Gold prices decreases while Silver rates increased on Tuesday, February 11

Gold prices decreases while Silver rates increased on Tuesday, February 11
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Highlights

The price of gold have decreased while that of silver increased heavily on Tuesday.

The price of gold have decreased while that of silver increased heavily on Tuesday. In Hyderabad market, the price of 10 gm of 24-carat gold remained steady at Rs 42,530 while the price of 10 gm of 22-carat gold is decreased by Rs 10 to Rs. 38,980. The prices are similar in Vijayawada and Visakhapatnam regions of Andhra Pradesh.

On the other hand, the Silver prices increased drastically across the country by Rs 300 making it to Rs 49,300 per kg.

In the national capital Delhi market, the price of yellow metal sees a slight increase of Rs 290. With this, the gold price of 10 grams and 24 carats remained at Rs 41,000 and the price of 10 grams and 22-carat gold remained at Rs 38,800.

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, trade wars. The prices may vary time to time.

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