Gold trades lower in Hyderabad, Bangalore, Kerala, Visakhapatnam on 11 June 2021

The gold rates today have seen a fall after being stable yesterday in all major cities across the country. On MCX, the gold rate is at Rs. 4970. The gold rates in the recent past had gone up and had been struggling amid week global prices. Meanwhile, gold rates were moderately down as the investors are in cautious amid US inflation data.

Gold rates in Bangalore city for the 10 grams of 22-carat is closed at Rs. 45,800 and the gold rate of 10 gram of 24-carat is at Rs. 49,970 with a fall of Rs. 100. The gold rates in Hyderabad is holding at Rs 45,800 per 10 gram of 22-carat and 10 gram of 24-carat gold is at Rs. 49,970 with a fall of Rs. 100.

Gold rates in Kerala per 10 gram of 22 carat gold is at Rs. 45,900 and the gold rate of 10 gram of 24 carat is at Rs. 50,070. The gold rates in Visakhapatnam followed same trends with Rs. 45,800 per 10 gram of both 22 carat and Rs. 49,970 for 10 gram of 24 carat gold.

Gold prices mentioned here fluctuates at every moment every day. Bullion market experts says gold rates depend on the global gold rates affected by many international factors including inflation, change in global prices, central bank gold reserve, fluctuating rates of interest, jewelry markets.