CHENNAI: In Chennai, the price of 22 carat jewelery rose by Rs 248 to Rs 41,768. Gold prices have been going up and down for the past few months. Gold prices continued to rise at the end of last month. On 31st, after 28 months, gold price sawan sold at Rs.41,040. 1st Sunday is holiday. On the 2nd, the gold price increased by Rs.160 per sawan to Rs.41,200 per sawan and on the 3rd, the gold price rose by Rs.328 per sawan to sell at Rs.41,528 per sawan. On the 4th, gold prices rose by Rs 47 per gram to Rs 5,238 per gram and sawan rose by Rs 376 to sell at Rs 41,904 per gram.
From January 1st to 4th, the gold price rose by Rs.864 a bar. During this month, Pongal festival and special days like weddings are in abundance. At this time the price of jewelery was on the rise. This came as a shock to those who were waiting to buy jewelry for the special occasion. At the same time, there was a fear that the price of gold would cross Rs.42 thousand. In this case, the day before yesterday, the price of gold decreased by Rs.10 per gram to Rs.5,228 per gram, while the price of gold decreased by Rs.80 to Rs.41,824 per gram. Yesterday, the price of gold experienced an unexpected decline.
In this case, the price of gold has increased again today. Accordingly, the price of 22 carat jewelery gold in Chennai increased by Rs.248 to Rs.41,768. In Chennai, the price of 22 carat jewelery rose by Rs 31 to Rs 5,221 per gram. Silver rose by 90 paise to Rs 74.40 per gram. During this month, with more auspicious days and Pongal festival, the price hike has put additional burden on jewelery buyers.