Gold and silver rates today fell in Bangalore, Hyderabad, Kerala, Vizag - 03 June 2020

Gold and silver rates today 03 June 2020: Gold rates in Indian markets have been struggling to take the momentum as they are seeing fluctuations On MCX, gold futures were down marginally at ₹47,137 per 10 gram. Silver prices saw a hike acquiring profits after their strong run. On MCX, July silver futures were up to ₹51,060 per kg. After hitting a record high of about ₹48,000 per 10 gram, gold prices in India have traded in a narrow range.

In global markets, gold rates edged lower due to losses in gold amid China-US tensions, protests in the United States and a weaker dollar. Spot gold was down 0.1% at $1,738.12 per ounce while silver fell 0.5% to $18.17.

Going by the gold rates at metro cities, the gold rates in silicon city Bangalore declined by 50 to Rs. 44,200 and Rs. 50 decreased to 48,220. per ten gram of 22 carat and 24 carat gold respectively.

The ten gram of 22 carat gold in the Hyderabad market has decreased by 50 to Rs 45,070 and the gold rate for ten gram of 24 Carat also decreased by Rs. 50 to Rs. 49,170

While in Kerala, the gold rates have increased by Rs. 200 per ten gram of 22 carat gold at Rs. 43,810 and Rs. 47,800 per ten grams of 24 carat gold with a hike of Rs. 200.

In Visakhapatnam, the same trends followed with with decline of Rs. 50 to Rs. 45,070 per ten gram of 22 carat while the ten gram of 24 carat gold is down by Rs. 50 to Rs. 49,170.