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Gold Price Today, 4 January 2023: Gold rates skyrocket again, closes near to Rs56K

Gold Price Today, 4 January 2023: Even today, on the third day of the first business week of the new year 2023, a big jump is being seen in the price of gold. However, there seems to be a slight brake on the ongoing rise in the price of silver. Today, in the Indian bullion […]

Edited By : Divya Richa | Updated: Jan 5, 2023 11:26 IST
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Gold price

Gold Price Today, 4 January 2023: Even today, on the third day of the first business week of the new year 2023, a big jump is being seen in the price of gold. However, there seems to be a slight brake on the ongoing rise in the price of silver. Today, in the Indian bullion market, gold became costlier at the rate of Rs324 per 10 grams, while the price of silver is seen decreasing at the rate of Rs.347 per kg. After this, gold has once again jumped and reached close to Rs 56,000 per 10 grams. At the same time, even after this decline, silver is being sold at around Rs 69000 per kg. (Gold Price Today, 4 January 2023)

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.

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Gold Price Today, 4 January 2023 on IBJA

According to the website of the Indian Bullion Jewelers Association (IBJA), in the first week of this year, on Wednesday (January 4), on the third business day of the business week, gold (Gold Price Update) became costlier by Rs 324 per ten grams and reached a figure of Rs 55900. Crossing Rs. 55905 per ten grams, it is trading at a level of Rs. While on the last trading day on Tuesday, gold price became costlier by Rs 296 and closed at Rs 55581 per 10 grams.

On the other hand, silver (Silver Price Update) is trading below 69000 at a level of Rs 68880 per kg with a decrease of Rs 347. Whereas on Tuesday, on the last trading day, silver climbed by Rs 257 to close at Rs 69227 per kg.

Gold and silver rates on MCX

Like the Indian Bullion Jewelers Association (IBJA), gold is trading fast today on the Multi Commodity Exchange (MCX). Gold on MCX is costlier by Rs 250 at Rs 55,780, while silver is trading at Rs 70,146 with a gain of Rs 229.

Gold down by Rs 300 and silver by Rs 11000 from all-time high

At present, gold is selling cheaper than its all-time high by Rs 295 per 10 grams. Gold made its all-time high in August 2020. At that time gold had gone up to the level of Rs 56,200 per ten grams. On the other hand, silver was getting cheaper than its highest level at the rate of Rs 11100 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 Wednesday, the price of 24 carat gold rose to Rs 55905 per 10 grams, 23 carat gold to Rs 55681 per 10 grams, 22 carat gold to Rs 51209 per 10 grams, 18 carat gold to Rs 41929 per 10 grams and 14 carat gold to approx. Is trading at the level of Rs 32704 per 10 grams.

Gold and silver in 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 $ 10.47 at $ 1,847.33 an ounce and silver by $ 0.12 at $ 24.09 an ounce.

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Gold Price Today, 4 January 2023 in Big cities

  • Delhi Gold Price

22ct Gold : Rs. 51250, 24ct Gold : Rs. 55900, Silver Price : Rs. 72000

  • Mumbai Gold Price

22ct Gold : Rs. 51100, 24ct Gold : Rs. 55750, Silver Price : Rs. 72000

  • Kolkata Gold Price

22ct Gold : Rs. 51100, 24ct Gold : Rs. 55750, Silver Price : Rs. 72000

  • Chennai Gold Price

22ct Gold : Rs. 52080, 24ct Gold : Rs. 56800, Silver Price : Rs. 75500

  • Hyderabad Gold Price

22ct Gold : Rs. 51100, 24ct Gold : Rs. 55750, Silver Price : Rs. 75500

  • Bangalore Gold Price

22ct Gold : Rs. 51150, 24ct Gold : Rs. 55800, Silver Price : Rs. 75500

  • Mangalore Gold Price

22ct Gold : Rs. 51150, 24ct Gold : Rs. 55800, Silver Price : Rs. 75500

  • Ahmedabad Gold Price

22ct Gold : Rs. 51150, 24ct Gold : Rs. 55800, Silver Price : Rs. 72000

  • Surat Gold Price

22ct Gold : Rs. 51100, 24ct Gold : Rs. 55750, Silver Price : Rs. 72000

  • Nagpur Gold Price

22ct Gold : Rs. 50950, 24ct Gold : Rs. 55580, Silver Price : Rs. 72000

  • Pune Gold Price

22ct Gold : Rs. 51100, 24ct Gold : Rs. 55750, Silver Price : Rs. 72000

  • Bhubaneswar Gold Price

22ct Gold : Rs. 51100, 24ct Gold : Rs. 55750, Silver Price : Rs. 75500

  • Chandigarh Gold Price

22ct Gold : Rs. 51250, 24ct Gold : Rs. 55900, Silver Price : Rs. 72000

  • Bhopal Gold Price

22ct Gold : Rs. 52030, 24ct Gold : 54630, Silver Price : Rs. 75,000

  • Indore Gold Price

22ct Gold : Rs. 52030, 24ct Gold : 54630, Silver Price : Rs. 75,000

  • Jaipur Gold Price

22ct Gold : Rs. 51250, 24ct Gold : Rs. 55900, Silver Price : Rs. 72000

  • Patna Gold Price

22ct Gold : Rs. 51150, 24ct Gold : Rs. 55800, Silver Price : Rs. 72000

  • Lucknow Gold Price

22ct Gold : Rs. 51250, 24ct Gold : Rs. 55900, Silver Price : Rs. 72000

  • Noida Gold Price

22ct Gold : Rs. 51250, 24ct Gold : Rs. 55900, Silver Price : Rs. 72000

  • Ghaziabad Gold Price

22ct Gold : Rs. 51250, 24ct Gold : Rs. 55900, Silver Price : Rs. 72000

  • Gurugram Gold Price

22ct Gold : Rs. 51250, 24ct Gold : Rs. 55900, Silver Price : Rs. 72000

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First published on: Jan 04, 2023 04:24 PM IST
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