Ernakulam: Gold rate is continuously declining in the state. Today 320 Rupees has been reduced for 8 grams of gold and the rate has been declining continuously for the third time this week.
40 rupees has been reduced for one gram and with this, 8 grams is now trading at Rs 36640.
440 rupees declined for gold for the last two days. The gold merchants are worried about the declining rate but at the same time, due to the low price, the jewelleries are experiencing a huge rush of customers.