Gold prices jumps over Rs.1500 per ten gram in just a day on Thursday, March 5

The gold prices across the country have jumped up by RS 1500 in a day on Thursday, March 5. Market experts say gold prices have risen due to rising demand from domestic jewelers and domestic retailers. While the silver prices have come down. Due to the Coronavirus effect and the weakening of rupee to new low, the price of yellow metal have said to be increased.

Gold prices in Hyderabad markets on Wednesday rose by Rs.1390 to Rs. 41,530 per ten gram of 22 carat gold. At the same time, the price of 24 carats of gold has gone up by Rs. 1520 to Rs. 45,310. The price of gold has gone up by nearly Rs. 1670 in the last two days. The silver prices also followed the same trend with an increase of Rs, 1310 to Rs. 50,030 per kg. This is mainly due to the decrease in demand from industry units and coin makers.

The price of Gold and silver are similar in Vijayawada and Visakhapatnam in Andhra Pradesh. The price of 22 carat gold in Vijayawada rose by Rs 160 to Rs 40,140 per 10 grams. Silver, however, fell by Rs 50 to Rs 48,700. Similar prices continue in Visakhapatnam.

In the national capital Delhi, the prices have been gone up by Rs 1400. With this, Gold price of 10 gram of 22 carat rose by Rs 200 to Rs 42,400. While the price of 10 gram of 24 carat gold also rose by Rs 1400 to Rs 43,600. Silver also fell by Rs 50 to Rs 48,700.