Gold and silver rates today spikes up in Bangalore, Hyderabad, Kerala, Vizag - 13 May 2020

Gold and silver rates today 13 May 2020: Gold rates have continued to hike on Wednesday following the similar trends for the last three days. The spike in the gold prices have been due to the ease of lockdown in various countries and in India as well. The gold rates in global markets have also increased. While, the silver rates on Wednesday remained stable at Rs.43,000 per kg.

Going by the gold rates at metro cities, the gold rates have hiked in silicon city Bangalore by Rs. 325 per ten grams of 22 carat to 43,350 ironically the 24 carat gold for same quantity jas rose by a huge margin of Rs. 310 taking the total price to maximum of Rs. 47,490. This is the all time high rates in the year.

The price of yellow metal in Hyderabad on Tuesday have also increased Rs. 110 to Rs. 44,630 per ten gram of 22 carat and Rs. 110 hiked for the ten gram of 24 carat gold taking the price to Rs. 47,410.

While in Kerala, the gold rates have also gone up by Rs.200 per ten gram of 22 carat and 24 carat gold respectively. With this the gold rates have stood at Rs. 42,500 for 22-carat gold and Rs. 46,300 for 24-carat gold respectively.

In the sea city Visakhapatnam, the same trends followed with a price hike of Rs. 110 to Rs. 44,630 per ten gram of 22 carat while the ten gram of 24 carat gold is at Rs. 47,410 with a hike of Rs. 110