Gold prices dropped on Wednesday; on the other hand, silver was rising. As of 02:50 NY Time, spot gold was down by 2.52% at $3,321.7 per ounce. As of 11:55 AM (IST) in Chennai, 24-carat gold is priced at ₹9,583 per gram, while 22-carat gold costs ₹8,784 per gram. In Hyderabad, the price of 22-carat gold is …