Gold and Silver Prices Move in India
Listen to the story
Gold and silver prices changed in India this week.
In one report, gold went up. It rose by 967 rupees. The new price was 1.55 lakh rupees.
Silver also went up. It rose by 2,439 rupees. The new price was 2.33 lakh rupees for one kilo.
This year, gold has become 22,000 rupees more expensive.
But another report said something different. It said gold became cheaper on Janmashtami. This is a Hindu festival.
In that report, silver was near 2.34 lakh rupees.
An expert talked about prices. The expert said how high prices may go next.
People in India often buy gold and silver. They buy it for festivals. They buy it as an investment too.
Vocabulary15 words
- gold
- a shiny yellow metal; very valuable
- silver
- a shiny grey metal; valuable, but less than gold
- Janmashtami
- a Hindu festival day
- expert
- a person who knows a lot about something
- investment
- money you use to buy something that may grow in value
- lakh
- a number word in India for 100,000
- rupee
- the money used in India
- price
- how much something costs
- rise
- to go up
- cheap
- not costing much money
- kilo
- a unit of weight; 1,000 grams
- market
- the place where things are bought and sold
- report
- a piece of news information
- festival
- a special day people celebrate
- expensive
- costing a lot of money
Quiz
Answer key
1. Gold went up by 967 rupees 2. A Hindu festival 3. True
Fill-in-the-blank listening
Play the audio again and fill in the missing words as you listen.
Gold and silver prices changed in India this week.
In one report, gold went up. It rose by _____ rupees. The new price was 1.55 lakh rupees.
Silver also went up. It rose by _____ rupees. The new price was _____ rupees for one kilo.
This year, gold has become _____ rupees more expensive.
But another report said something different. It said gold became cheaper on _____.
In that report, silver was near _____ lakh rupees.
An _____ talked about prices. The expert said how high prices may go next.
People in India often buy gold and silver for _____ and as an _____.