warranty on the accuracy of the data provided on this site, the prevailing rates are susceptible to change with Market value and provided on an as-is basis. In India, the high prices of the yellow metal led to the fall in gold rates which edged up after the domestic currency slumped amid riot in the stock markets. The last two days of the extended week saw gold trade.3,095 per gram as purchases went down slightly due to reduced demand. Several jewellers offer hallmarked jewellery offering a wide array of gold articles ideal for several festive occasions. Prices rose.2,990 per gram on 17th February as local demand also rose due to favourable market conditions. This is because there are worries that interest rates would rise when inflation gains momentum in the economy. Gold traded.2,947 per gram on the 3rd of May and decreased even further to trade.2,922 per gram on the 4th of May. These days there is not so much fascination to get gold into the country.
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In addition alliance data work from home jobs to various national and international economic transactions, current account deficit and geopolitics, transportation costs and local taxes are included in the price of gold sold in retail chains in Salem. Demand of course comes from places like the Gold Exchange Traded Funds, as also from the central banks in the country. These bonds gove you an interest rate.75 per cent and are reedemable at the price stipulated by the RBI from time to time. The last and the final reason is that it can be pledged and it is very liquid. At the end of Week 3, the gold rate in Salem declined in comparison to the former part of the week. Parameters Gold price (24 karat) Gold Rate on 1st October 2017.3,040 per gram Gold Rate on 31st October 2017.2,997 per gram Highest Rate in October 2017.3,059 per gram on 14 and 15 October Lowest Rate in October 2017.2,997 per gram. There was no change in the price as the week progressed in spite of major fluctuations across stock markets and the dollar rate. In the recently concluded Feds meet, the Central Bank.S. This was during the same period when US - China trade talks were in place. The festive season of Diwali led to the rise in the ornamental metals sale in Delhi and Mumbai.
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