Gold price rises by Rs 120 per sovereign; no change in silver price
Gold prices in Chennai have increased by Rs 120 per sovereign, while silver prices remain steady.
In Chennai, the price of gold increased by Rs 120, taking a sovereign to Rs 1,05,200. A gram of gold rose by Rs 15 to Rs 13,150.
Prices are determined based on global economic conditions and the exchange rate of the Indian Rupee against the US Dollar. Silver prices remained unchanged, with a gram selling at Rs 235 and a kilogram of silver bars at Rs 2,35,000.
Courtesy: Hindu Tamil Thisai