- Pasidi upwards
- The silver price is the same way
- Running in the global market as well
Gold prices rose in the Hyderabad market. In the last five days, the price of 10 grams of 24 carat gold has risen by Rs 830 to Rs 52,380. At the same time, the price of 22 carat gold also moved above Rs 770 per 10 grams. With this, the price went up to Rs 48,020.
As the price of gold rose, so did the price of silver. In the last 5 days, the price of a kg of silver has moved above Rs 690. With this, the price of silver reached Rs 65,410. The main reason for this is the recovery in demand from industry units and coin makers.
On the other hand, the price of gold moved higher in the international market today. Gold rose 0.23 percent to $ 1956 an ounce. As the price of gold rose, so did the price of silver. Silver rose 0.94 points to $ 25.90 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.