GOLD GLITTERS, BUT THE PRICE BURNS: A NATION'S STRUGGLE

 




















                  Gold prices are a breaking all time records. Thegold price of sovereign is passing 70000 by remarking low price at little time and often at high price. American President Donald Trump's economical policies are a reason behind it. Even though people's deep desire towards gold are also reason behind it. 

                    The rarity of gold and it's ability to last for ages without rusting , are the reason behind its demand. While increasing the demand of something, increases it's price is the primary lesson of trade. When the share markets were in the down situation due to Covid, most of the people changed their investment into gold. 
               
                      Not only the gold influences a region, but also it influences the entire world. The ongoing surge into price of gold points into various incidents. According to Indian people gold is not only the symbol of luxury but it is a part of our lifestyle. Gold is a inevitable in Indian marriage. Indian people are suffering excruciating pain due to high price of gold. Parents and young people are running behind the gold. This price is alone is beyond their ability to afford. If this continues, the time is not far when price of gold will be 1 lakh per sovereign.


                 BY 
                      MUHAMMED SHIBILI RAHMANI 
                      VALLIKKUNNU 

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