Within 4 days the price of gold per gram has risen by Rs.25 making the present price Rs.2270. For eight gram it has reached from Rs. 17,960 to Rs. 18,160 a hike of Rs. 200/-. It may not be far away when this may reach to Rs.20,000.
The rich can make investments in gold. But what about the poor who wants to purchase a gold ring or necklace or some jewellery for marriage or some other function?
The government has to intervene to stop this rocketting prices.