Gold and silver rates today spikes up in Bangalore, Hyderabad, Kerala, Vizag - 24 May 2020

Gold and silver rates today 24 May 2020: Gold and silver rates in India, which have been fluctuation for the last week has gone up on Sunday. This has come after a fall for the last three days. The fall in gold and silver rates in domestic markets is due to the fall in international markets. On Sunday, the MCX gold futures have tell one percent to Rs. 48,550. Silver futures on MCX hiked by Rs 100 to ₹48,350 per kg. If the trends are to be seen, Gold rates would tend to go up further had the government had decreased the interest rates.

Going by the gold rates at metro cities, the gold rates in silicon city Bangalore hiked by Rs 450 to Rs. 44,500 and Rs. 470 up 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 increased by Rs 410 to Rs 45,280 but ironically that gold rate for ten gram of 24 Carat is increased by Rs. 370 to Rs. 48,900.

While in Kerala, the gold rates have rose by Rs. 450 per ten gram of 22 carat to Rs. 43,500 and Rs. 480 increased per ten gram of 24 carat gold taking the price to Rs. 47,450.

In the sea city Visakhapatnam, the same trends followed with a hike in price of Rs. 410 to Rs. 45,280 per ten gram of 22 carat while the ten gram of 24 carat gold is at Rs. 48,550 with a hike of Rs. 370.