Highlights:
- Breaks for gold price decline .. Jigel today
- Pasidi who had been falling for two days
- Today, however, the price of gold is moving upwards
- This has a negative impact on gold lovers
Gold prices rose in the Hyderabad market on Friday. The price of 10 grams of 24 carat gold rose by Rs 220. Gold rose to Rs 49,480. At the same time, the price of 10 grams of 22 carat gold also ran in the same direction. It rose by Rs 200 to Rs 45,350. Gold prices have fallen nearly Rs 600 in the last two days.
Also Read: RBI New Rules .. 10 Things Bank Customers Need To Know!
If the price of gold moves up .. the rate of silver also ran. Silver price shot up to Rs.400. With this, the price of a kg of silver reached Rs 66,200. This is bad news for those who want to buy silver straps and bracelets. On the other hand, the price of gold has risen in the international market. Rose 0.40 percent per ounce. This brought the pound to $ 1809 an ounce. The rate of silver also increased. Silver rose 0.41 percent to $ 22.91 an ounce.
Also Read: Same ID card with Aadhaar card, PAN card? What did the Union Minister say ..
While there are many factors that affect the gold rate. It should be noted that a number of factors such as inflation, change in international market pound prices, gold reserves held by central banks, their interest rates, jewelery market, geographical tensions, trade wars, and bond yields will have an impact on the pound rate.
Goods and services tax like GST, other taxes and manufacturing charges are not added to the above gold and silver prices. Hence these rates may vary in retail shops. So you should note this. Prices also vary somewhat by region.
For comprehensive information on more than 20 areas, you can subscribe to Economic Times Prime for exclusive Economic Times articles …
.