Gold price increases by Rs 240, reaches Rs 36,920 for a sovereign
Gold price witnessed a slight surge on Tuesday after taking a hit for several days. The price of one sovereign of gold touched Rs 36,920 after recording an increase of Rs 240. One gram of gold is currently at Rs 4620.
Dollar has blocked the possibility of an increase in gold price in the international market. An ounce of gold is valued at 1,847.96 Dollars in the international market.
The price of 10 grams of gold at MCX, a commodity market, has come down to Rs 49,328. Meanwhile, the price of 1 kg of silver has come down to Rs 65,414.