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Gold Price Today: Good news! Gold rates skid by Rs210, silver by Rs1,294; details here

Gold Price Today: It is a relief for customers as the price of gold and silver witnessed a fall on Thursday. The rate of gold and silver was seeing uptrend for the last eight days and Thursday put a halt to the ongoing upward trend. Today, the price of gold fell by Rs 201 per […]

Edited By : Divya Richa | Updated: Nov 17, 2022 15:29 IST
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Gold Silver Price Today
Gold Silver Price

Gold Price Today: It is a relief for customers as the price of gold and silver witnessed a fall on Thursday. The rate of gold and silver was seeing uptrend for the last eight days and Thursday put a halt to the ongoing upward trend. Today, the price of gold fell by Rs 201 per 10 gram, while the price of silver fell by Rs 1294 per kg. Following this decline, gold has fallen to Rs 52900 per gram, while silver is selling for Rs 61300 per kg.

After this fall, during the wedding season, you will have a golden opportunity to purchase gold and silver at a low cost. Gold is still selling for Rs 3300 per 10 gram less than its all-time high, and silver is selling for Rs 18700 per kg less. Indeed, bullion market experts predict that, along with gold, the price of silver will rise further in the coming days, and both will set new highs.

After this fall, during the wedding season, you will have a golden opportunity to purchase gold and silver at a low cost. Gold is still selling for Rs 3300 per 10 gramme less than its all-time high, and silver is selling for Rs 18700 per kg less. Indeed, bullion market experts predict that, along with gold, the price of silver will rise further in the coming days, and both will set new highs.

IBJA gold and silver condition

According to the website of the Indian Bullion Jewelers Association (IBJA), gold (Gold Price Update) became cheaper by Rs 201 per ten grammes on Thursday (November 17), the fourth day of this trading week, and opened at Rs 52893 per ten grammes. While gold increased in price by Rs 1294 per kg on Thursday, it closed at Rs 53094 per 10 grammes.

Today, silver (Silver Price Update) became less expensive at Rs 1294 per kg and opened at Rs 61300 per kg. On the other hand, silver increased in price by Rs 687 on Wednesday, closing at Rs 62594 per kg.

MCX gold and silver rates

According to the Indian Bullion Jewelers Association (IBJA), silver and gold are trading lower today on the Multi Commodity Exchange (MCX). Today, gold on the MCX fell by Rs 138 and is now trading at Rs 52,924. While silver is currently trading at Rs 61,509, up Rs 488.

Gold is down Rs 3300 and silver is down Rs 18600 from their all-time highs

Gold is currently selling for Rs 3307 per 10 grammes 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 18680 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 52952 per 10 gramme, 23 carat gold is Rs 52681 per 10 gramme, 22 carat gold is Rs 48450 per 10 gramme, 18 carat gold is Rs 39670 per 10 gramme, and 14 carat gold is approximately Rs 39670 per 10 gramme. Is currently trading at Rs 30942 per 10 grammes.

condition of gold and silver in the international market

Like the Indian bullion market, gold is trading with a decline in the international market today. In the US, gold is trading down by $ 8.91 at a rate of $ 1,765.10 an ounce. On the other hand, silver is trading down by $ 0.19 at the level of $ 21.23 an ounce.

Gold, Silver Price in major cities

Delhi Gold Price

22ct Gold : Rs. 48900, 24ct Gold : Rs. 53350, Silver Price : Rs. 62000

Mumbai Gold Price

22ct Gold : Rs. 48750, 24ct Gold : Rs. 53180, Silver Price : Rs. 62000

Kolkata Gold Price

22ct Gold : Rs. 48750, 24ct Gold : Rs. 53180, Silver Price : Rs. 62000

Chennai Gold Price

22ct Gold : Rs. 49500, 24ct Gold : Rs. 54000, Silver Price : Rs. 67200

Hyderabad Gold Price

22ct Gold : Rs. 48750, 24ct Gold : Rs. 53180, Silver Price : Rs. 67200

Bangalore Gold Price

22ct Gold : Rs. 48800, 24ct Gold : Rs. 53230, Silver Price : Rs. 67200

Mangalore Gold Price

22ct Gold : Rs. 48800, 24ct Gold : Rs. 53230, Silver Price : Rs. 67200

Ahmedabad Gold Price

22ct Gold : Rs. 48800, 24ct Gold : Rs. 53230, Silver Price : Rs. 62000

Surat

22ct Gold : Rs. 48800, 24ct Gold : Rs. 53230, Silver Price : Rs. 62000

Nagpur Gold Price

22ct Gold : Rs. 48780, 24ct Gold : Rs. 53210, Silver Price : Rs. 62000

Pune Gold Price

22ct Gold : Rs. 48780, 24ct Gold : Rs. 53210, Silver Price : Rs. 62000

Bhubaneswar Gold Price

22ct Gold : Rs. 48750, 24ct Gold : Rs. 53180, Silver Price : Rs. 67200

Chandigarh Gold Price

22ct Gold : Rs. 48900, 24ct Gold : Rs. 53350, Silver Price : Rs. 62000

Bhopal Gold Price

22ct Gold : Rs. 50030, 24ct Gold : Rs. 52530, Silver Price : Rs. 67,500

Indore Gold Price

22ct Gold : Rs. 50030, 24ct Gold : Rs. 52530, Silver Price : Rs. 68670

Jaipur Gold Price

22ct Gold : Rs. 48900, 24ct Gold : Rs. 53350, Silver Price : Rs. 62000

Lucknow Gold Price

22ct Gold : Rs. 48900, 24ct Gold : Rs. 53350, Silver Price : Rs. 62000

Patna Gold Price

22ct Gold : Rs. 48780, 24ct Gold : Rs. 53210, Silver Price : Rs. 62000

First published on: Nov 17, 2022 03:29 PM IST
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