Gold prices drop to record lows
Posted by Editor on July 20, 2015 - 2:52 pm
Gold prices have dropped to a record low in global markets. Foreign media reported that this marks the lowest price recorded for gold in five years.
Prices of gold in domestic market has fallen relatively low as per the global market. Thereby, according to the domestic market, the price of one biscuit of gold weighing of 100 grammes was valued at Rs. 525,000 rupees on Monday (July 20) morning. Last week the price of same gold biscuit was Rs. 545,000.
A Canadian pound is also valued at the domestic market at Rs. 52,300. The pound is weighing 7.7 grammes.
This is a result of the US Central Bank. The value of an ounce of gold in the global market has dropped by 4 percent and the price of a platinum ounce by 5 percent.
(News First)
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A golden opportunity for our Prime Minister to distribute pure gold bracelets to each and every youth in our country to fulfill one of his cherished ambitions.
Chewing gum can follow later
Brilliant timing to suit the local elections.
at least be thankful that Ranil has the chance to give gold bracelets and not plunder the gold that the innocent people have as the previous regime did the question is where is the gold that was taken from the LTTE