Gold Rate Today 16th July 2022: Good news – Gold price has dropped by Rs.1,900 – Latest rates are here

Gold Price Today 16th July 2022: Gold prices which rose yesterday in the bullion market have come down today. On the other hand, the price of silver fell heavily. With a fall of Rs.1,900, the price of 1 kg of silver in Hyderabad became Rs.60,400. With a decrease of Rs.430, the price of 24 carat gold in Hyderabad today is Rs.50,730. A 22 carat pasidi is selling at Rs.46,500. In Karimnagar, Warangal, the price of 24 carat gold for 10 grams was Rs.50,730, while the price of 22 carat ornament was Rs.46,500. The price of silver fell to Rs 60,400 per kg.

Gold Rates in AP.. (Gold Rate Today In AP)
Gold prices also declined in the AP market. Today, the price of 24 carat gold in Vijayawada (Gold Rate in Vijayawada 16th July 2022) for 10 grams has become Rs.50,730. The price of 10 grams of 22 carat gold is Rs.46,500. With a fall of Rs.1,900, pure silver is selling at Rs.60,400 per kg in Vijayawada.

Today in Visakhapatnam and Tirupati, the price of 24 carat gold is Rs.50,730, while the price of 10 grams of 22 carat gold is Rs.46,500. And the price of 1 kg of silver fell to Rs. 60,400 in Visakhapatnam and Tirupati markets.

Gold price in major cities
In Delhi, the price of 24 carat gold was Rs.50,730, while the price of 22 carat gold was Rs.46,500.
In Chennai, the price of 22 carat gold is Rs 46,360 per 10 grams, while the price of 24 carat gold is Rs 50,580.
The price of 1 kg of gold in Mumbai has become Rs.50,730. Here the price of 22 carat gold has come down to Rs.46,500.

Reduced platinum price
In the national capital, Delhi, the price of 10 grams of platinum has reached Rs.21,920.
Platinum price in Hyderabad is Rs.21,610 per 10 grams.
10 grams of platinum is selling at Rs.21,920 in Chennai.
The price of 10 grams of platinum in Mumbai was Rs.21,610.
Many factors affect the prices of crude and silver.
Crude and silver prices fluctuate on a daily basis around the world depending on a variety of factors. The price of crude oil in the international market also affects the price of gold. Again there are many international reasons for rising crude prices. Inflation, gold reserves at the central bank, increase or decrease in interest rates, consumer demand for gold in various jewelery markets affect the price of gold.

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