Gold Prices Jump by ₹1,400 in a Single Day
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Gold prices went up by ₹1,400 in one day. This happened in markets across India. Bengaluru is one of the cities with this change. Many people watch gold prices every day. Gold is important for jewellery in India. People buy gold for weddings and festivals.
Experts also talked about the future of gold prices. They said prices may change a lot in the next six months. People want to know the price of 10 grams of gold. This is a common way to measure gold in India. The experts gave their prediction about future prices.
On a different day, gold prices went down. On that day, people sold a lot of gold and silver. The total value was about ₹60,000 crore. This happened around a festival called Dhan Trayodashi. Many Indians buy gold on this day. They believe it brings good luck.
Vocabulary15 words
- jewellery
- things like rings and necklaces made from gold or silver
- grams
- a small unit used to weigh things like gold
- prediction
- a guess about what will happen in the future
- silver
- a shiny white metal used to make jewellery
- crore
- a number equal to ten million, used in India
- market
- a place where people buy and sell things
- value
- how much money something is worth
- festival
- a special day when people celebrate
- experts
- people who know a lot about a subject
- rise
- to go up
- fall
- to go down
- demand
- when many people want to buy something
- investment
- money put into something to make more money later
- trader
- a person who buys and sells things for money
- shop
- a small place where people buy things
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Quiz
Answer key
1. ₹1,400 2. A festival when people buy gold 3. False
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Fill-in-the-blank listening
Play the audio again and fill in the missing words as you listen.
Gold prices went up by _____ in one day.
This happened in _____ across India.
Bengaluru is one of the cities with this _____.
Gold is important for _____ in India.
People buy gold for weddings and _____.
Experts said prices may change in the next six _____.
People want to know the price of 10 _____ of gold.
On a different day, gold prices went _____.
People sold a lot of gold and _____.
This happened around a festival called _____ Trayodashi.
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