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Gold Price Today, 20 December 2022: Buy gold at Rs2,020 cheaper rate; Don’t miss the chance!

Gold Price Today, 20 December 2022: Over the past several days, the rise in the prices of gold and silver appears to have slowed. The price of both gold and silver has fallen in the Indian bullion market on Tuesday, the second trading day of this trading week. Today, the price of gold increased by […]

Edited By : Divya Richa | Updated: Dec 21, 2022 11:14 IST
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Gold Price Today, 20 December 2022: Over the past several days, the rise in the prices of gold and silver appears to have slowed. The price of both gold and silver has fallen in the Indian bullion market on Tuesday, the second trading day of this trading week. Today, the price of gold increased by Rs 68 for every 10 grammes, while the cost of silver decreased by Rs 454 for every kilogramme. Following this decline, gold is now selling for roughly Rs 54100 per 10 grammes, and silver is now selling for about Rs 66400 per kilogramme.

Significantly, the prices of gold and silver have been fluctuating steadily for the past few days. Gold and silver prices fluctuate, sometimes falling and sometimes rising. People struggle to comprehend when it is advantageous for them to purchase gold and silver. On the other hand, according to experts in the bullion market, now is a fantastic time for individuals to purchase gold and silver at a discount. Because the price of silver will rise more in the next days along with the price of gold, and both could set new records.

IBJA gold and silver condition

According to the Indian Bullion Jewelers Association (IBJA) website, gold (Gold Price Update) increased in price by Rs 68 per ten gram on Tuesday (December 20), the second day of current trading week, and opened at Rs 54180 per ten grammes. The price of gold increased by Rs 250 on Monday’s final trading day to conclude at Rs 54248 for 10 grammes.

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Silver, on the other hand, opened at a level of Rs. 66444 per kg with a decrease of Rs. 454. In contrast, silver increased by Rs 833 on Monday’s final trading day to close at Rs 66568 per kilogramme.

Rates for gold and silver on MCX 

Contrary to the Indian Bullion Jewelers Association (IBJA), the Multi Commodity Exchange is currently experiencing a boom in the trading of gold and silver (MCX). Today, the price of gold on the MCX is Rs 167 more than yesterday, at Rs 54,427. Silver, meanwhile, is up 118 rupees and trading at a high of Rs 67,630.

Gold down by Rs2,000, Silver by Rs13,500 from all-time highs,

Compared to its all-time high, gold is currently selling for around Rs 2020 per 10 grammes less. In August 2020, gold reached its highest point ever. At that time, the price of gold had increased to Rs 56,200 for 10 gram. On the other side, silver was becoming more affordable than it had ever been, costing Rs 13536 per kg. Silver’s all-time high price is Rs. 79980 per kilogramme. For individuals who want to purchase gold or silver in such a scenario, this may prove to be an excellent buying opportunity.

14 to 24 carat Gold Price Today, 20 December 2022

Thus, the current price for 10 grammes of 24 carat gold is Rs 54180, 10 grammes of 23 carat gold is Rs 53963, 10 grammes of 22 carat gold is Rs 49629, 10 grammes of 18 carat gold are Rs 40635 and 10 grammes of 14 carat gold are about. is currently retailing for Rs 31695 per 10 grammes.

Gold and silver in the world market

Gold and silver are currently moving quickly on the worldwide market, in contrast to the Indian bullion market. In the US, gold was up $ 3.99 to $ 1,791.30 per ounce, while silver was up $ 0.03 to $ 23.02 per ounce.

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Gold Price Today, 20 December 2022 in Big Cities

  • Delhi Gold Price

22ct Gold : Rs. 49750, 24ct Gold : Rs. 54260, Silver Price : Rs. 69300

  • Mumbai Gold Price

22ct Gold : Rs. 49600, 24ct Gold : Rs. 54110, Silver Price : Rs. 69300

  • Kolkata Gold Price

22ct Gold : Rs. 49600, 24ct Gold : Rs. 54110, Silver Price : Rs. 69300

  • Chennai Gold Price

22ct Gold : Rs. 50650, 24ct Gold : Rs. 55250, 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. 69300

  • Surat Gold Price

22ct Gold : Rs. 49650, 24ct Gold : Rs. 54160, Silver Price : Rs. 69300

  • Nagpur Gold Price

22ct Gold : Rs. 49600, 24ct Gold : Rs. 54110, Silver Price : Rs. 69300

  • Pune Gold Price

22ct Gold : Rs. 49600, 24ct Gold : Rs. 54110, Silver Price : Rs. 69300

  • 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. 69300

  • Bhopal Gold Price

22ct Gold : Rs. 5,3060, 24ct Gold : 5,0530, Silver Price : Rs. 72,5000

  • Indore Gold Price

22ct Gold : Rs. 5,3060, 24ct Gold : 5,0530, Silver Price : Rs. 72,5000

  • Jaipur Gold Price

22ct Gold : Rs. 49750, 24ct Gold : Rs. 54260, Silver Price : Rs. 72500

  • Lucknow Gold Price

22ct Gold : Rs. 49750, 24ct Gold : Rs. 54260, Silver Price : Rs. 69300

  • Patna Gold Price

22ct Gold : Rs. 49650, 24ct Gold : Rs. 54160, Silver Price : Rs. 69300

  • Noida Gold Price

22ct Gold : Rs. 49750, 24ct Gold : Rs. 54260, Silver Price : Rs. 69300

  • Ghaziabad Gold Price

22ct Gold : Rs. 49750, 24ct Gold : Rs. 54260, Silver Price : Rs. 69300

  • Gurugram Gold Price

22ct Gold : Rs. 49750, 24ct Gold : Rs. 54260, Silver Price : Rs. 69300

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First published on: Dec 20, 2022 03:57 PM IST

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