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Gold Price Today December 7 2022: Gold tumbles again, down by Rs2600!

Gold Price Today December 7 2022: During the wedding season, there appears to be a pause in the rise of gold and silver for the last few days. Today is the second consecutive day that the price of gold and silver has fallen. Today, gold is Rs 35 cheaper and silver is Rs 169 cheaper. […]

Edited By : Divya Richa | Updated: Dec 7, 2022 15:17 IST
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Gold Price Today December 7 2022: During the wedding season, there appears to be a pause in the rise of gold and silver for the last few days. Today is the second consecutive day that the price of gold and silver has fallen. Today, gold is Rs 35 cheaper and silver is Rs 169 cheaper. Following this decline, gold is now selling for around Rs 53600 per 10 gramme and silver for around Rs 64500 per kg.

Significantly, the prices of gold and silver have been fluctuating over the last month. Gold and silver prices fluctuate between decreasing and increasing. In such a case, the customer is skeptical 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

IBJA gold and silver condition

According to the Indian Bullion Jewelers Association’s (IBJA) website, on the second day of this trading week, Wednesday (December 7), gold fell by Rs 35 per ten gram and opened at Rs 53594 per ten gram. On the previous trading day, gold fell by Rs 225 and closed at Rs 53629 per 10 gram on Tuesday.

Today, on the other hand, silver (Silver Price Update) opened at Rs 64479 per kg, down Rs 169. On the other hand, on Tuesday’s last trading day, silver fell by Rs 1116 and closed at Rs 64648 per kg.

MCX gold and silver rates

Unlike the Indian Bullion Jewelers Association (IBJA), gold and silver are booming on the Multi Commodity Exchange today (MCX). Today, gold on the MCX is Rs 16 more expensive, trading at Rs 53,776. Silver is currently trading at Rs 65,575 with a gain of Rs 161.

Gold is down Rs 2600 and silver is down Rs 15,500 from their all-time highs

Gold is currently selling for Rs 2606 per 10 gramme 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 15501 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 53594 per 10 grammes, 23 carat gold is Rs 53379 per 10 grammes, 22 carat gold is Rs 49092 per 10 grammes, 18 carat gold is Rs 40196 per 10 grammes, and 14 carat gold is approximately Rs 40196 per 10 grammes. Is currently trading at Rs 31353 per 10 grammes.

Gold Price Today December 7 2022 on global market

In contrast to the Indian bullion market, gold and silver are trading quickly on the international market today. In the United States, gold was up $ 0.87 at $1,771.97 per ounce and silver was up $ 0.10 at $22.29 per ounce.

Gold Price Today December 7 2022 in Major 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. 5,0130, 24ct Gold : Rs. 5,2640, Silver Price : Rs. 72,500

Indore Gold Price

22ct Gold : Rs. 5,0130, 24ct Gold : Rs. 5,2640, Silver Price : Rs. 72,500

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

Gurgram Gold Price

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

First published on: Dec 07, 2022 03:17 PM IST
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