Gold and silver rates today slashes in Bangalore, Hyderabad, Kerala, Vizag - 21 May 2020

Gold and silver rates today 21 May 2020: Gold and silver rates in India slashed on Thursday with a maximum amount of over 1 percent at all major cities. However, the reason for fall in the prices are not yet known. The investors attribute it to the fall in the gold rates internationally. Going by the trends at key centres across India, here are the gold rates for the day. The silver prices have increased by Rs. 1340 to Rs. 49,000

Going by the gold rates at metro cities, the gold rates in silicon city Bangalore slashed by Rs 260 to Rs. 44,650 and Rs. 440 down for ten gram of 24 carat gold taking the price to 48,550.

The ten gram of 22 carat gold in the Hyderabad market has decreased by Rs 560 to Rs 45,360 and ten gram of 24 Carat Gold also decreased by Rs. 590 to Rs. 48,400.

While in Kerala, the gold rates have followed the downward trend by Rs. 510 per ten gram of 22 carat to Rs. 43,350 and Rs. 550 decreased per ten gram of 24 carat gold taking the price to Rs. 47,290

In the sea city Visakhapatnam, the same trends followed with a hike in price of Rs. 560 to Rs. 45,360 per ten gram of 22 carat while the ten gram of 24 carat gold is at Rs. 48,400 with a fall of Rs. 590.