Kerala Gold Prices Climb Amid Global Uncertainty
The price of gold in Kerala has risen again amidst global uncertainty, despite a slight decline yesterday.
The current price of one gram of gold is Rs 14,010, while a sovereign of eight grams costs Rs 1,12,080. The increase in price comes after a steep drop of Rs 1,120 per sovereign the previous day.
Investors are withdrawing money from the stock market and buying gold as a safe haven, leading to a surge in demand and prices. However, experts warn that if international negotiations gain momentum again, gold prices may decline.