Gold Rates on 11 October 2022 Slashed

Gold rates today, 11 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. 47,100 with a fall of Rs. 500 and the gold rate of 10 grams of 24-carat is at Rs. 51,380 with a fall of Rs. 550. The gold rates in Hyderabad are holding at Rs 47,100 per 10-gram of 22 carats with a fall of Rs. 500 and 10 grams of 24-carat gold is at Rs. 51,380 with a fall of Rs. 550

Gold rates in Kerala per 10 grams of 22-carat are at Rs. 47,100 and the gold rate of 10 grams of 24 carats is at Rs. 51, 380 The gold rates in Visakhapatnam are at Rs. 47,100 per 10 grams of 22 carats and 10 grams of 24-carat gold is at Rs. 51,38.

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. 47,250 with a fall. of Rs. 500 and that of 10 grams of 24-carat gold is at 51,520 with a fall of Rs. 520. The gold rate in Chennai per 10 grams of 22 carats is at Rs 47,400 with a fall of Rs. 600 and the gold rate of 24-carat is at Rs. 51,710 with a fall. of Ra. 710.

The gold rate in Kolkata per 10 grams of 22 carats is Rs. 47,100 and the rate for 10 grams of 24 carats is at Rs. 51,380. The gold rates in Mumbai per 10 grams of 22 carats has been at Rs. 47,100 and Rs. 51,380 per 10 grams of 24 carats. The silver rates have been at Rs. 59,200 in Kolkata, Chennai, and Mumbai and the rate of silver in Chennai is at Rs. 64,500

On the other hand, silver rates in Hyderabad, Kerala, Bangalore, and Visakhapatnam per one kilogram have been at Rs. 64,500.

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 Reserve hinted over the rise in interest rates.


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