Gold and Silver prices slash further at all major cities on Friday, February 7
The price of the yellow metal continues to fall for four consecutive days. This is really good news for those who want to buy gold in this wedding season. The decline in demand from domestic jewelers and buyers in the wake of high prices has also had a negative impact on the price of gold in Indian markets
Coming to prices for today, the price of gold for 10-gram of 24-carat in the Hyderabad market smashed by Rs.100. With this, the price of gold fell from Rs 41,980 to Rs 41,880. At the same time, the price of 22-carat gold also fell and the price of 10 grams and 22 carats declined by Rs 100 to Rs 38,380 from Rs 38,480.
Even in Vijayawada and Visakhapatnam in Andhra Pradesh, prices of gold and silver are similar. The price of 22-carat gold decreased by Rs 100 to Rs 38,380 per 10 grams. The price of silver remained steady at Rs. 48,000.
The price of gold also declined in the national capital Delhi market. 10 grams and 22 carats of gold reduced by Rs 100 to 39,200. The price of 24-carat gold also reduced by Rs 100 to Rs 40,400. There is no change in the price of silver, which remained at Rs 48,000 per kg.