Breaking News: Gold Prices Soar on February 11, 2023 in Chennai
Posted on: 11/Feb/2023 10:12:42 AM
On February 11, 2023, the gold market in Chennai is humming with activity as prices of the precious metal spike. The price of one sovereign of gold has increased by 160 rupees from its previous price of Rs. 20 per gram.
The gold rate has increased and one sovereign was worth Rs. 42720.00 and a gram was Rs. 5340.00.
The cost of 1 gram of pure gold (24 K) is now Rs. 5702.00.
A kilo of silver was priced at Rs. 72700.00 and a gram was worth Rs. 72.70
Investors and jewelry enthusiasts in Chennai are closely monitoring the gold market, as the rise in prices is expected to impact buying and selling decisions. This development is being attributed to multiple factors such as a surge in demand, a weaker rupee, and an upward trend in global gold rates.
If you`re looking to invest in gold, it`s important to stay informed about the latest trends and market developments. Our team at Live Chennai is dedicated to providing the most up-to-date and accurate information on the gold market, to help you make informed investment decisions.
