Gold prices have been fluctuating over the past few months. On July 1, the central government hiked the import duty on gold. Subsequently, the price of gold rose dramatically. Since then it has been fluctuating. In that way, on the 21st, one pound of gold was Rs. It went close to 41 thousand.
After that, the price dropped dramatically the next day. After that it started rising again. In this case, the price of 22 carat jewelery gold rose by Rs. 160 per sawan to Rs. 40,920 in Chennai today.
In Chennai, the price of 22 carat jewelery rose by Rs 20 to Rs 5,115 per gram. Silver rose by 50 paise to trade at Rs 74.50 per gram.
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