Economy kerala News

Gold Prices Skyrocket: Will ₹65,000 Be the Next Milestone?

Gold prices in Kerala are on a sharp upward trend, with a notable ₹440 jump today alone. The price of one sovereign (8 grams) has now reached ₹64,520, while the per-gram rate has risen by ₹55 to ₹8,065.

After a temporary dip of ₹1,000 in recent days, gold prices have made a strong comeback. The rapid surge over the past two days hints that the previous high of ₹64,600 recorded on February 25 might soon be surpassed.

Market analysts attribute this spike to fluctuations in the stock market and global economic factors. On January 22, gold prices crossed ₹60,000 for the first time in history. Now, with rates surging past ₹64,000, investors are eagerly anticipating whether gold will break the ₹65,000 barrier.

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