- దిగొచ్చిన పసిడి
- Wendy Dhamal
- Rs 3,500 fall
Gold prices fell in the Hyderabad market. On Wednesday, 10 gram 24 carat gold fell by Rs 1,640 to Rs 51,380. At the same time, the price of 22 carat gold fell by Rs 1,500 per 10 grams. This brought the price down to Rs 47,100.
If the price of gold falls, so does the price of silver. At the same time, silver fell by Rs 3,500 to Rs 61,900. The main reason for this is the declining demand from industry units and coin makers.
On the other hand, the price of gold has moved up in the international market. Gold rose 0.13 percent to $ 1878 an ounce. As the price of gold rose, so did the price of silver. Silver fell 0.42 to $ 24.36 an ounce.
Now there are a lot of factors that affect the price of gold. Many factors such as inflation, global market change in pound prices, gold reserves at central banks, interest rates, jewelery market, geographical tensions, trade wars will have an impact on pound sterling.