Kumari Palany & Co

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Gold Price shoots up

Posted on: 21/Jan/2021 3:30:29 PM
There was a downward trend of gold price persisting over the last 2 weeks but presently, it has started going up!

As compared to the gold price in the month of August, the price of gold per sovereign has gone down by Rs. 7000,  investors have resumed investing in gold again!

With the above development, the price of gold has started increasing again. In case the gold investments go up further, there are certain prospects for the god price to shoot up further!

In this scenario, the price of jewellery gold has gone up in Chennai Metro City by Rs. 40 per gram and is sold at Rs. 4691 per gram. Accordingly, it is down by Rs. 320 and sold at Rs. 37528 per sovereign.

Further, the price of silver is up by Rs. 1.20 per gram and silver is sold at Rs. 72.50 per gram and at Rs. 72500 per kg.