online food and quick commerce delivery can be expensive: Due to petrol and diesel becoming expensive, companies will increase delivery charges, margin reduced by 10-12%.

Ordering goods from online food delivery and quick commerce platforms (e.g. Blinkit, Zepto) can be expensive. Due to the ongoing tension between America and Iran and rising prices of crude oil, the prices of petrol and diesel in the country have increased by about ₹ 4 per liter i.e. by 4%. This has increased the pressure of delivery cost on companies like Swiggy and Eternal (parent company of Zomato).

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4. India’s toffee export increased by 166% in 12 years: Reached ₹ 132 crore in financial year 2025-26, Minister Piyush Goyal released data.

Toffee exports from India have increased by 166% in the last 12 years to reach ₹132 crore in the financial year 2025-26 (FY26). Commerce and Industry Minister Piyush Goyal has shared this information on social media today i.e. on 20th May. In the financial year 2013-14, the total export of toffee from the country was ₹49.68 crore.

Union Minister Piyush Goyal wrote on social media, “India’s ‘Toffee Tale’ (story of toffee) will definitely sound sweet to the ears! Toffee exports have registered a growth of about 166% since 2013-14.”

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5. Ola losses of ₹500 crore in March quarter: Loss of ₹1,833 crore in FY26, company’s stock fell 29% in a year

Ola Electric Mobility has released its financial results for the fourth quarter ended March 31, 2026 and full financial year 2025-26 (FY26). The company has suffered a loss of ₹500 crore in the March quarter (January-March). The company had incurred a loss of ₹870 crore in the same quarter last year, which means the company has reduced its loss by 42.5% on an annual basis.

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Also see who were the top 10 richest people in the world on Wednesday…

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