Gold, silver rates dropped in Hyderabad, other cities on February 29

Hyderabad: The gold rate, which went up yesterday, has again recorded a drop on Saturday (February 29). Following the yellow metal, the silver price has also reduced at all major cities across the country.

With this, The rate of ten grams of 24-carat gold in the Hyderabad market has dropped by Rs 150 and reached Rs 44,410. Similarly, the price of ten grams of 22-carat gold slashed by Rs 110 and touched at Rs 40,710.

The cost of silver has declined by Rs 30 per kg and priced at Rs 49,570 in Hyderabad. A similar situation exists in Vijayawada and Visakhapatnam. Here the price of ten grams of 24-carat gold is 44,410, and the rate of ten grams of 22-carat gold is 40,710.

Even in the Delhi market, the rate of ten grams of 24-carat gold reduced by Rs 100 and tagged at Rs 42,810. In the same way, the price of ten grams of 22-carat gold also decreased by Rs 100 and marked at Rs 41,600. The cost of silver dropped by Rs Rs 30 per kg and priced at Rs 49,570.