Mumbai: Gold Price Update: The festival of Karva Chauth is on October 13. On Friday, the fifth and last day of this trading week before Karva Chauth, where gold has become cheaper, the price of silver has registered a rise. After this, gold is selling above Rs 51765 per 10 grams and silver above Rs 60800 per kg. However, gold is still getting cheaper by about Rs 4300 and silver by Rs 19000 from its all-time high.
On Friday, gold became cheaper by Rs 73 per ten grams and closed at Rs 51765 per 10 grams. Whereas on the last trading day on Thursday, gold became expensive by Rs 552 per ten grams and closed at Rs 51838 per 10 grams.
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On the other hand, silver became costlier by Rs 178 and closed at Rs 60848 per kg. Whereas on the last trading day on Thursday, silver became cheaper by Rs 364 per kg and closed at Rs 60670 per kg.
14 to 24 carat gold latest price
In this way, on Friday, 24 carat gold 552 becomes costlier by Rs 51838, 23 carat gold 549 by Rs 51630, 22 carat gold 506 by Rs 47484, 18 carat gold 414 by Rs 38879 and 14 carat gold. Gold became costlier by Rs 323 and closed at Rs 30325 per 10 grams.
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Gold is getting cheaper by Rs 4300 and silver by Rs 19000 from all time high
Gold is currently selling at Rs 4362 per 10 grams cheaper than its all-time high. Let us tell you that gold had made its all-time high in August 2020. At that time gold had gone up to the level of Rs 56200 per ten grams. At the same time, silver was getting cheaper at the rate of about Rs 19132 per kg from its highest level. The highest ever level of silver is Rs 79980 per kg.
Buy gold only after assuring the hallmark
While buying gold, customers must take care of its quality. Gold jewelery should be bought only after seeing the hallmark. The hallmark is a government guarantee of gold and the Bureau of Indian Standards is the only agency in India that determines the hallmark. Hallmarking scheme works under the Bureau of Indian Standards Act, rules and regulation.
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