Gold Price Today, 16 January 2023: Gold and silver prices are running at rocket speed this year. Today is the third day when gold has broken the old record of its own price. Today the price of gold has increased to Rs 56814 per 10 grams, which is the costliest ever. Earlier, the highest rate of gold was Rs 56,462 per 10 grams. In fact, for the last several months, the price of gold and silver is continuously increasing. In the Indian bullion market today, gold became costlier at the rate of Rs.352 per 10 grams, while the price of silver is witnessing a huge increase at the rate of Rs.1121 per kg. Even after this, gold has fallen to Rs 56,800 per 10 grams and silver is being sold above Rs 69,200 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.
Read More :-SHARES OF HDFC BANK CAN PROVIDE 26% RETURN; BANK REPORTS 19.9 PER CENT JUMP IN Q3 RESULTS
Gold and silver on IBJA
According to the website of the Indian Bullion Jewelers Association (IBJA), on Monday (January 16), on the first day of the third trading week of this year, gold (Gold Price Update) climbed at the rate of Rs 352 per ten grams to the level of Rs 56814 per ten grams. doing business. Whereas on the last trading day on Friday, Gold became costlier by Rs 365 and closed at Rs 56462 per 10 grams.
On the other hand, silver (Silver Price Update) is trading at a level of Rs 69236 per kg with a huge gain of Rs 1121. Whereas on the last trading day on Friday, silver had gained Rs 152 and closed at Rs 68115 per kg.
Gold Price Today 16 January 2023 on MCX
Unlike the Indian Bullion Jewelers Association (IBJA), both gold and silver are trading at a fast pace on the Multi Commodity Exchange (MCX) today. On MCX, gold is costlier by Rs 73 at the level of Rs 56,397, while silver is trading at Rs 69,881 with a gain of Rs 454.
Gold high by Rs 350 from all-time high; silver down by Rs10,700
At present, gold is being sold cheaper than its all-time high by Rs 352 per 10 grams. Gold made its all-time high on January 13, 2023. At that time gold had gone up to the level of Rs 56462 per ten grams. On the other hand, silver was getting cheaper than its highest level at the rate of Rs 10744 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
In this way, on Monday, the price of 24 carat gold rose to Rs 56814 per 10 grams, 23 carat gold to Rs 56587 per 10 grams, 22 carat gold to Rs 52042 per 10 grams, 18 carat gold to Rs 42611 per 10 grams and 14 carat gold to approx. Is trading at the level of Rs 33236 per 10 grams.
Condition of gold and silver in the international market
Like the Indian bullion market, gold and silver are trading fast today in the international market as well. In the US, gold was trading higher by $ 2.19 at $ 1,919.43 an ounce and silver by $ 0.11 at $ 24.40 an ounce.
Read More :-PETROL, DIESEL PRICE ON JANUARY 17 2023: CHANGE IN FUEL RATES! CHECK PRICE OF YOUR CITY HERE
Gold Price Today 16 January 2023 in Major Cities
Delhi Gold Price
22ct Gold : Rs. 52350, 24ct Gold : Rs. 57100, Silver Price : Rs. 73200
Mumbai Gold Price
22ct Gold : Rs. 52200, 24ct Gold : Rs. 56950, Silver Price : Rs. 73200
Kolkata Gold Price
22ct Gold : Rs. 52200, 24ct Gold : Rs. 56950, Silver Price : Rs. 73200
Chennai Gold Price
22ct Gold : Rs. 53170, 24ct Gold : Rs. 58000, Silver Price : Rs. 75800
Hyderabad Gold Price
22ct Gold : Rs. 52250, 24ct Gold : Rs. 57000, Silver Price : Rs. 75800
Bangalore Gold Price
22ct Gold : Rs. 50950, 24ct Gold : Rs. 55580, Silver Price : Rs. 73500
Mangalore Gold Price
22ct Gold : Rs. 52250, 24ct Gold : Rs. 57000, Silver Price : Rs. 75800
Ahmedabad Gold Price
22ct Gold : Rs. 52250, 24ct Gold : Rs. 57000, Silver Price : Rs. 73200
Surat Gold Price
22ct Gold : Rs. 52250, 24ct Gold : Rs. 57000, Silver Price : Rs. 73200
Pune Gold Price
22ct Gold : Rs. 52200, 24ct Gold : Rs. 56950, Silver Price : Rs. 73200
Bhubaneswar Gold Price
22ct Gold : Rs. 52200, 24ct Gold : Rs. 56950, Silver Price : Rs. 75800
Chandigarh Gold Price
22ct Gold : Rs. 52350, 24ct Gold : Rs. 57100, Silver Price : Rs. 73200
Bhopal Gold Price
22ct Gold : Rs. 52930, 24ct Gold : 55880, Silver Price : Rs. 75,000
Indore Gold Price
22ct Gold : Rs. 52930, 24ct Gold : 55880, Silver Price : Rs. 75,000
Jaipur Gold Price
22ct Gold : Rs. 52350, 24ct Gold : Rs. 57100, Silver Price : Rs. 73200
Patna Gold Price
22ct Gold : Rs. 52250, 24ct Gold : Rs. 57000, Silver Price : Rs. 73200
Lucknow Gold Price
22ct Gold : Rs. 52350, 24ct Gold : Rs. 57100, Silver Price : Rs. 73200
Noida Gold Price
22ct Gold : Rs. 52350, 24ct Gold : Rs. 57100, Silver Price : Rs. 73200
Ghaziabad Gold Price
22ct Gold : Rs. 52350, 24ct Gold : Rs. 57100, Silver Price : Rs. 73200
Gurugram Gold Price
22ct Gold : Rs. 52350, 24ct Gold : Rs. 57100, Silver Price : Rs. 73200
Read More :- Latest Business News