First Published Oct 22, 2022, 10:25 AM IST
The price of gold has gone down sharply for the past 3-days and has risen dramatically today. Rs.600 has increased in one day for Sawaran.
Gold price has increased by Rs 75 per gram and Rs 600 per bar today.
The price of 22 carat jewelery gold in Chennai was Rs 4,665 per gram and Savaran at Rs 37,320 as on yesterday evening.
The price of gold fell sharply! Rs.160 per shaver down: What is the situation today?
In this case, as of Saturday (today) morning, gold per gram was Rs. It rose by Rs 75 to Rs 4,740. Sawaran rose by Rs 600 to Rs 37,920. Gold is selling at Rs 4,740 per gram in Coimbatore, Trichy and Vellore.
Gold prices started the week on a bullish note but gradually declined for 3 days from Wednesday, falling by Rs 320 per quintal in these 3 days alone. But today, unexpectedly, the price of gold has increased by Rs.600 per savaran, more than double the price lost in the last 3 days.
The price of gold fluctuates! People in confusion! What is the situation today?
Today’s hike comes as a big shock to people who expected the price drop to continue. As the festival of Dhanteras begins today in the northern states, the demand for gold has increased and the price has increased.
The sudden rise in the price of gold has increased the buying interest among gold buyers due to the fear that it may rise further.
A slight increase in the price of gold! Rs.80 rise for sawan: What is the situation today?
Gold prices are expected to change as the Federal Reserve meeting in the US raises interest rates to curb inflation.
Silver prices have also increased sharply. Silver rose by Rs 70 paise to Rs 63.20 per gram and rose by Rs 1,700 to Rs 63,200 per kg.
Last Updated Oct 22, 2022, 10:27 AM IST