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Gold Price on December 2: Gold price soars by Rs430 but still Rs2,500 cheaper

Gold Price update, December 2, 2022: If you want to buy gold and silver during the wedding season, there is a good news for you. The price of gold and silver has been fluctuating steadily over the last few days. Even today, on the fifth and final day of this trading week, the price of […]

Edited By : Divya Richa | Updated: Dec 2, 2022 15:57 IST
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Gold silver price today

Gold Price update, December 2, 2022: If you want to buy gold and silver during the wedding season, there is a good news for you. The price of gold and silver has been fluctuating steadily over the last few days. Even today, on the fifth and final day of this trading week, the price of gold and silver is rising significantly. Gold saw a rise of Rs 430 and silver rate is increased by Rs 1,483. Following that, gold is currently trading at Rs 53600 per 10 gram and silver at Rs 64700 per kg.

Significantly, the prices of gold and silver have been fluctuating over the last month. Gold and silver prices fluctuate between decreasing and increasing. In such a case, the customer is sceptical of the purchase. People do not understand when it is advantageous to purchase gold and silver.

However, experts say that during the wedding season, people have a great opportunity to buy gold and silver at a low cost. Because, like gold, the price of silver will rise further in the coming days, and both can set new highs.

IBJA gold and silver condition

According to the Indian Bullion Jewelers Association (IBJA) website, on the fifth and final day of this trading week, Friday (December 2), gold (Gold Price Update) increased by Rs 430 per ten grammes to Rs 53611 per ten grammes. However, open On the other hand, gold increased in price by Rs 404 on Thursday, closing at Rs 533181 per 10 grammes.

Today, on the other hand, silver (Silver Price Update) opened at Rs 64686 per kg, a huge gain of Rs 1483. On the other hand, silver increased in price by Rs 1303 on Thursday, closing at Rs 63203 per kg.

MCX gold and silver rates

Gold and silver, like the Indian Bullion Jewelers Association (IBJA), are trading at a rapid pace on the Multi Commodity Exchange today (MCX). Today, gold on the MCX is expensive at Rs 99 and is trading at Rs 53,337. While silver is currently trading at Rs 64,562, up Rs 657.

Gold is down Rs 2,500 and silver is down Rs 15,200 from their all-time highs.

Gold is currently selling for Rs 2589 per 10 grammes less than its all-time high. In August 2020, gold reached an all-time high. At the time, gold had reached a price of Rs 56,200 per ten grammes. Silver, on the other hand, was falling below its all-time low of Rs 15296 per kg. Silver’s all-time high price is Rs 79980 per kg. In such a case, those looking to purchase gold or silver may find this to be a good time to do so.

Price of 14 to 24 Carat Gold

In this manner, the current price of 24 carat gold is Rs 53611 per 10 gramme, 23 carat gold is Rs 53396 per 10 gramme, 22 carat gold is Rs 49108 per 10 gramme, 18 carat gold is Rs 40208 per 10 gramme, and 14 carat gold is approximately Rs 40208 per 10 gramme. Is currently trading at Rs.31362 per 10 grammes.

gold and silver prices on the international market

Unlike the Indian bullion market, gold and silver are currently trading lower on the international market. In the United States, gold was down $2.32 at $1,800.11 per ounce and silver was down $0.16 at $22.86 per ounce.

Gold, Silver Price in Big cities

Delhi Gold Price

22ct Gold : Rs. 49300, 24ct Gold : Rs. 53780, Silver Price : Rs. 64000

Mumbai Gold Price

22ct Gold : Rs. 49250, 24ct Gold : Rs. 53730, Silver Price : Rs. 64000

Kolkata Gold Price

22ct Gold : Rs. 49250, 24ct Gold : Rs. 53730, Silver Price : Rs. 70500

Chennai Gold Price

22ct Gold : Rs. 49400, 24ct Gold : Rs. 53880, Silver Price : Rs. 70500

Hyderabad Gold Price

22ct Gold : Rs. 49300, 24ct Gold : Rs. 53780, Silver Price : Rs. 70500

Bangalore Gold Price

22ct Gold : Rs. 49250, 24ct Gold : Rs. 53730, Silver Price : Rs. 70500

Mangalore Gold Price

22ct Gold : Rs. 49250, 24ct Gold : Rs. 53730, Silver Price : Rs. 70500

Ahmedabad Gold Price

22ct Gold : Rs. 49250, 24ct Gold : Rs. 53730, Silver Price : Rs. 64000

Surat Gold Price

22ct Gold : Rs. 50100, 24ct Gold : Rs. 54650, Silver Price : Rs. 64000

Nagpur Gold Price

22ct Gold : Rs. 49250, 24ct Gold : Rs. 53730, Silver Price : Rs. 64000

Pune Gold Price

22ct Gold : Rs. 49250, 24ct Gold : Rs. 53730, Silver Price : Rs. 64000

Bhubaneswar Gold Price

22ct Gold : Rs. 49300, 24ct Gold : Rs. 53780, Silver Price : Rs. 70500

Chandigarh Gold Price

22ct Gold : Rs. 49400, 24ct Gold : Rs. 53880, Silver Price : Rs. 64000

Bhopal Gold Price

22ct Gold : Rs. 50040, 24ct Gold : Rs. 53450, Silver Price : Rs. 70,500

Indore Gold Price

22ct Gold : Rs. 50040, 24ct Gold : Rs. 53450, Silver Price : Rs. 70,500

Jaipur Gold Price

22ct Gold : Rs. 49300, 24ct Gold : Rs. 53780, Silver Price : Rs. 64000

Lucknow Gold Price

22ct Gold : Rs. 49250, 24ct Gold : Rs. 53730, Silver Price : Rs. 64000

Patna Gold Price

22ct Gold : Rs. 49250, 24ct Gold : Rs. 53730, Silver Price : Rs. 64000

Noida Gold Price

22ct Gold : Rs. 49250, 24ct Gold : Rs. 53730, Silver Price : Rs. 64000

Ghaziabad Gold Price

22ct Gold : Rs. 49300, 24ct Gold : Rs. 53780, Silver Price : Rs. 64000

Gurgram Gold Price

22ct Gold : Rs. 49300, 24ct Gold : Rs. 53780, Silver Price : Rs. 64000

First published on: Dec 02, 2022 03:57 PM IST
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