Gold prices declines while silver remains steady on December 8

The price of gold has continued to decline on Sunday i.e December 8. In the Hyderabad market, gold of 10gm of 24-carat declined by Rs 190 by which the price has come down to Rs. 39,530. While the gold prices of 10 grams and 22 carat decreased by Rs. 290. This reduced the price to Rs 36,120.

There is the same trend in the national capital

The price of gold in the Delhi market declined by a huge margin. The price of 10 grams and 24 carats of gold fell by Rs.300 dropping it to Rs 38,100 and 10 gm of 22 carat gold prices also fell by Rs 300 to Rs 36,900. Prices have remained the same in Vijayawada and Vishakhapatnam.

The silver prices remained steady across the country with Rs 47,500.

Market experts attribute the decline to a slowdown in demand from domestic jewellers and buyers, including internationally weak trends