Gold Price: Gold prices fell by Rs 800 per sawan in a single day today and people are a bit relieved.
Due to international crude oil export and import, petrol and diesel prices fluctuate. Similarly, when inflation and demand for gold increases, the price of gold also increases.
Thus, the price of gold is rising and falling every day. The gold price hit a new high of Rs 55,120 on April 19, and has since seen a gradual decline and volatility. Today, it dropped sharply to below Rs.53,000.
As of today (03-05-2024) in Chennai, the price of 22 carat jewelery has dropped by Rs.800 to Rs.52,920 per gram and Rs.100 to Rs.6,615 per gram. Meanwhile, silver is selling at Rs.87 per gram and Rs.87,000 per kg without any change in silver prices.
As of yesterday (02-05-2024) in Chennai, the price of 22 carat jewelery rose by Rs 640 to Rs 53,720 per gram and Rs 80 to Rs 6,715 per gram. At the same time, the price of silver increased by 50 paise to Rs.87 per gram and it is worth noting that a kg of silver was sold at Rs.87,000.
