THIRUVANANTHAPURAM: The price of gold has climbed to a new record. There was a rise of Rs 1040 today alone. With this, the price of a sovereign of gold today is Rs 86,760 for 22 carat gold. The price of a gram is Rs 10,845 after an increase of Rs 130. When bought as jewelry, one will have to pay more than Rs 95,000 for a sovereign of gold, including service tax, cess and making charges.

If the price increases in the same manner, one will have to pay Rs 1 lakh for a jewelry of one sovereign in a few days. The price of gold had increased by Rs 1,040 twice yesterday. The piece of gold increased by Rs 680 in the morning and Rs 360 in the afternoon. With this, the price of a sovereign of gold touched Rs 85,720.

The sudden change in the global market led the gold price to surge. The weakening

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