Gold and silver rates today hikes in Bangalore, Hyderabad, Kerala, Vizag - 11 May 2020

Gold and silver rates today 11 May 2020: Gold rates on Monday in India increased after a decline on Sunday. The gold and silver rates in global markets have also increased. While the silver rates on Monday have also edged higher by Rs. 10 to Rs.43,610 per kg. Despite the Spot gold markets in India mostly remained shut due to countrywide lockdown to prevent spreading of COVID-19, the gold and silver prices have been on fluctuations.

Going by the gold rates at metro cities in the country, the gold rates have hiked in Bangalore with a price of Rs. 10 per ten grams of 22 carat to 43,010 and ten gram of 24-carat gold hiked by Rs. 10 to Rs. 46,010 respectively.

The gold rate in the neighbouring Hyderabad markets, the good rates have seen spike by Rs. 10 per ten gram of 22 carat to 44,210 while ten gram of 24 carat gold rate is stood at Rs. 47,010 per ten gram of 24 carat with a rise of Rs. 10.

Gold rates in Kerala have also gone up by Rs.10 per ten gram of 22 carat and 24 carat gold. With this the gold rates have stood at Rs. 42,260 for 22-carat gold and Rs. 46,060 for 24-carat gold respectively.

Coming to the coastal city Visakhapatnam, the same trends followed as that of Hyderabad with prices at Rs. 44,210per ten gram of 22 carat while the ten gram of 24 carat gold is at Rs. 47,010 with a hike of Rs. 10.