Gold rates trade higher: Check latest prices in your city

Gold rates trade higher: Check latest prices in your city
Image: Pexel

Gold rates surged Thursday in all major cities like Hyderabad, Bangalore, Kerala, and Visakhapatnam.

Going by the prices, Gold rates in Bangalore city for 10 grams of 22-carat closed at Rs. 44,810 with a hike of Rs. 210 while gold rates of 10 grams of 24-carat are at Rs. 48,890 with a hike of Rs. 230.

The gold rates in Hyderabad are also holding at Rs 44,810 per 10 gram of 22-carat. For 10 grams of 24-carat gold, it is at Rs. 48,890 with a hike of Rs. 230.

The gold prices in Visakhapatnam followed the same trends with Rs. 44,810 per 10 gram of 22 carats. It is for Rs. 48,890 for 10 grams of 24-carat gold.

Gold rates in global markets have been lower amid the rise in the US Dollar. But in India after the lifting of the lockdown, the gold rate has been increased.

However, there remains a slight hesitation about buying gold, pearls, or precious jewellery. People there can opt for the jewellery of various designs in myriad colours.

The US central bank also acknowledged discussing the eventual withdrawal of pandemic-era monetary policy support.

Dollar to rupee conversion improved to Rs 74.3 as compared to the previous close of Rs 74.5.

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