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Gold prices remained stable in the Hyderabad market on Thursday. There is no change in the price of 10 grams of 22 carat gold. Rs 48,000. At the same time, the price of 10 grams of 24 carat gold remains stable. It is at Rs 52,360.
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If the price of gold continues to be stable .. but the price of silver ran. Silver soared to Rs.600. With this, the price of silver reached Rs 75,100. The main reason for this is the recovery in demand from industry units and coin makers.
The price of gold has now risen in the international market. Gold rose 0.69 percent to $ 1921 an ounce. As the price of gold rose, so did the price of silver. It rose 0.47 percent to $ 27.16 an ounce.
There are many factors that affect the price of gold. Many factors such as inflation, global market fluctuations, gold reserves at central banks, interest rates, the jewelry market, geographical tensions, and trade wars all have an impact on the pound.