Gold and silver prices gone up on this Valentine's Day, February 14

After a constant fall for last couple of days, the yellow metal has gone up by Rs 240 on the Valentine's day i.e February 14. In this gala wedding season particularly on the Valentine day, the price of gold in Hyderabad are as follows. The cost of 10 gm of 22 carat gold remained at Rs. 38,880 with an increase of Rs. 240 while with the increase of same amount, the price of 10 gm of 24 carat gold is stood at Rs. 42,390. The prices are similar in Vijayawada and Visakhapatnam regions of Andhra Pradesh as well.

On the other hand, the Silver, which is at Rs 48,800 on Wednesday has gone up by Rs. 200 on Friday making it to Rs 49,000 per kg.

In the national capital Delhi market, the price of yellow metal have also increased by Rs 250. With this, the gold price of 10 grams and 24 carats remained at Rs 40,900 and the price of 10 grams and 22-carat gold remained at Rs 39,700.

There are many factors that affect gold prices such as inflation, change in global market prices, gold reserves at central banks, interest rates, jewelery market, geopolitical tensions, etc. The prices may vary from time to time.