Gold Rates on 13th October 2022 Slashed

Gold rates today, 13 October 2022: Gold rates today in Hyderabad, Bangalore, Kerala, and Visakhapatnam were slashed. The Gold rate in Bangalore city for 10 grams of 22-carat is at Rs. 46,650 with a fall of Rs. 250 and the gold rate of 10 grams of 24-carat is at Rs. 50,890 with a fall of Rs. 270. The gold rates in Hyderabad are holding at Rs 46,650 per 10 grams of 22-carat with a fall of Rs. 250 and 10 grams of 24-carat gold is at Rs. 50,890 with a fall of Rs. 270.

Gold rates in Kerala per 10 grams of 22-carat are at Rs. 46,650 and the gold rate of 10 grams of 24 carats is at Rs. 50,890 The gold rates in Visakhapatnam are at Rs. 46,650 per 10 grams of 22 carats and 10 grams of 24-carat gold is at Rs. 50,890.

Gold rates today at Delhi, Chennai, Kolkata, and Mumbai are stable. The gold rates in Delhi for 10 grams of 22-carat have remained at Rs. 46,800 with a fall. of Rs. 250 and that of 10 grams of 24-carat gold is at 51,050 with a fall of Rs. 280. The gold rate in Chennai per 10 grams of 22 carats is at Rs 47,300 with a fall of Rs. 100 and the gold rate of 24-carat is at Rs. 51,600 with a fall of Rs.110

The gold rate in Kolkata per 10 grams of 22 carats is Rs. 46,650 and the rate for 10 grams of 24 carats is at Rs. 50,890. The gold rates in Mumbai per 10 grams of 22 carats have been at Rs. 46,650 and Rs. 50,890 per 10 grams of 24 carats. The silver rates have been at Rs. 58,500 in Kolkata, Chennai, and Mumbai and the rate of silver in Chennai is at Rs. 64,000

On the other hand, silver rates in Hyderabad, Kerala, Bangalore, and Visakhapatnam per one kilogram have been at Rs. 63,000.

The gold and silver rates mentioned here are due at 8 am and continue to fluctuate every day. Bullion market experts say there are many reasons for the gold rate to fluctuate, such as the change in international market currency prices, inflation, gold reserves at central banks, their interest rates, the jewelry market, geographical tensions, trade wars, and many other factors are said to impact the gold rate. The gold rates have been decreasing as the Federal Reserve hinted over the rise in interest rates.

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