The price of ornamental gold has reached 30,000 rupees in Chennai. Due to the dip in Indian economy, the fall of Indian rupee and the trade tension between USA and China, the price of gold has been impacted heavily.

For the past 40 days, the price of gold has been constantly on the rise, and has increased by Rs 3640. Yesterday the price rise was Rs 128, and reached Rs 29744. With 16 Rs increase per gram, the price was Rs 3718.Today the price rise has seen a historic growth and has risen by Rs 288 to reach a huge Rs 30120 per sovereign, and Rs 3765 per gram.

Due to this people who had planned to buy Gold are shocked, and people who were planning to buy jewels for marriage and family events are currently worried with the price rise.