Gold, silver price in Hyderabad, other cities on February 5

Hyderabad: The gold rate has recorded a downtrend on Wednesday (February 5). Following the yellow metal, the silver price also dropped at all major cities across the country.

With this, the price of ten grams of 24-carat gold in the Hyderabad market reduced by Rs 220 and reached Rs 42,450. Similarly, the rate of ten grams of 22-carat gold also slashed by Rs 340 and touched at Rs 38,770.

The cost of silver also declined by Rs 500 and priced at Rs 48,500 in Hyderabad. A similar situation exists in Vijayawada and Visakhapatnam. Here the price of ten grams of 24-carat gold is Rs 42,450, and the rate of ten grams of 22-carat gold is Rs 38,770.

Even in the Delhi market, the price of ten grams of 24-carat gold lowered by 350 and tagged at Rs 40,800. In the same way, the rate of ten grams of 22-carat gold also decreased by Rs 350 and marked at Rs 39,600. The cost of silver also reduced by Rs 500 and priced at Rs 48,500.