Chennai, First Published Jul 28, 2022, 10:00 AM IST
The price of gold rose sharply today after a slow rise. For the 4th day in a row, gold prices continue to rise.
As of this morning in Chennai, gold prices have increased by Rs 32 per gram and Rs 256 per gram.
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As of yesterday evening, the price of 22 carat jewelery gold in Chennai was Rs.4,767 per gram and sawan was sold at Rs.37,880 per gram. Gold prices rose for the 4th day this morning.
Accordingly, in Chennai, 22 carat jewelery rose by Rs 32 to Rs 4,767 per gram and Savaran rose by Rs 256 to Rs 38,136. In Coimbatore, Trichy and Vellore, gold was sold at Rs 4,767 per gram.
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The price of gold has been on a steady upward trend. Gold prices, which fell at the beginning of last week, are now rising. After 21 days, the price of gold again crossed Rs.38 thousand.
For the last 21 days, the gold bar was hovering only within Rs.37 thousand and did not touch Rs.38 thousand. For the first time it reached Rs 38 thousand after 21 days.
The US Federal Reserve raised interest rates by 75 basis points at its policy meeting. After this announcement, the price of gold has again reached Rs.38 thousand.
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Silver price rose today. Silver rose by 1.20 paise to Rs 61.20 per gram and Rs 1,200 to Rs 61,200 per kg.
Last Updated Jul 28, 2022, 10:35 AM IST