Gold rate today June 15 2022: Gold rate in Chennai: Gold rate today: The price of jewelery gold in Chennai (chennai) fell for the second consecutive day today. Gold fell by 25 rupees per gram and 200 rupees per kilogram.
Chennai, First Published Jun 15, 2022, 10:20 AM IST
Gold rate in Chennai: Gold rate today: The price of jewelery gold in Chennai (chennai) fell for the second day today. Gold fell by 25 rupees per gram and 200 rupees per kilogram.
The Federal Reserve is expected to raise interest rates by 50 to 70 points tonight to curb rising crude oil prices and rising inflation in the United States. As a result, the price of gold has plummeted as investors have invested in securities that are easier and safer than gold.
In Chennai, 22 carat jewelery gold was trading at Rs 4,740 per gram and razor at Rs 37,920 yesterday. As of this morning, the price of 22 carat jewelery gold in Chennai has fallen by Rs 95 to Rs 4,715 per gram and Rs. 200 less and sells for Rs.37,720.
The price of gold has been declining for the last two days as it has not fallen below Rs 38,000 per ounce since the last 5 days. Gold prices have fluctuated in recent days as the US dollar has depreciated against the US dollar and the Indian rupee has depreciated.
Silver prices remained unchanged. A gram of silver sells for Rs. 66 and a kilo for Rs. 66000.
Last Updated Jun 15, 2022, 10:23 AM IST