Gold prices reduced

Gold prices in the world market had reduced significantly over the past week after recording its highest price in six years.

Although gold prices had increased over the past six weeks, after August there has been a significant reduction.

With the American Central Reserve increasing its interest rates continuously and the demand declining, the price of an ounce of gold currently stands at $1218.


The reduction in gold prices is around 12%.

In addition, Silver prices have also reduced and Platinum prices had also reduced by 1.2% over the past week, according to market analysts.