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Home News Kerala

Gold at record price hike; Rs.3075 per gram

by Janam Web Desk
Jan 30, 2019, 12:48 pm IST
in Kerala

 

Thiruvananthapuram: Gold has touched a record hike today as the rate for eight grams is Rs. 24600. One gram costs Rs. 3075.

Price hike is due to the demand of gold ahead of wedding season as well as due to the depreciation of Indian rupee.

In earlier years upto 1000 tonnes of gold had been imported per year but now it is around 800 tonnes. By this year end, gold rate is expected to cross 1400 dollars in international market.

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