Gold trades higher in Hyderabad, Bangalore, Kerala, Visakhapatnam on 4 June 2021

The gold rate continues to risein all major cities across the country. On MCX, the gold rate is at Rs. 50,400 with a hike of Rs. 100. The gold rate have been all time high in the last four month. Let's have a look at today's gold rate at respective areas.

Gold rate in Bangalore city for the 10 grams of 22-carat is closed at Rs. 46,200 with a hike of Rs 100 and the gold rate of 10 gram of 24-carat is at Rs. 50,400 with a hike of Rs. 100. The gold rate in Hyderabad is holding at Rs 46,200 per 10 gram of 22-carat with a hike of Rs. 100 and 10 gram of 24-carat gold is at Rs. 50,300 with agile of Rs 100

Gold rate in Kerala per 10 gram of 22 carat gold is at Rs. 46,200 and the gold rate of 10 gram of 24 carat is at Rs. 50,400 with a hike of Rs. 200. The gold rate in Visakhapatnam per 10 gram of both 22 carat is at Rs. 46,200 and and for 10 gram of 24 carat gold rate is Rs. 50,400 with a hike of Rs. 100.

On the other hand, silver rates have been surged by Rs. 900 per kilogram in Hyderabad and Visakhapatnam closing at Rs. 77,500, and there is a hike of Rs. 100 at Bangalore and Kerala closing at Rs 72,000.

Gold prices mentioned here fluctuate every day. Bullion market experts says there are many reasons for the gold rate to fluctuate. The change in international market currency prices, inflation, gold reserves at central banks, their interest rates, the coronavirus outbreak, the jewellery market, geographical tensions, trade wars and many other factors are said to have an impact on gold rate.