THIRUVANANTHAPURAM: There was a huge jump in the price of gold in the state today. The price of a sovereign increased by Rs 1,680 to Rs 93,720 and the price of one gram increased by Rs 210 to Rs 11,715. This is the highest gold price of this month. There was a slight drop in the price of gold yesterday. The price of a sovereign reduced by Rs 240 to Rs 92,040 and the price of a gram by Rs 30 to Rs 11,505. The lowest gold price so far this month was recorded on November 3. On that day, the price of a sovereign was Rs 89,080 and the price of a gram was Rs 11,135.

Investors were attracted to gold by the possibility of a drop in interest rates in the United States. With the end of the US government shutdown and the release of economic data, the Federal Reserve may be forced to reduce interest

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