Gold rate in Hyderabad, Bangalore, Kerala, Visakhapatnam today goes up on 05 December 2020
The gold rate has increased at all major cities in Indian domestic markets for a third consecutive day on Saturday. On MCX, the gold rate is at Rs. 50,290 with Rs. 220 increase.
image for illustrative purpose
Gold rate today on 05 December: The gold rate has increased at all major cities in Indian domestic markets for a third consecutive day on Saturday. On MCX, the gold rate is at Rs. 50,290 with Rs. 220 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. 46,100 with a hike of Rs. 200 and that of 24-carat gold is at Rs. 50,290 with Rs. 200 increase. While the gold rate in Hyderabad is at Rs 46,100 per ten gram of 22-carat gold and that of 24 carats is at Rs. 50,290 with a surge of Rs. 200 and Rs. 220.
The gold rate in Kerala is at Rs 46,100 per 10 gram of 22 carats and the rate of ten grams of 24 carats is at Rs. 50,290. In Visakhapatnam, the gold rates have followed the same trends with Rs. 46,100 and Rs. 50,290 per ten grams of 22 carats and 24 carats respectively with a hike of Rs. 200 and Rs. 220.
| City | 22 carat Gold (10gms) | 24 carat Gold (10gms) | silver (1kg) |
| Bangalore | Rs. 46,100 | Rs. 50,290 | Rs.64,000 |
| Hyderabad | Rs. 46,100 | Rs. 50,290 | Rs.67,500 |
| Kerala | Rs. 46,100 | Rs. 50,290 | Rs 64,000 |
| Vizag | Rs. 46,100 | Rs. 50,290 | Rs.67,500 |
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.
