Chennai: Gold prices, which had been rising sharply for the past few days, fell sharply today.
Russia has been attacking Ukraine for the past few days. This environment has posed economic threats around the world. Crude oil and gold prices are rising sharply. Stock markets are declining.
Investors around the world are increasingly leaving the stock market and converting their investments in gold. As a result, the price of gold in India is rising. The last 2 days have seen a sharp rise in the price of gold. This situation is slightly reduced today.
In Chennai, the price of jewelery gold fell by Rs 68 per gram to Rs 4957. The pound traded lower by Rs 544 to Rs 39656. Similarly, 24 carat pure gold is priced at Rs 42848 per 8 grams.
Silver price
Silver trades lower by Rs 1.50 to Rs 73.50. The price of a kilo of silver today is Rs.73,500.