Gold and silver rates today surges in Bangalore, Hyderabad, Kerala, Vizag - 20 May 2020

Gold and silver rates today 20 May 2020: Gold and silver rates in India moved higher further on Wednesday. The tensions between the US and China and the weak economic trends of the US and Japan have all impacted on inflation. However, with the investors are more interested in investing on gold under the current conditions, which led to the increase in gold rates. Going by the trends at key centres across India, here are rue gold rates. The silver prices have decreased by Rs. 840 to Rs. 47,660

Going by the gold rates at metro cities, the gold rates in silicon city Bangalore are tagged at Rs. 44,910 and Rs. 48,990 for ten gram of 22 carat and 24 carat gold.

The ten gram of 22 carat gold in the Hyderabad market has increased by Rs 60 to Rs 45,920 and ten gram of 24 Carat Gold also increased by Rs. 60 to Rs. 48,990.

While in Kerala, the gold rates have followed the upward trend by Rs. 60 per ten gram of 22 carat to Rs. 43,860 and Rs. 60 increased per ten gram of 24 carat gold taking the price to Rs. 47,840

In the sea city Visakhapatnam, the same trends followed with a hike in price of Rs. 60 to Rs. 45,920 per ten gram of 22 carat while the ten gram of 24 carat gold is at Rs. 48,990.