Gold and silver rates today spikes up in Bangalore, Hyderabad, Kerala, Vizag - 29 May 2020

Highlights

Gold and silver rates today 29 May 2020 : Gold rates, which have seen a decline till Thursday have rose by a maximum amount in Friday.

Gold and silver rates today 29 May 2020 : Gold rates, which have seen a decline till Thursday have rose by a maximum amount in Friday. The gold rates hiked amid rise in prices at international markets. On MCX gold futures up by approximately 0.8 percent to Rs. 48,000 while the Silver futures on MCX also increased by Rs 600 to Rs. 48,500 per kg. If the trends are to be seen, Gold rates would tend to go up further with the lockdown getting exempted.

Going by the gold rates at metro cities, the gold rates in silicon city Bangalore hiked by Rs 500 to Rs. 43,900 and Rs. 470 increased for ten gram of 24 carat gold taking the price to 47,900.

The ten gram of 22 carat gold in the Hyderabad market has remained steady at Rs 44,310 and the gold rate for ten gram of 24 Carat also steady at Rs. 48,090.

While in Kerala, the gold rates have seen hiked by Rs. 150 per ten gram of 22 carat gold to Rs. 42,900 and Rs. 150 increased by Rs. 150 per ten gram of both 24 carat to Rs. 46,900

In the sea city Visakhapatnam, the same trends followed with stable rates of Rs. 44,310 per ten gram of 22 carat while the ten gram of 24 carat gold is at Rs. 48,090.