Gold Prices Rise, Silver Prices Drop
Gold Prices Soaring:
Gold prices are increasing consistently, making it expensive for buyers. For two consecutive days, the prices have risen, and there’s a trend suggesting it might keep going up.
Across Major Cities:
In various cities, the price of gold surged. For instance, in Delhi, 10 grams of 22 carat gold now cost Rs. 56,750, and 24 carat gold is Rs. 61,900. Similar trends were observed in Mumbai, Chennai, Kolkata, and Bangalore.
Telugu States Affected:
Even in Telugu states, gold prices went up. In Nizamabad, 22 carat gold was Rs. 56,500, and 24 carat gold stood at Rs. 61,750. Vijayawada and Visakhapatnam witnessed similar price hikes.
Silver Prices Witness a Drop
Silver Becomes Cheaper:
Interestingly, while gold prices soared, silver prices dropped significantly. In many cities, the cost of silver decreased by Rs. 700 per kilogram, making it more affordable for buyers. The price of silver per kg on Saturday was Rs. 74,100. Hyderabad, Vijayawada, and Visakhapatnam in Telugu states also saw silver prices at Rs. 77,000 per kg.