Gold prices fall: What is the current situation? | Today gold rate in-chennai

by time news

Chennai: The price of gold Today the pound fell by Rs.

Industrial stagnation has followed the corona epidemic. Investors decided to focus on safer investments and began to invest in gold, replacing investments in the stock market, real estate, and the US dollar.

Thus the demand for gold increased and its price rose significantly. Gold prices have been volatile due to fears of a corona virus outbreak.

Bank interest rates have fallen sharply in the United States and European countries, echoing the corona. Thus investors and investment companies in those countries are buying gold. Thus recently The price of gold Continued to rise. At this stage The price of gold Decreased today.

In Chennai, the price of jewelery gold fell by Rs 5 per gram to Rs. Sold for 4583. Rs 40 less per pound. Selling for 36664. Similarly, 24 carat pure gold is priced at Rs. Selling for 39592.

Silver price

Silver prices fall by 50 paise to Rs. Selling for 68.80. The price of 1 kg of silver today is Rs. 68,800.

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