Thursday, December 1, 2022

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Gold price today: Right time to buy Gold ahead of wedding season! Gold slips by Rs5,800, silver Rs22,300 !Check out rates

Gold price today: Today, the price of gold is declining along with silver. Following this, gold is selling for around Rs5800 less than it did at its peak, and silver is selling for Rs 22,300 less.

If you want to buy gold and silver before the start of the wedding season, it is the perfect time to invest in Gold. Because the bullion market specialists believe that a rise in the price of silver along with gold in the upcoming days is highly likely.

Silver has decreased in price by Rs 954 per kg, while gold has decreased in price by Rs 423 per 10 grams today. Following this, gold has decreased to Rs 50400 per kilogramme and silver has begun to trade around Rs 57673. Silver is now about Rs 22,300 per kg and gold is roughly Rs 5800 per 10 grams less expensive than it was at its peak.

Status of Gold and Silver on IBJA

The Indian Bullion Jewelers Association (IBJA) reports that on Thursday, November 3, the fourth trading day of current trading week, gold decreased in price by Rs 423 per ten kilos and opened at Rs 50401 per ten grammes. In contrast, gold increased in price by Rs 133 per ten kilos on Wednesday’s final trading day, closing at Rs 50824.

On the other hand, today’s silver (Silver Price Update) opened at Rs. 57673 per kg and decreased by Rs. 954. Silver was cheaper on the final trading day on Wednesday and concluded at Rs. 58627 per kilogramme.

Silver and Gold Prices on the MCX

Today on the Multi Commodity Exchange (MCX), gold and silver are trading with a decline, much as the Indian Bullion Jewelers Association (IBJA). Gold has increased in price by Rs 298 today on the MCX, reaching a level of Rs 50,308. While silver has increased by Rs 823 in price to Rs 57,967.

From all-time highs, gold 5800 and silver 22300 are getting cheaper

Compared to its all-time high, gold is currently selling for around Rs 5799 per 10 grammes less. August 2020 became the highest point in gold’s history. At that time, the price of gold had increased to Rs 56,200 for 10 kilos. Silver was also declining in price at a rate of roughly Rs 22307 per kilogramme from its peak. Silver is now priced at Rs. 79980 per kilogramme. In such a scenario, people who intend to purchase gold or silver may find that this presents a favourable time to do so.

Price of 14 to 24 carat gold

In this method, the current price of gold is Rs 50401 per 10 grammes for 24 carat gold, Rs 50200 for 23 carat gold, Rs 46167 for 22 carat gold, Rs 37801 for 18 carat gold, and approx. 14 carat gold. It is currently retailing at Rs 29485 for every 10 grammes.

Gold and silver status on the global market

Gold and silver are currently trading with a bullish trend on the worldwide market, in contrast to the Indian bullion market. In the US, gold is currently trading at $1,634.90 per ounce, up $0.71. Silver, on the other hand, is currently trading at a level of $ 19.28 per ounce with a gain of $0.12.

Gold, Silver Price in major cities

Delhi: Gold, silver Price

22ct Gold : Rs. 46850, 24ct Gold : Rs. 51100, Silver Price : Rs. 58100

Mumbai: Gold, silver Price

22ct Gold : Rs. 46700, 24ct Gold : Rs. 50950, Silver Price : Rs. 58100

Kolkata: Gold, silver Price

22ct Gold : Rs. 46700, 24ct Gold : Rs. 50950, Silver Price : Rs. 58100

Chennai: Gold, silver Price

22ct Gold : Rs. 47150, 24ct Gold : Rs. 51440, Silver Price : Rs. 64000

Hyderabad: Gold, silver Price

22ct Gold : Rs. 46700, 24ct Gold : Rs. 50950, Silver Price : Rs. 64000

Bangalore: Gold, silver Price

22ct Gold : Rs. 46750, 24ct Gold : Rs. 51000, Silver Price : Rs. 64000

Mangalore: Gold, silver Price

22ct Gold : Rs. 46750, 24ct Gold : Rs. 51000, Silver Price : Rs. 64000

Ahmedabad: Gold, silver Price

22ct Gold : Rs. 46750, 24ct Gold : Rs. 51000, Silver Price : Rs. 58100

Surat: Gold, silver Price

22ct Gold : Rs. 46750, 24ct Gold : Rs. 51000, Silver Price : Rs. 58100

Nagpur: Gold, silver Price

22ct Gold : Rs. 46730, 24ct Gold : Rs. 50980, Silver Price : Rs. 58100

Pune: Gold, silver Price

22ct Gold : Rs. 46730, 24ct Gold : Rs. 50980, Silver Price : Rs. 58100

Bhubaneswar : Gold, silver Price

22ct Gold : Rs. 46700, 24ct Gold : Rs. 50950, Silver Price : Rs. 64000

Chandigarh: Gold, silver Price

22ct Gold : Rs. 46850, 24ct Gold : Rs. 51100, Silver Price : Rs. 58100

Bhopal : Gold, silver Price

22ct Gold : Rs. 47680, 24ct Gold : Rs. 50600, Silver Price : Rs. 64000

Indor: Gold, silver Price

22ct Gold : Rs. 47300, 24ct Gold : Rs. 49700, Silver Price : Rs. 64500

Jaipur: Gold, silver Price

22ct Gold : Rs. 46850, 24ct Gold : Rs. 51100, Silver Price : Rs. 58100

Lucknow: Gold, silver Price

22ct Gold : Rs. 46850, 24ct Gold : Rs. 51100, Silver Price : Rs. 58100

Patna: Gold, silver Price

22ct Gold : Rs. 46730, 24ct Gold : Rs. 50980, Silver Price : Rs. 58100

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