In Chennai on Monday, the price of 22 carat jewelery fell by Rs 320 per pound to Rs 38,120 per pound.
Gold price has been decreasing for the last 4 days. On the 20th, one pound of gold was sold at Rs.38,640. On 22nd it fell to Rs.38,520. On 23rd it again fell to Rs.38,400. Subsequently, on August 24, it was sold with a slight increase to Rs.38,440. The next day, on the 25th, it suddenly jumped to Rs.38,800.
In the days that followed this, the price of gold started to decrease. On the 26th, a pound fell to Rs.38,560. Subsequently, it was sold at Rs.38,440 on 27th and 28th. In this situation, the price of gold decreased again on Monday.
It is selling at Rs.38,120 per pound, down by Rs.320. It was sold at Rs 4,805 last Saturday and on Monday it was sold at Rs 4,765, down Rs 40 per gram. Similarly, silver prices also fell on Monday. Last Saturday Friday, a gram was sold at Rs 60.70. As a result, it is now sold at Rs. 60 per gram, reduced by 70 paise. A kilo bar of silver is sold at Rs.60 thousand.