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Gold Price 29 December: Gold shines more, Rs1,500 cheaper! New year gift for buyers

Gold Price 29 December: Gold is a precious metal and all-time favourite of everyone either it is male or female. Gold has charm to allure anyone as Its charm evades everyone’s heart. These day the price of gold is touching sky. For the last several month gold rate has increased and it is going out […]

Edited By : Divya Richa | Updated: Dec 30, 2022 10:36 IST
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Gold Price 29 December: Gold is a precious metal and all-time favourite of everyone either it is male or female. Gold has charm to allure anyone as Its charm evades everyone’s heart. These day the price of gold is touching sky. For the last several month gold rate has increased and it is going out of the budget of common man. On Thursday, the fourth day of the last trading week of this year, gold became costlier in the Indian bullion market by Rs 78 per 10 grams, while the price of silver was seen softening at the rate of Rs 112 per kg. After this, gold is being sold at around Rs 54649 per 10 grams and silver at around Rs 67660 per kg.

Significantly, for the last few days, there is a continuous movement in the prices of gold and silver. The prices of gold and silver sometimes decrease and sometimes they increase. In such a situation, the customer is skeptical about its purchase. People are not able to understand when it will be beneficial for them to buy gold and silver. On the other hand, bullion market experts say that right now people have a great opportunity to buy gold and silver cheaply. Because in the coming days, along with gold, the price of silver will increase further and both can create new records.

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Gold and silver on IBJA

According to the website of the Indian Bullion Jewelers Association (IBJA), on Thursday (December 29), on the fourth day of this trading week, gold (Gold Price Update) became costlier by Rs 78 per ten grams and traded at Rs 54649 per ten grams. doing. Whereas on the last trading day, on Wednesday, gold became cheaper by Rs 68 and closed at Rs 54571 per 10 grams.

On the other hand, silver (Silver Price Update) is trading at a level of Rs 67660 per kg with a gain of Rs 112. While on the last trading day on Wednesday, silver fell by Rs 920 to close at Rs 68848 per kg.

Gold and silver rates on MCX

Like the Indian Bullion Jewelers Association (IBJA), gold is trading at a fast pace today on the Multi Commodity Exchange (MCX). Silver is also trading fast today. On MCX, gold is costlier by Rs 9 at the level of Rs 54,770, while silver is trading at Rs 69,056 with a gain of Rs 43.

Gold down by Rs 1,500; silver by Rs 12,300 from all-time high

At present, gold is selling cheaper than its all-time high by Rs 1551 per 10 grams. Gold made its all-time high in August 2020. At that time gold had gone up to the level of Rs 56,200 per ten grams. On the other hand, silver was getting cheaper than its highest level at the rate of Rs 12320 per kg. The all-time high level of silver is Rs 79980 per kg. In such a situation, for those who are planning to buy gold or silver, this can prove to be a good buying opportunity.

14 to 24 Carat Gold Price 29 December

Thus, on Thursday, the price of 24 carat gold fell to Rs 54649 per 10 grams, 23 carat gold to Rs 54430 per 10 grams, 22 carat gold to Rs 50059 per 10 grams, 18 carat gold to Rs 40987 per 10 grams and 14 carat gold to approx. Is trading at the level of Rs 31970 per 10 grams.

Condition of gold and silver in the international market

Like the Indian bullion market, gold is trading fast today in the international market. In the US, gold was trading higher by $ 2.72 at $ 1,808 an ounce and silver by $ 0.16 at $ 23.71 an ounce.

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Gold, silver Price in Big Cities (Gold Price 29 December)

Delhi Gold Price

22ct Gold : Rs. 50200, 24ct Gold : Rs. 54750, Silver Price : Rs. 70300

Mumbai Gold Price

22ct Gold : Rs. 50050, 24ct Gold : Rs. 54600, Silver Price : Rs. 70300

Kolkata Gold Price

22ct Gold : Rs. 50050, 24ct Gold : Rs. 54600, Silver Price : Rs. 70300

Chennai Gold Price

22ct Gold : Rs. 50950, 24ct Gold : Rs. 55580, Silver Price : Rs. 74600

Surat Gold Price

22ct Gold : Rs. 50100, 24ct Gold : Rs. 54650, Silver Price : Rs. 70300

Chandigarh Gold Price

22ct Gold : Rs. 50200, 24ct Gold : Rs. 54750, Silver Price : Rs. 70300

Bhopal Gold Price

22ct Gold : Rs. 50980, 24ct Gold : 53530, Silver Price : Rs. 74,000

Indore Gold Price

22ct Gold : Rs. 50980, 24ct Gold : 53530, Silver Price : Rs. 74,000

Jaipur Gold Price

22ct Gold : Rs. 50200, 24ct Gold : Rs. 54750, Silver Price : Rs. 70300

Patna Gold Price

22ct Gold : Rs. 50100, 24ct Gold : Rs. 54650, Silver Price : Rs. 70300

Lucknow Gold Price

22ct Gold : Rs. 50200, 24ct Gold : Rs. 54750, Silver Price : Rs. 70300

Noida Gold Price

22ct Gold : Rs. 50200, 24ct Gold : Rs. 54750, Silver Price : Rs. 70300

Ghaziabad Gold Price

22ct Gold : Rs. 50200, 24ct Gold : Rs. 54750, Silver Price : Rs. 70300

Gurugram Gold Price

22ct Gold : Rs. 50200, 24ct Gold : Rs. 54750, Silver Price : Rs. 70300

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First published on: Dec 29, 2022 03:35 PM IST

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