Gold rates today, 05 July 2022: Gold rates today in Hyderabad, Bangalore, Kerala, and Visakhapatnam have remained stable. Going by the rates today, the Gold rates in Bangalore city for 10 grams of 22-carat is at Rs. 48,000 and the gold rate of 10 grams of 24-carat is at Rs. 52,340. The gold rates in Hyderabad are held at Rs 48,000 per 10 gram of 22 carat and 10 grams of 24-carat gold is at Rs. 52,340.
Gold rates in Kerala per 10 gram of 22-carat are at Rs. 48,000 and the gold rate of 10 grams of 24 carats are at Rs. 52,340. The gold rates in Visakhapatnam are at Rs. 48,000 per 10 gram of 22 carats and 10 grams of 24-carat gold is at Rs. 52,340.
On the other hand, silver rates in Hyderabad, Kerala, and Visakhapatnam per one kilogram have been at Rs. 63,500 and at Bangalore also, the silver rates closed at Rs. 63,500.
Gold rates today at Delhi, Chennai, Kolkata, and Mumbai have been slashed. The gold rates in Delhi for 10 grams of 22-carat have remained at Rs. 48,000 with a hike of Rs. 150 and that of 10 grams of 24-carat gold is at Rs. 52,340. The gold rate in Chennai per 10 gram of 22 carats is at Rs 47,920 and the gold rate of 24-carat is Rs. 52,280.
The gold rate in Kolkata per 10 grams of 22 carats is at Rs. 48,000 and the rate of 10 grams of 24 carats is at Rs. 52,340. The gold rates in Mumbai per 10 grams of 22 carats have been at Rs. 48,000 and Rs. 52,340 per 10 grams of 24 carat. The silver rates have been at Rs. 57,800 in Kolkata, Delhi, and Mumbai, and the rate of silver in Chennai is at Rs. 63,500.
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 Reserves hinted over the rise in interest rates.
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