Good news for gold and silver buyers as prices have recently decreased. Over the past few days, the prices of gold and silver saw a significant rise. The cost of 24-carat gold per 10 grams had surpassed ₹135,000, and silver per kilogram exceeded ₹200,000. However, due to favorable conditions in international markets, both gold and silver prices have started to decline. Notably, silver prices fell by ₹40,000 in just the past week.
On Wednesday, 24-carat gold dropped by ₹820 for 10 grams, while 22-carat gold decreased by ₹750 for the same quantity. Silver saw a reduction of ₹5,000 per kilogram.
In Hyderabad, the price of 24-carat gold is now ₹122,460 per 10 grams, and 22-carat gold is ₹112,250. Silver has come down to ₹165,000 per kilogram. These prices are consistent in Vijayawada as well.