Fall in Gold & Silver Rates
Prices of precious metals gold and silver are falling down. Rate of 10g of 24 carat gold fell by Rs.765 and rate of 1kg gold decreased by Rs.1,355 in Mumbai Bullion Market. Whereas, in Hyderabad Bullion market, price of 10 grams of 24 carat gold came down by Rs.355 and is now Rs.26,595. 10 grams of 22 carat gold came down to Rs.25,445. Silver rate per kg came down by Rs.785 and is now at Rs.35,045. Experts say variations in international market, weak Indian futures trade are the reasons for decreased prices of gold and silver in the country. In case rupee value falls today, prices of gold and silver can fall even more.