Gold and silver rates today slash in Bangalore, Hyderabad, Kerala, Vizag - 07 June 2020

Gold and silver rates today 07 June 2020: The gold and silver rates have seen a fall on Sunday after being hiked till yesterday. The fall in gold prices in the international market has led to the slash in the domestic markets. On the other hand, silver prices have also slashed by Rs. 1080 to Rs. 47,400. In the global market, the gold rates slipped under 1700 dollars, taking a dip of $ 1688 an ounce and silver rates have even gone down by 2.74 per cent to $ 17.56 an ounce.

Going by the gold rates at four major cities such as Bangalore, Hyderabad, Kerala and Visakhapatnam, the gold rates have fallen by around Rs. 500. The gold rates in silicon city Bangalore have seen a decline of Rs. 550 taking it to Rs. 43,250, and Rs. 540 decreased to Rs. 47,220 per ten gram of 22 carat and 24-carat gold, respectively.

While in Hyderabad, the yellow metal has declined by Rs 480 per ten gram of 22-carat gold to Rs. 44,270, and Rs. 480 declined per ten gram of 24-carat gold to Rs. 48,350.

The gold rates in Kerala have also slashed by Rs 100 per 22 carats and 24-carat gold taking the prices to Rs. 42,700, and Rs. 46,700. And in Visakhapatnam, the same trends followed as of Hyderabad with a fall of Rs. 480 to Rs. 44,270 per ten gram of 22 carats while the ten-gram of 24-carat gold is also down by Rs. 480 to Rs. 48,350.