Gold rates today hikes slightly in Delhi, Chennai, Kolkata, and Mumbai - 18 May 2020

Gold rates today on 18 May 2020: Gold and silver rates edged higher in the domestic markets following the positive trends in global markets due to the The gold futures have been in rise as the spot prices edged higher amid the stimulus package announced by the countries. The silver rates have increased hugely on Saturday by Rs. 10 to Rs. 46,710. Analysts predict investors are hoping their bets that the reopening of economies around the world will allow for a relatively quick resumption of growth.

The gold rate in national capital hiked up by Rs. 10 to Rs. 46,110 per ten gram of 22 carat and the ten gram of 24 carat gold has increased by Rs. 10 to Rs. 48,510 respectively.

The gold in Chennai has got a good demand where the gold rate in the city has gone up by Rs.10 to Rs. 45,470 per ten gram of 22 carat gold and Rs. 10 hiked per ten gram of 24 carat to Rs. 48,540.

In Kolkata, the gold rates have surged by Rs. 10 per ten gram of 22 carat and 24 carat respectively. With this, the rates have been at Rs. 46,110 and Rs. 48,010 respectively.

While in the commercial capital Mumbai, the rates have hiked by huge margin by Rs. 10 to 46,110 per ten gram of 22 carat and Rs. Rs. 10 increased per ten gram of 24 carat gold to Rs. 47,110.