First Published Aug 31, 2022, 10:01 AM IST
The price of gold has been rising and falling for the past two days and remains unchanged today
22 carat jewelery gold price in Chennai remains at yesterday’s price. A gram is sold at Rs 4,790 and Sawaran at Rs 38,320.
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In Coimbatore, Trichy and Vellore, gold is selling at Rs.4790 per gram with no change in prices.
Like last week, gold prices have moved towards swings this week. Gold prices fell by Rs 35 per gram and Rs 280 per gram on the first day of the week. But, yesterday, Rs.25 per gram and Rs.200 per sawan increased. But, there is no change in the price of gold today.
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Investors are also worried that the US Federal Reserve will raise interest rates. The Federal Reserve’s interest rate announcement comes next month. This can have a huge impact on the price of gold.
Market experts said that if the dollar strengthens in the coming days, there will be big volatility in gold prices
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Silver price also remained unchanged. Silver is selling at Rs 60.10 per gram and Rs 60,100 per kg
Last Updated Aug 31, 2022, 10:08 AM IST