Highlights:
- దిగొచ్చిన పసిడి
- Reduced silver
- This is the trend in the global market
Gold prices fell on Thursday in the Hyderabad market. The price of 10 grams of 24 carat gold fell by Rs 330. With this, the rate dropped to Rs 49,900. At the same time, the price of 10 grams of 22 carat gold also declined by Rs 300. Reduced to Rs.45,750.
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If the price of gold goes down .. the price of silver also went down the same path. The price of a kg of silver fell by Rs.600. As a result, silver fell to Rs 70,700. The main reason for this is the slowdown in demand from industry units and coin makers.
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The price of gold has also declined in the international market. Gold fell 0.65 percent to $ 1833 an ounce. If the price of gold falls, so does the price of silver. It fell 1 percent to $ 25.13 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.