Chennai: Gold The price has risen by Rs 320 per pound today.
Industrial stagnation has followed the corona epidemic. Investors decided to focus on safer investments and began to invest in gold, replacing investments in the stock market, real estate, and the US dollar.
Thus the demand for gold increased and its price rose significantly. Panic caused by corona virus infection Gold There were price fluctuations.
Bank interest rates have fallen sharply in the United States and European countries, echoing the corona. Thus investors and investment companies in those countries are buying gold. At this stage Gold The price has gone up today.
In Chennai, the price of jewelery rose by Rs 40 per gram to Rs. Selling for 4653. The pound rose by Rs 320 to Rs. Selling for 37224. Similarly, the price of 24 carat pure gold is Rs. Selling for 40152.
Silver price
Silver rose 80 paise to Rs 67.40. The price of a kilo of silver today is Rs. 67,400.