- Increased psidi
- Silver aggression
- Rates down there
Gold prices rose in the Hyderabad market. On Thursday, 10 gram 24 carat gold rose by Rs 110 to Rs 51,490. At the same time, the price of 22 carat gold also moved above Rs 100 per 10 grams. With this, the price went up to Rs 47,200.
As the price of gold rose, so did the price of silver. At the same time, silver rose by Rs 900 to Rs 62,800. The main reason for this is the recovery in demand from industry units and coin makers.
On the other hand, the price of gold fell in the international market. Gold fell 0.06 percent to $ 1860 an ounce. If the price of gold falls, so does the price of silver. Silver fell 0.02 points to $ 24.20 an ounce.
Now there are a lot of 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.