Gold Prices Surge to Weekly High; Sovereign Gold Reaches Rs 53,320
Gold prices have surged again, with the price of sovereign gold reaching a new weekly high. An increase of 200 rupees was recorded today, bringing the price of one sovereign gold to Rs 53,320, while one gram now costs Rs 6,665. Gold prices remained stable for the past three days at Rs 53,120 per sovereign. The highest price for gold this month was Rs 55,120 on May 20, and the lowest was Rs 52,440 on May 1. In contrast, silver prices fell today, with one gram of silver priced at Rs 95.90 and one kilogram at Rs 95,900.
On the global market, gold prices saw a rise this morning, with the standard increasing by $6.21 (0.27%) to $2,343.49 per troy ounce. This follows a significant drop last week, attributed to profit-taking.
Gold Rates in May:
May 27: ₹53,320
May 26: ₹53,120
May 25: ₹53,120
May 24: ₹53,120
May 23: ₹53,840
May 22: ₹54,640
May 21: ₹54,640
May 20: ₹55,120
May 19: ₹54,720
May 18: ₹54,720
May 17: ₹54,080
May 16: ₹54,280
May 15: ₹53,720
May 14: ₹53,400
May 13: ₹53,720
May 12: ₹53,800
May 11: ₹53,800
May 10: ₹54,040
May 9: ₹52,920
May 8: ₹53,000
May 7: ₹53,080
May 6: ₹52,840
May 5: ₹52,680
May 4: ₹52,680
May 3: ₹52,680
May 2: ₹53,000
May 1: ₹52,440
