Gold and Silver Prices Fall This Week
Listen to the story
Gold and silver prices went down this week in India.
Silver fell by ₹6,536. Now one kilo of silver costs ₹2.29 lakh.
Gold also went down. Ten grams of gold fell by ₹2,946.
People often ask if gold will reach ₹15 lakh. This is a big target price.
Prices for gold and silver can change fast. This week, both went down together.
Many people buy gold and silver in India. They watch the price every day.
The market for gold and silver moves up and down. This week it moved down.
Vocabulary15 words
- silver
- a shiny white metal; people buy it and make jewelry
- gold
- a shiny yellow metal; very valuable and expensive
- target
- a goal price; what people think a price might reach
- price
- how much money something costs
- market
- a place or system where people buy and sell things
- lakh
- a number word in India; it means 100,000
- kilogram
- a unit for weight; also called a kilo
- gram
- a small unit for weight
- fall
- to go down in price or number
- expert
- a person who knows a lot about something
- week
- seven days in a row
- cost
- the price you pay for something
- money
- coins and notes people use to buy things
- buy
- to get something by paying money
- change
- to become different
Quiz
Answer key
1. They went down 2. ₹6,536 3. ₹15 lakh
Fill-in-the-blank listening
Play the audio again and fill in the missing words as you listen.
Gold and _____ prices went down this week in India.
Silver fell by _____. Now one kilo of silver costs ₹2.29 _____.
Gold also went down. Ten grams of gold fell by _____.
People often ask if gold will reach ₹15 lakh. This is a big _____ price.
Prices for gold and silver can change fast. This week, both went _____ together.
Many people buy gold and silver in India. They watch the _____ every day.
The _____ for gold and silver moves up and down. This week it moved down.