THIRUVANANTHAPURAM: There was a major rise in the price of gold today. The rise was after a drop seen in the last two days. After a rise of Rs 1520, the price of a sovereign today is Rs 97,360. The price per gram is Rs 12,170 after an increase of Rs 190.

The price of a sovereign yesterday was Rs 95,840 after decreased by Rs 120 and price of a gram was Rs 11,980 after a drop of Rs 15. At a time when it seemed that the price of gold would cross one lakh, it suddenly fell by Rs 1400 on Saturday. However, it is again approaching to a lakh.

The global crises are affecting the gold prices. The possibility of a drop in the base interest rate in the US, the renewed US-China trade war, the crisis faced by regional banks in the US, and the fall of the dollar against other major currencies are the

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