The gold rates, which slightly reduced for the last few days, have sharply come down by Rs 400 on Thursday (November 7). In the Hyderabad market, the price of ten grams of 24-carat gold declined by Rs 400 and reached Rs 39,900. Similarly, the rate of ten grams of 22-carat gold slashed by Rs 360 and touched Rs 36,580.
The cost of silver also reduced by Rs 200 per kg and priced at Rs 48,500 in Hyderabad. A similar situation exists in Vijayawada and Visakhapatnam. Here the rate of ten grams of 24-carat gold is 39,900, and the price of ten grams of 22-carat gold is 36,580.
The gold rates have also dropped in all major markets across the country. In Delhi, the cost of ten grams of 24-carat gold decreased by Rs 400 and priced at Rs 38,550. Likewise, the price of ten grams of 22-carat gold also reduced by Rs 400 and costs Rs 37,350. Even the price of silver also cut by Rs 200 per kg and reached Rs 48,500.