Gold Declines while Silver remains steady On Tuesday, October 22

Gold prices have come down on Tuesday i.e 22.10.2019 with a cut down by Rs 40 per 10 gm of gold. With this the price of the gold has come down below 40000. Going by the domestic market, the price of 10 gm of 22 carat gold in Hyderabad is decreased by Rs. 40 thus making it to 36620 while with Rs 50 decline, the cost of 10 gm of 24 carat gold is priced at 39950.

A similar situation exists in Vijayawada and Visakhapatnam. 24 carat gold here is at Rs 39950 and 22 carat gold is at Rs 36,620 per 10 grams.

While in the national capital Delhi, the price of 10 grams and 24 carat gold is dropped by Rs 50 and stood at 38600. And with the same decrease the cost of 10 gm of 22 carat gold is at Rs. 37400. The price of silver has remained steadily unchanged at 48000.

The impact of declining international prices on international markets has also impacted the domestic market. Silver prices remained steady at Rs. 48000.