Gold trades higher in Hyderabad, Bangalore, Kerala, Visakhapatnam on 7 June 2021

The gold rate has surged in all major cities across the country on Monday. On MCX, the gold rate is at Rs. 50,080 with a hike of Rs. 10. The gold rates have been choppy and remained all time high in the last four month and going further highs since last four days. Let's have a look at today's gold rate at respective areas.

Gold rate in Bangalore city for the 10 grams of 22-carat is closed at Rs. 45,910 with a surge of Rs 10 and the gold rate of 10 gram of 24-carat is at Rs. 50,080 with a hike of Rs. 10. The gold rate in Hyderabad is holding at Rs 45,910 per 10 gram of 22-carat with a surge of Rs. 10 and 10 gram of 24-carat gold is at Rs. 50,080 with a surge of Rs. 10.

Gold rate in Kerala per 10 gram of 22 carat gold is at Rs. 45,910 and the gold rate of 10 gram of 24 carat is at Rs. 50,080 with a surge of Rs. 10 on both the metals. The gold rate in Visakhapatnam per 10 gram of both 22 carat is at Rs. 45,910 and and for 10 gram of 24 carat gold rate is Rs. 50,080 with a hike of Rs. 10.

Gold price mentioned here continue to fluctuate every day. Bullion market experts says there are many reasons for the gold rate to fluctuate. The change in international market currency prices, inflation, gold reserves at central banks, their interest rates, the coronavirus outbreak, the jewellery market, geographical tensions, trade wars and many other factors are said to have an impact on gold rate.