THIRUVANANTHAPURAM: The price of gold has fallen sharply in the state. After a drop of Rs 320 per sovereign, the price of the yellow metal is Rs 37,880. The price per gram yesterday was Rs 4775 and today Rs 4735 after a fall of Rs 35. There was increase of Rs 35 per gram yesterday.

There was a rise and fall in the gold prices since the start of the Ukraine-Russia war. The price of a sovereign had crossed Rs 40,000 since the beginning of this month. The price of the metal on March 9 was Rs 40,560. On that day, the rate per gram was Rs 5,070 per gram. It was the highest price of this month.