Gold price collapse: What is the market situation?

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Gold, Silver Rates Today News Updates in Tamil: In global markets, gold prices have also seen volatility following the US dollar’s 20-year high.

The euro was pegged against the dollar as the energy crisis could push the European economy into recession. The strength of the dollar makes greenback-priced gold more expensive for buyers of other currencies.

Gold Silver Price in India:

Gold prices are stable in India’s major cities like Delhi, Kolkata and Mumbai today. 22 carat 10 gram gold price Rs. 45,950. Today’s price is Rs.400 less than yesterday’s price. 10 grams of 24 carat gold is priced at Rs. 50,120. Today’s price is Rs.440 lower than yesterday’s price.

As for silver price, it is the same in all three cities of Delhi, Kolkata and Mumbai. Accordingly, one kg of silver is Rs. 56,400 is being sold. Today’s price is Rs.600 less than yesterday’s price.

Gold Price in Chennai:

Since the beginning of this month, the price of gold has been going up and down in Tamil Nadu. Accordingly, today in Chennai, 22 carat gold fell by Rs.54 per gram to Rs. 4,626 and Sawaran is being sold at Rs.37,008, down by Rs.432. The price of 24 carat gold was Rs.5,046 per gram while Sawaran was Rs. 40,368 on sale.

Silver Price:

Silver price in Chennai has increased by 50 paise per gram today. Accordingly, silver is selling at Rs. 61.60 per gram. It is being sold at Rs 61,600 per kg, increasing by Rs 500.

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