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Gold Price on December 8: Jackpot for gold buyers, rate slashes this much! details here

Gold Price on December 8: After decreasing for two days in a row, the price of gold has regained pace. The decrease in gold and silver has been halted during the marriage season after two day decrease. Today, the price of gold and silver is rising once more. Gold is now Rs 209 more expensive, […]

Edited By : Divya Richa | Updated: Dec 8, 2022 14:54 IST
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Gold Price on December 8: After decreasing for two days in a row, the price of gold has regained pace. The decrease in gold and silver has been halted during the marriage season after two day decrease. Today, the price of gold and silver is rising once more. Gold is now Rs 209 more expensive, and silver is Rs 307. Following the increase, gold is now selling for Rs 53800 per 10 gramme and silver for Rs 65000 per kg.

Significantly, the prices of gold and silver have been fluctuating during the last month. Gold and silver prices fluctuate between decreasing and increasing. In such a case, the customer is dubious of the purchase. People do not comprehend when it is advantageous to purchase gold and silver. On the other hand, bullion market analysts believe that customers now have an excellent opportunity to purchase gold and silver at a low cost. Because, like gold, the price of silver will rise more in the next days, and both can set new highs.

IBJA gold and silver condition

According to the Indian Bullion Jewelers Association’s (IBJA) website, gold (Gold Price Update) increased by Rs 209 per ten kilos on Thursday (December 8), the fourth day of current trading week, and opened at Rs 53792 per ten grammes. On the other hand, on the previous trading day, Wednesday, gold fell by Rs 46 and concluded at Rs 53583 per 10 kilos.

Today, however, silver (Silver Price Update) opened with a gain of Rs 307 at Rs 65025 per kg. Silver gained Rs 225 on the past trading day, Wednesday, and finished at Rs 64718 per kilogramme.

MCX gold and silver rates

Gold and silver, like the Indian Bullion Jewelers Association (IBJA), are trading at a rapid rate on the Multi Commodity Exchange (MCX) today. Today, gold on the MCX is costly at Rs 63 and is trading at Rs 54,050. While silver is currently trading at Rs 66,360, up Rs 93.

Gold is down Rs 2,500 and silver is down Rs 15,000 from all-time highs

Gold is currently selling for Rs 2508 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 10 kilos. Silver, on the other hand, was falling below its all-time low of Rs 14955 per kilogramme. Silver’s all-time high price is Rs 79980 per kilogramme. In such a case, those looking to purchase gold or silver may

14 to 24 Carat Gold

In this manner, the current price of 24 carat gold is Rs 53792 per 10 grammes, 23 carat gold is Rs 53577 per 10 grammes, 22 carat gold is Rs 49274 per 10 grammes, 18 carat gold is Rs 40344 per 10 grammes, and 14 carat gold is approximately Rs 40344 per 10 grammes. Is currently priced at Rs 31468 for 10 grammes.

Gold and silver prices in global market

Unlike the Indian bullion market, gold and silver are currently trading lower on the worldwide market. In the United States, gold was down $1.06 to $1,786.10 per ounce while silver was down $0.01 to $22.71 per ounce.

Gold, Silver Price in Major cities

Delhi Gold Price

22ct Gold : Rs. 49650, 24ct Gold : Rs. 54150, Silver Price : Rs. 66200

Mumbai Gold Price

22ct Gold : Rs. 49500, 24ct Gold : Rs. 54000, Silver Price : Rs. 66200

Kolkata Gold Price

22ct Gold : Rs. 49500, 24ct Gold : Rs. 54000, Silver Price : Rs. 66200

Chennai Gold Price

22ct Gold : Rs. 50230, 24ct Gold : Rs. 54790, Silver Price : Rs. 71300

Surat Gold Price

22ct Gold : Rs. 49500, 24ct Gold : Rs. 54000, Silver Price : Rs. 66200

Chandigarh Gold Price

22ct Gold : Rs. 49650, 24ct Gold : Rs. 54150, Silver Price : Rs. 66200

Bhopal Gold Price

22ct Gold : Rs. 50240, 24ct Gold : Rs. 54150, Silver Price : Rs. 71,000

Indore Gold Price

22ct Gold : Rs. 50240, 24ct Gold : Rs. 54150, Silver Price : Rs. 71,000

Jaipur Gold Price

22ct Gold : Rs. 49650, 24ct Gold : Rs. 54150, Silver Price : Rs. 66200

Lucknow Gold Price

22ct Gold : Rs. 49650, 24ct Gold : Rs. 54150, Silver Price : Rs. 66200

Patna Gold Price

22ct Gold : Rs. 49550, 24ct Gold : Rs. 54050, Silver Price : Rs. 66200

Noida Gold Price

22ct Gold : Rs. 49650, 24ct Gold : Rs. 54150, Silver Price : Rs. 66200

Ghaziabad Gold Price

22ct Gold : Rs. 49650, 24ct Gold : Rs. 54150, Silver Price : Rs. 66200

Gurgram Gold Price)

22ct Gold : Rs. 49650, 24ct Gold : Rs. 54150, Silver Price : Rs. 66200

First published on: Dec 08, 2022 02:52 PM IST
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