It has been revealed according to a recent report of the stock market that the gold has surged to a newer level of high. Gold, on the domestic bulls market, has gone higher in terms of value and this has given the traders a new hope regarding the sale and purchase of the wonder metal. On the other hand, the prices of silver have fallen by a large level and this has received a lot of scrutiny and speculation in the markets.

There is a lot of buying that is going to go around due to the same and this has sent a buzz to the markets. In Chennai, the price of silver was at Rs. 63.55 and the price of standard gold was recorded to be at Rs 24,455 and that of ornament gold, the one that is more widely used by people, was at Rs. 2,287.

"The yellow metal turned into a safe investment bet due to ongoing concerns over other high-return assets as they are getting riskier day by day over turmoil in global markets”, traders said.

The fall in the silver trading have sure put the traders in a bit of trouble and hope seems to come for the metal soon enough.