Lates News

The international gold price has significantly dropped in the past two weeks. On the 23rd, both the gold futures prices on the New York Mercantile Exchange and the spot gold prices in London fell below $4200 per ounce, wiping out all the gains so far this year. In India, as the retail price of gold falls, the number of customers at many jewelry stores has surged. Data shows that the current domestic price of 24K gold in India is around 13,000 rupees per gram, equivalent to about 960 yuan. Industry insiders point out that in recent days, crowded scenes have reappeared in jewelry stores in many parts of India. (CCTV Finance)