Gold rates have seen a decline on Thursday amid fall in prices at international markets. On MCX gold futures down by approximately 0.18 percent to Rs. 48,000 while the Silver futures on MCX decreased by Rs 800 to Rs. 47,900 per kg. If the trends are to be seen, Gold rates would tend to go up further with the lockdown getting exempted.
Going by the gold rates at metro cities, the gold rates in silicon city Bangalore declined by Rs 900 to Rs. 43,400 and Rs. 890 decreased for ten gram of 24 carat gold taking the price to 47,430.
The ten gram of 22 carat gold in the Hyderabad market has cut down by Rs 920 to Rs 44,310 and the gold rate for ten gram of 24 Carat is decreased by Rs. 920 to Rs. 48,090.
While in Kerala, the gold rates have seen declined by Rs. 750 per ten gram of 22 carat gold to Rs. hange for the day where the prices have stable at Rs. 42,750 and Rs. 700 decreased by 700 per ten gram of both 24 carat to Rs. 46,750.
In the sea city Visakhapatnam, the same trends followed with a fall in price of Rs. 920 to Rs. 44,310 per ten gram of 22 carat while the ten gram of 24 carat gold is at Rs. 48,090 with a fall of Rs. 920.