Gold, silver rates fall at Hyderabad and other cities on Thursday, March 12

After an increase in the gold rates yesterday, the yellow metal have been cut down on Thursday, March 12, which has come a boon for the customers. Market experts say that despite the rise in gold rates in the international market, there has been a negative impact on the domestic market due to less demand from jewelers and buyers.

The gold price on Thursday hit the Hyderabad market. The price of 24 carat gold declined by Rs 280 per 10 grams to Rs 45,700. At the same time, the price of 22 carat gold also fell by Rs 320 to 41,840 per 10 grams of gold.

The price of silver remained steady with no change. The price of silver continues to be steady at Rs. 48,500. The main reason for this is the lack of demand from and coin manufacturers.

In the national capital Delhi, Gold price decreased by Rs 150. Gold price of 10 grams of 22 carat declined by Rs.150 to Rs 42,700 while the prices of 24 carat gold also fell by Rs 150 to Rs 43,900. The price of silver continues to be state at Rs 48,500.