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Gold Price Update 11 July: Gold slips by over Rs 3000, know current rate

Gold Price Update 11 July: Gold and silver prices registered a rise on the first day of this trading week. Even after this, gold has climbed up to Rs 58,700 per 10 grams and silver has reached close to Rs 70,700 per kg. (Gold Price Update 11 July) On Monday, the first day of this […]

Edited By : Divya Richa | Updated: Jul 11, 2023 09:40 IST
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Gold Price Update

Gold Price Update 11 July: Gold and silver prices registered a rise on the first day of this trading week. Even after this, gold has climbed up to Rs 58,700 per 10 grams and silver has reached close to Rs 70,700 per kg. (Gold Price Update 11 July)

On Monday, the first day of this business week, gold (Gold Price Update) became costlier by Rs 70 per 10 grams and closed at Rs 58656 per kg. Whereas before that, on the last trading day on Friday, gold became cheaper by Rs 456 per 10 grams and closed at the level of Rs 58586 per 10 grams.

On Monday, along with gold, the price of silver also registered a rise. On Monday, silver became costlier by Rs 881 and closed at Rs 70631 per kg. Earlier on Friday, silver had become cheaper by Rs 1056 and closed at Rs 69750 per kg.

14 to 24 carat rate

On Monday, 24 carat gold is trading at Rs 58656, 23 carat at Rs 58421, 22 carat at Rs 53729, 18 carat at Rs 43992 and 14 carat at Rs 34314 per 10 grams. The gold and silver rates of MCX and the international market are tax-free, so there is a difference between the rates of the country’s markets.

Gold slips by Rs 3,000; silver by Rs 9300 from all-time high

After this, gold is selling cheaper by Rs 3060 per 10 grams than its all-time high. Let us tell you that gold made its all-time high on 4 May 2023. On that day gold had gone up to the level of Rs 61646 per ten grams. At the same time, silver was still getting cheaper than its highest level at the rate of Rs 9349 per kg. The all-time high level of silver is Rs 79980 per kg.

Know latest gold price through missed call

To know the retail rate of 22 carat and 18 carat gold jewellery, you can give a missed call on 8955664433. Rates will be received through SMS in a short while. Along with this, you can visit www.ibja.co or ibjarates.com for continuous updates.

 

First published on: Jul 11, 2023 09:40 AM IST

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