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Golden chance to buy Gold at cheaper rate on Karva Chauth; gold rate down by Rs 5080

Gold Price Update: There is important news for those who are planning to buy gold or silver before the Karva chauth. There has been a big drop in the price of gold and silver ahead of Karva Chauth. The Karva Chauth is on Thursday. Earlier on Monday, along with gold, there was a big fall […]

Edited By : News24 Desk | Updated: Oct 11, 2022 14:47 IST
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Gold Silver Price Today
Gold Silver Price

Gold Price Update: There is important news for those who are planning to buy gold or silver before the Karva chauth. There has been a big drop in the price of gold and silver ahead of Karva Chauth.

The Karva Chauth is on Thursday. Earlier on Monday, along with gold, there was a big fall in the price of silver. On Monday, the first day of this trading week, gold closed at Rs 51120 per 10 grams and silver at Rs 58949 per kg. After this fall, gold is getting cheaper by Rs 5000 and silver by Rs 21,000 from its all-time high.

On Monday, gold became cheaper by Rs 645 per ten grams and closed at Rs 51120 per 10 grams. Whereas on the last trading day on Friday, gold became cheaper by Rs 73 per ten grams and closed at Rs 51765 per 10 grams.

At the same time, silver became cheaper by Rs 1899 and closed at Rs 58949 per kg. Whereas on the last trading day on Friday, silver became costlier by Rs 178 per kg and closed at Rs 60848 per kg.

14 to 24 carat gold latest price

In this way, on Monday, 24 carat gold became cheaper by Rs 645 to Rs 51120, 23 carat gold by Rs 643 to Rs 50915, 22 carat gold by Rs 591 to Rs 46826, 18 carat gold by Rs 483 to Rs 38340 and 14 carat Gold was cheaper by Rs 378 and closed at Rs 29905 per 10 grams.

Gold 5000 and silver 21031 is getting cheaper from all time high

Gold is currently selling around Rs 5080 per 10 grams cheaper than its all-time high. Let us tell you that gold had made its all-time high in August 2020. At that time gold had gone up to the level of Rs 56200 per ten grams. At the same time, silver was getting cheaper at the rate of about Rs 21031 per kg from its highest level. The highest ever level of silver is Rs 79980 per kg.

Know the latest gold price by giving a missed call

You can give a missed call on 8955664433 to know the retail rates of 22 karat and 18 karat gold jewellery. Rates will be received through SMS in a short time. Along with this, for information about frequent updates, you can visit www.ibja.co or ibjarates.com.

24 carat gold is purest

Let us tell you that 24 carat gold is considered the purest, but jewelry cannot be made from this gold because it is very soft. Therefore, 22 carat gold is mostly used in making jewelery or jewellery. 24 carat gold is 99.9 percent quality and 22 carat is about 91 percent pure.

First published on: Oct 11, 2022 09:37 AM IST

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