gold rate today: Gold price rise after 5 days! Rs 112 increase per shaver: What is the situation today?

by time news

First Published Sep 17, 2022, 10:13 AM IST

Gold price rose today after last 5 days. 952 per sawan in the last 5 days, which has slightly increased today.

Gold prices rose by Rs 14 per gram today and rose by Rs 112 per gram.
The price of 22 carat jewelery gold in Chennai was Rs 4,626 per gram and Savaran at Rs 37,008 as on yesterday evening.

After 5 days, the price of gold has climbed: check gold rate in chennai, trichy, vellore and kovai

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In this case, as of Saturday (today) morning, gold per gram was Rs. 14 has increased to Rs.4,640. Sawaran rose by Rs 112 to Rs 37,120.

In Coimbatore, Trichy and Vellore, gold is selling at Rs 4,640 per gram.

Gold prices rose slightly today after falling for 5 consecutive days. 952 rupees per shaver in last 5 days only. As a result, it was expected that Savaran would go below Rs.36 thousand.

After 5 days, the price of gold has climbed: check gold rate in chennai, trichy, vellore and kovai

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The US Federal Bank’s interest rates and the World Bank’s forecast of a global recession next year shook the stock market yesterday. This echo was expected to be in gold. But, on the contrary, the price of gold has increased slightly.

However, the US Federal Reserve’s interest rate announcement is closely watched by investors.

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After 5 days, the price of gold has climbed: check gold rate in chennai, trichy, vellore and kovai

If the interest rate is increased, the value of the dollar will increase, which will create a crisis for the currencies of various countries around the world. After that the investment in gold will decrease. Then, the demand for gold will decrease and the price is likely to decrease further in the coming days.

Silver prices also rose today. Silver rose by 40 paise to Rs 62.00 per gram and rose by Rs 400 to Rs 62,000 per kg.

Last Updated Sep 17, 2022, 10:13 AM IST

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