Price of Gold galloping uphill; Rs 5,000 rise within 22 days, silver price increases by 8.72%

Wed, Aug 7, 2019 2:01 PM on Economy, Featured,

The price of Gold has been rising strikingly fast in the past couple of weeks. The price at the beginning of the month of Shrawan 2076 started at Rs 64,500 and rose by a thousand rupees within two days. Then, some stagnancy was seen but again the price started to pick up from Shrawan 16.

Shrawan 2076 PER 1 TOLA
1 FINE GOLD (9999): 64500 STANDARD GOLD (9950): 64200 Silver: 745
2 FINE GOLD (9999): 65000 STANDARD GOLD (9950): 64700 Silver: 765
3 FINE GOLD (9999): 65500 STANDARD GOLD (9950): 65200 Silver: 770
5 FINE GOLD (9999): 65000 STANDARD GOLD (9950): 64700 Silver: 765
6 FINE GOLD (9999): 65000 STANDARD GOLD (9950): 64700 Silver: 765
7 FINE GOLD (9999): 65000 STANDARD GOLD (9950): 64700 Silver: 765
8 FINE GOLD (9999): 65000 STANDARD GOLD (9950): 64700 Silver: 775
9 FINE GOLD (9999): 65000 STANDARD GOLD (9950): 64700 Silver: 775
10 FINE GOLD (9999): 65000 STANDARD GOLD (9950): 64700 Silver: 775
12 FINE GOLD (9999): 65000 STANDARD GOLD (9950): 64700 Silver: 775
13 FINE GOLD (9999): 65200 STANDARD GOLD (9950): 64900 Silver: 775
14 FINE GOLD (9999): 65200 STANDARD GOLD (9950): 64900 Silver: 775
15 FINE GOLD (9999): 65400 STANDARD GOLD (9950): 65100 Silver: 780
16 FINE GOLD (9999): 65000 STANDARD GOLD (9950): 64700 Silver: 770
17 FINE GOLD (9999): 65800 STANDARD GOLD (9950): 65500 Silver: 770
19 FINE GOLD (9999): 66300 STANDARD GOLD (9950): 66000 Silver: 775
20 FINE GOLD (9999): 67800 STANDARD GOLD (9950): 67500 Silver: 795
21 FINE GOLD (9999): 68000 STANDARD GOLD (9950): 67700 Silver: 795
22 FINE GOLD (9999): 69500 STANDARD GOLD (9950): 69200 Silver: 810

As you can see in the table above, the price of fine gold has risen by Rs 5,000 in 22 days of this month. Likewise, the price of standard gold has also gone up by same amount. Similarly, the price of Silver has gone up from Rs 765 to Rs 810 in a period of 22 days. In the review period, the gold price has risen by 7.75% while the price of silver has gone up by 8.72%