Gold Price today: Gold and silver prices have been steadily rising over the wedding season. The yellow metal’s price increased on the second day of the current business week as well. On Tuesday, the price of gold rose by Rs 122 per 10 gramme, while the price of silver rose by Rs 139 per kilogramme. Following this, gold surpassed Rs 54000 per 10 gramme on Tuesday, while silver finished near Rs 67200 per kilogramme.
However, people can still buy gold for less than Rs 2100 per 10 gramme and silver for less than Rs 12800 per kg. According to bullion market specialists, the period of rising gold and silver prices may continue.
Gold finished at Rs 54030 per kg on Tuesday, the first day of current trading week, with a gain of Rs 122 per 10 grammes. On the other hand, gold fell by Rs 29 per 10 gramme on Monday and concluded at Rs 53908 per 10 gramme.
On Tuesday Silver rose 112 rupees to Rs 67161 per kilogramme. On the other hand, on Monday’s previous trading day, silver finished at Rs 66131 per kg, an increase of Rs 773 per kg.
14 to 24 carat price
Thus, on Tuesday, 24 carat gold increased in price by Rs 122 to Rs 54030, 23 carat gold increased in price by Rs 121 to Rs 53814, 22 carat gold increased in price by Rs 112 to Rs 49491, 18 carat gold increased in price by Rs 91 to Rs 40522, and 14 carat gold increased in price by Rs 71 to Rs 31607 per 10 grammes.
Gold down Rs 2100 and silver down Rs 12800 from all-time highs
Gold is currently selling for Rs 2170 per 10 grammes less than its all-time high. Let us remind you that gold reached an all-time high in August 2020. At the time, gold had reached a price of Rs 56200 per ten kilos. Silver, on the other hand, was falling below its all-time low of Rs 12819 per kilogramme. Silver’s all-time high price is Rs 79980 per kilogramme.
Do not put off purchasing gold
According to bullion market specialists, there is still plenty of time left in the wedding season. In such a case, the price of gold and silver will continue to rise in the following days. Furthermore, these experts believe that the price of gold will shortly approach or exceed its all-time high in the new year 2023. In such a case, if you have a wedding here as well and want to acquire gold, do it as soon as feasible. In order for you to profit.
During the wedding season, gold and silver prices continue to fluctuate. As a result, during the wedding season, jewellery buyers are at a loss as to when it is appropriate to purchase gold and silver, i.e. when it is cheaper.
Give a missed call to find out the current gold price
You can get the retail price of 22 carat and 18 carat gold jewellery by calling 8955664433. Rates will be sent to you through SMS shortly. In addition, you can stay up to date by visiting www.ibja.co or ibjarates.com.
