Market: Gold prices slump and silver witnesses a big fall on Sunday, 17-11-2019

Gold and silver prices fell slightly today, i.e. 17.11.2019. The cost of ten grams of gold on Sunday fell by Rs. 50, and 1 kg of Silver prices also fell by Rs 650 per kg.

The price of 10 grams and 24 carats of gold dropped by Rs 50 in the Hyderabad market on Sunday. With this, the price of ten grams was at Rs 39,760. Ten grams and 22-carat gold prices also fell by Rs 40 to Rs 36,450. Silver prices, on the other hand, have fallen heavily. With this, the price of Kg silver in Hyderabad declined by Rs 650 to Rs 48,000.

A similar situation exists in Vijayawada and Visakhapatnam with prices Rs 39,760 per 10 grams and 36,450 per 10 grams od 24 and 22-carat gold. While in Delhi, 10-gram 24-carat piece of gold dropped by Rs 100 to Rs 38,400 and 10 grams, and 22-carat gold also declined by Rs 100 to Rs 37,200. The price of silver has now dropped to Rs 650 per kg in Delhi, making it to 48000.

The prices of gold mentioned here are 17.11.2019 as of 7 am on Sunday. However, it is a known fact that gold prices change from time to time based on domestic demand.