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Gold Rate Today, 10th May 2022: Yellow Metal Sees BIG Change. Check Revised Rates

Gold Rate Today: Gold rates on Tuesday saw a jump across all major cities. As per the reports of Good Returns, the yellow metal rates were up by Rs 1,000 per 100 grams. Following the hike, the 22-carat gold was trading at Rs 47,500 per 10 grams. The prices of 10-gram 24-carat gold soared to 51,810. In the previous trade, the prices of 22-cart and 24-carat gold were Rs 47,400 and Rs 51,710 per 10 grams respectively.

In cities like Delhi, Mumbai, Hyderabad, and Bengaluru the precious metal was trading at Rs 47,500 (for the ten grams of 22-carat gold). For the unvsersed, the prices of gold and silver vary across the country owing to the excise duty, state taxes, and other levies.

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Check rates of 22-carat and 24-carat gold in major cities here (As per Good Returns):

City22 Carat Gold Today24 Carat Gold Today
Chennai48,59053,000
Patna47,58051,890
Nagpur47,58051,890
Kolkata47,50051,810
Bangalore47,50051,810
Hyderabad47,50051,810
Kerala47,50051,810
Pune47,58051,890
Vadodara47,58051,890
Ahmedabad47,32051,540
Jaipur47,65051,960
Lucknow47,65051,960
Coimbatore48,59053,000

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Earlier on Monday, gold was trading higher at USD 1,871 per ounce and silver was flat at USD 22.24 per ounce in the international market. Speaking to PTI, Tapan Patel, Senior Analyst (Commodities), HDFC Securities said, “Gold prices traded firm with spot gold prices at COMEX trading 0.35 per cent up at USD 1,871 per ounce on Monday. Gold prices held steady as the stronger dollar and firm US bond yields continued to weigh on gold prices keeping it in tight range below USD 1,900 per ounce.”

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