Gold rates today on 07 October 2022 Surges Again

Gold rates today, 07 October 2022: Gold rates today in Hyderabad, Bangalore, Kerala, Visakhapatnam, Delhi, Chennai, Kolkata, and Mumbai surged. The Gold rate in Bangalore city for 10 grams of 22-carat is at Rs. 47,860 with a hike of Rs. 110 and the gold rate of 10 grams of 24-carat is at Rs. 52,210 with a hike of Rs. 110 The gold rates in Hyderabad are holding at Rs 47,860 per 10 gram of 22 carats with a hike of Rs. 110 and 10 grams of 24-carat gold is at Rs. 52,210 with a hike of Rs. 110.

The gold rates in Delhi for 10 grams of 22-carat have remained at Rs. 48,010 with a hike of Rs. 110 and that of 10 grams of 24-carat gold is at 52,370 with a hike of Rs. 110. The gold rate in Chennai per 10 grams of 22 carats is at Rs 48,410 with a hike of Rs. 60 and the gold rate of 24-carat is at Rs. 52,810 with a hike of Rs. 60.

Gold rates in Kerala per 10 grams of 22-carat are at Rs. 47,860 and the gold rate of 10 grams of 24 carats is Rs. 52,210 The gold rates in Visakhapatnam are at Rs. 47,860 per 10 grams of 22 carats with a hike of Rs. 110 and 10 grams of 24-carat gold is at Rs. 52,210 with a hike of Rs. 110.

The gold rate in Kolkata per 10 grams of 22 carats is Rs. 47,860 and the rate for 10 grams of 24 carats is at Rs. 52,210. The gold rates in Mumbai per 10 grams of 22 carats have been at Rs. 47,860 and Rs. 52,210 per 10 grams of 24 carats. The silver rates have been at Rs. 61,500 in Kolkata, Chennai, and Mumbai and the rate of silver in Chennai is at Rs. 66,500

On the other hand, silver rates in Hyderabad, Kerala, Bangalore, and Visakhapatnam per kilogram have been at Rs. 66,500.

The gold and silver rates mentioned here are due at 8 am and continue to fluctuate daily. 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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