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Gold rate in Hyderabad, Bangalore, Kerala, Visakhapatnam today surges on 02 December 2020

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The gold rate has increased at all major cities in Indian domestic markets on Wednesday.

Gold rate today on 02 December: The gold rate has increased at all major cities in Indian domestic markets on Wednesday. On MCX, the gold rate is at Rs. 48,980 with Rs. 216 increase. Gold rates vary across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making changes. Here are the yellow metal prices in different cities.

Gold rate in Bangalore for ten grams of 22-carat remains at Rs. 44,900 with a hike of Rs. 200 and that of 24-carat gold is at Rs. 48,980 with Rs. 216 increase. While the gold rate in Hyderabad is at Rs 44,900 per ten gram of 22-carat gold and that of 24 carats is at Rs. 48,980 with a surge of Rs. 216.

The gold rate in Kerala is at Rs 44,900 per 10 gram of 22 carats and the rate of ten grams of 24 carats is at Rs. 48,980. In Visakhapatnam, the gold rates have followed the same trends with Rs. 44,900 and Rs. 48,980 per ten grams of 22 carats and 24 carats respectively with a fall of Rs. 200 and Rs. 216


City
22 carat Gold (10gms) 24 carat Gold (10gms) silver (1kg)
Bangalore Rs. 44,900 Rs. 48,980 Rs.60,300
Hyderabad Rs. 44,900 Rs. 48,980 Rs.64,600
Kerala Rs. 44,900 Rs. 48,980 Rs 60,200
Vizag Rs. 44,900 Rs. 48,980 Rs.64,600

Gold and silver prices have weakened at global markets thus making the domestic prices in India also weak resulting in a fall in the price for the last three days. However, the gold prices mentioned here are due at 8 am, the prices could alter at every moment and hence the gold buyers need to track the live prices at a given time. The mentioned price is closing prices of Wednesday while today's price would begin either with a decrease or increase.

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