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Gold price today: Big shock for gold buyers as Gold, silver price surges; Know current rates here

Gold price today, December 5, 2022: Gold and silver prices have reached the seventh sky during wedding season. The price of gold and silver has been steadily rising for the last few days. Buyers appear to be very upset as a result of this. This trading week began with a significant increase in the price […]

Edited By : Divya Richa | Updated: Dec 5, 2022 15:09 IST
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Gold price today, December 5, 2022: Gold and silver prices have reached the seventh sky during wedding season. The price of gold and silver has been steadily rising for the last few days. Buyers appear to be very upset as a result of this. This trading week began with a significant increase in the price of gold. Gold is now Rs 316 more dearer, and silver is Rs 1,457 more costly. Following this, the price of gold has touched Rs 54,000 per 10 gram and the price of silver is available at Rs 66,000 per kg.

The prices of gold and silver have been fluctuating over the last month. The customer is sceptical of the purchase. People do not understand when it is advantageous to purchase gold and silver. On the other hand, bullion market experts believe that people now have an excellent opportunity to purchase 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 website of the Indian Bullion Jewelers Association (IBJA), gold (Gold Price Update) increased by Rs 316 per 10 gram on Monday (December 5), and opened at Rs 53,972 per 10 gram. On the other hand, gold increased in price by Rs 475 on Friday, closing at Rs 53,656 per 10 gram.

Today, on the other hand, silver (Silver Price Update) opened at Rs 65,891 per kg, a huge gain of Rs 1457. Silver, on the other hand, increased in price by Rs 1303 on Friday, closing at Rs 64,434 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 Rs 365 more expensive, trading at Rs 54,215. Silver is currently trading at Rs 67,221 with a gain of Rs 772.

Gold is down Rs 2,200 and silver is down Rs 14,000 from their all-time highs

Gold is currently selling for Rs 2228 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 14089 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 53972 per 10 gramme, 23 carat gold is Rs 53756 per 10 gramme, 22 carat gold is Rs 49438 per 10 gramme, 18 carat gold is Rs 40479 per 10 gramme, and 14 carat gold is approximately Rs 53972 per 10 gramme. Is currently trading at Rs 31574 per 10 grammes.

Gold and silver prices on the international market

Gold and silver, like the Indian bullion market, are trading quickly in the international market today. In the United States, gold was up $ 7.80 at $1,806.65 per ounce and silver was up $ 0.01 at $ 23.25 per ounce.

Gold, Silver price today, December 5, 2022 in big cities

Delhi Gold Price

22ct Gold : Rs. 49750, 24ct Gold : Rs. 54260, Silver Price : Rs. 66500

Mumbai Gold Price

22ct Gold : Rs. 49600, 24ct Gold : Rs. 54110, Silver Price : Rs. 66500

Kolkata Gold Price

22ct Gold : Rs. 49600, 24ct Gold : Rs. 54110, Silver Price : Rs. 72500

Chennai Gold Price

22ct Gold : Rs. 50450, 24ct Gold : Rs. 55040, Silver Price : Rs. 72500

Hyderabad Gold Price

22ct Gold : Rs. 49600, 24ct Gold : Rs. 54110, Silver Price : Rs. 72500

Bangalore Gold Price

22ct Gold : Rs. 49650, 24ct Gold : Rs. 54160, Silver Price : Rs. 72500

Mangalore Gold Price

22ct Gold : Rs. 49650, 24ct Gold : Rs. 54160, Silver Price : Rs. 72500

Ahmedabad Gold Price

22ct Gold : Rs. 49650, 24ct Gold : Rs. 54160, Silver Price : Rs. 66500

Surat Gold Price

22ct Gold : Rs. 49500, 24ct Gold : Rs. 54160, Silver Price : Rs. 66500

Nagpur Gold Price

22ct Gold : Rs. 49600, 24ct Gold : Rs. 54110, Silver Price : Rs. 66500

Pune Gold Price

22ct Gold : Rs. 49600, 24ct Gold : Rs. 54110, Silver Price : Rs. 66500

Bhubaneswar Gold Price

22ct Gold : Rs. 49600, 24ct Gold : Rs. 54110, Silver Price : Rs. 72500

Chandigarh Gold Price

22ct Gold : Rs. 49750, 24ct Gold : Rs. 54260, Silver Price : Rs. 66500

Bhopal Gold Price

22ct Gold : Rs. 5,0430, 24ct Gold : Rs. 5,2950, Silver Price : Rs. 71,600

Indore Gold Price

22ct Gold : Rs. 5,0430, 24ct Gold : Rs. 5,2950, Silver Price : Rs. 71,600

Jaipur Gold Price

22ct Gold : Rs. 49750, 24ct Gold : Rs. 54260, Silver Price : Rs. 66500

Lucknow Gold Price

22ct Gold : Rs. 49750, 24ct Gold : Rs. 54260, Silver Price : Rs. 66500

Patna Gold Price

22ct Gold : Rs. 49630, 24ct Gold : Rs. 54140, Silver Price : Rs. 66500

Noida Gold Price

22ct Gold : Rs. 49750, 24ct Gold : Rs. 54260, Silver Price : Rs. 66500

Ghaziabad Gold Price

22ct Gold : Rs. 49750, 24ct Gold : Rs. 54260, Silver Price : Rs. 66500

Gurugram Gold Price

22ct Gold : Rs. 49750, 24ct Gold : Rs. 54260, Silver Price : Rs. 66500

First published on: Dec 05, 2022 03:09 PM IST
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