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Gold rate in Hyderabad, Bangalore, Kerala, Visakhapatnam today remains steady on 31 December 2020

The gold rate has been remained stable at all major cities in Indian domestic markets on Thursday after. On MCX, the gold rate is at Rs. 50,950.

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Gold declines Rs. 320; silver gains marginally
X

31 Dec 2020 8:43 AM IST

Gold rate today on 31 December: The gold rate has been remained stable at all major cities in Indian domestic markets on Thursday after. On MCX, the gold rate is at Rs. 50,950. It is knew that the gold rates vary across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making charges. Here are the yellow metal prices in different cities for the day.

Gold rate in Bangalore for ten grams of 22-carat remains at Rs. 46,700 and that of 24-carat gold is at Rs. 50,950. While the gold rate in Hyderabad is at Rs 47,110 per ten gram of 22-carat gold and that of 24 carats is at Rs. 51,310.

The gold rate in Kerala is at Rs 46,700 per 10 gram of 22 carats and the rate of ten grams of 24 carats is at Rs. 50,950. In Visakhapatnam, the gold rates have followed the same trends with Rs. 46,950 and Rs. 50,950 per ten grams of 22 carats and 24 carats respectively.


City 22 carat Gold (10gms) 24 carat Gold (10gms) Silver (1kg)
Bangalore Rs. 46,700 Rs. 50,950 Rs.68,300
Hyderabad Rs. 46,700 Rs. 50,950 Rs.72,200
Kerala Rs. 46,700 Rs. 50,950 Rs 68,400
Vizag Rs. 46,700 Rs. 50,950 Rs.72,200

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 yesterday while today's price would begin either with a decrease or increase.

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