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Gold Price Today: Huge drop in Gold rate, skids by Rs 1,800! Christmas gift

Gold Price Today: Gold and silver price has dropped after a continuous rise of fifth straight day. This has brought a relief of gold buyers as gold has crossed the 54,000 mark. Rising gold price has burnt hole in pockets. On Friday gold down by Rs 333 per 10 grams, while the price of silver […]

Edited By : Divya Richa | Dec 24, 2022 14:10 IST
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Gold Price Today: Gold and silver price has dropped after a continuous rise of fifth straight day. This has brought a relief of gold buyers as gold has crossed the 54,000 mark. Rising gold price has burnt hole in pockets. On Friday gold down by Rs 333 per 10 grams, while the price of silver increased by Rs 217 per kg. After this, gold has started selling below Rs 54400 per 10 grams and silver below Rs 67,900 per kg. it is noed that new prices of gold and silver are not released on Saturdays and Sundays and buying and selling is done at Friday’s rate only.

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.

Gold and silver on IBJA

According to the website of the Indian Bullion Jewelers Association (IBJA), on Friday (December 23), on the fifth day of this trading week, gold became cheaper by Rs 333 per ten grams and closed at Rs 54366 per ten grams. Happened open. Whereas on Thursday, on the last trading day, gold became cheaper by Re 1 and closed at Rs 54699 per 10 grams.

On the other hand, silver (Silver Price Update) closed at a level of Rs 67822 per kg with a gain of Rs 217. While on the last trading day on Thursday, silver fell by Rs 572 to close at Rs 67605 per kg.

Unlike the Indian Bullion Jewelers Association (IBJA) on Friday, gold and silver were trading with a boom on the Multi Commodity Exchange (MCX) today. Gold on MCX became costlier by Rs 132 and closed at Rs 54,606. While silver is trading at a level of Rs 69,018 with a jump of Rs 498.

Gold down by Rs 1800 and silver by Rs 12000 from all-time high

At present, gold is being sold cheaper than its all-time high by Rs 1834 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 12158 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 silver rate today

In this way, on Friday, the price of 24 carat gold fell to Rs 54366 per 10 grams, 23 carat gold to Rs 54148 per 10 grams, 22 carat gold to Rs 49799 per 10 grams, 18 carat gold to Rs 40775 per 10 grams and 14 carat gold to approx. Is trading at the level of Rs.31804 per 10 grams.

Condition of gold and silver in the 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 $ 3.84 at $ 1,797.45 an ounce and silver by $ 0.15 at $ 23.74 an ounce.

Gold silver rate today in Major cities

  • Delhi Gold Price

22ct Gold : Rs. 49850, 24ct Gold : Rs. 54380, Silver Price : Rs. 70100

  • Mumbai Gold Price

22ct Gold : Rs. 49700, 24ct Gold : Rs. 54220, Silver Price : Rs. 70100

  • Kolkata Gold Price

22ct Gold : Rs. 49700, 24ct Gold : Rs. 54220, Silver Price : Rs. 73700

  • Chennai Gold Price

22ct Gold : Rs. 50660, 24ct Gold : Rs. 55260, Silver Price : Rs. 73700

  • Hyderabad Gold Price

22ct Gold : Rs. 49700, 24ct Gold : Rs. 54220, Silver Price : Rs. 73700

  • Bangalore Gold Price

22ct Gold : Rs. 49750, 24ct Gold : Rs. 54270, Silver Price : Rs. 73700

  • Mangalore Gold Price)

22ct Gold : Rs. 49750, 24ct Gold : Rs. 54270, Silver Price : Rs. 73700

  • Ahmedabad Gold Price

22ct Gold : Rs. 49750, 24ct Gold : Rs. 54270, Silver Price : Rs. 70100

  • Surat Gold Price

22ct Gold : Rs. 49750, 24ct Gold : Rs. 54270, Silver Price : Rs. 70100

  • Nagpur Gold Price

22ct Gold : Rs. 49700, 24ct Gold : Rs. 54220, Silver Price : Rs. 70100

  • Pune Gold Price

22ct Gold : Rs. 49700, 24ct Gold : Rs. 54220, Silver Price : Rs. 70100

  • Bhubaneswar Gold Price

22ct Gold : Rs. 49700, 24ct Gold : Rs. 54220, Silver Price : Rs. 73700

  • Chandigarh Gold Price

22ct Gold : Rs. 49850, 24ct Gold : Rs. 54380, Silver Price : Rs. 70100

  • Bhopal Gold Price

22ct Gold : Rs. 50630, 24ct Gold : 53160, Silver Price : Rs. 73,700

  • Indore Gold Price

22ct Gold : Rs. 50630, 24ct Gold : 53160, Silver Price : Rs. 73,700

  • Jaipur Gold Price

22ct Gold : Rs. 49850, 24ct Gold : Rs. 54380, Silver Price : Rs. 70100

  • Lucknow Gold Price

22ct Gold : Rs. 49850, 24ct Gold : Rs. 54380, Silver Price : Rs. 70100

  • Patna Gold Price

22ct Gold : Rs. 49750, 24ct Gold : Rs. 54270, Silver Price : Rs. 70100

  • Noida Gold Price

22ct Gold : Rs. 49850, 24ct Gold : Rs. 54380, Silver Price : Rs. 70100

  • Ghaziabad Gold Price

22ct Gold : Rs. 49850, 24ct Gold : Rs. 54380, Silver Price : Rs. 70100

  • Gurugram Gold Price

22ct Gold : Rs. 49850, 24ct Gold : Rs. 54380, Silver Price : Rs. 70100

First published on: Dec 24, 2022 02:10 PM IST
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