Gold, silver rates drop by Rs. 100 on Tuesday, March 10, check the prices

Gold prices fell for the second consecutive day on Tuesday, March 10, which has become a boon for the gold consumers. Market experts say the fall in prices in the international market is due to the slowdown in demand from jewelers and buyers in the domestic market.

Gold price declined in the Hyderabad market on Tuesday. The price of 24 carat gold declined by Rs. 100 per 10 grams to Rs 45,800. At the same time, the price of 22 carat gold also fell by Rs 100 to Rs 41,980.

The silver also followed the same trend that of Gold. The silver prices fell by Rs. 450. With this, the price of Kg silver has stood Rs 49,500. This is mainly due to slowing demand from industrial units and coin makers.

The gold rates in the national capital Delhi market also decrease by Rs. 110 with which the price of 22 grams of 10 grams of gold declined to Rs 42,850. Meanwhile, the price of 24 grams of 10 grams of gold declined by Rs 110 to Rs 44,050. Silver also fell by Rs 450 to Rs 49,500.