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Gold Price Update 27 December: Gold slips by Rs1800; Hurry up!

Gold Price Update, 27 December: new year 2023 is approaching and we all have planned a lot for new year. Some of us prefer to start new year by gifting near and dear one. And nothing can be better than gold in present scenario. As Gold expresses your love, your concern and with time its […]

Edited By : Divya Richa | Updated: Dec 27, 2022 11:02 IST
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Gold Price Update, 27 December: new year 2023 is approaching and we all have planned a lot for new year. Some of us prefer to start new year by gifting near and dear one. And nothing can be better than gold in present scenario. As Gold expresses your love, your concern and with time its value is also increased. So If you too are planning to buy gold, silver or its jewellery, then there is important news for you. For the last several months, the prices of gold and silver are continuously increasing. On the first day of the last trading week of the year 2022, an increase in the price of gold was also recorded. While a the price of silver is declined. On Monday, gold became costlier by Rs 20 per 10 grams, while silver declined by Rs 69 per kg. After this, gold climbed up to Rs 54,400 per 10 grams on Monday. On the other hand, silver closed near Rs 67800 per kg. However, people still have the opportunity to buy gold at Rs 1800 per 10 grams and silver at more than Rs 12000 per kg. If the experts of the bullion market are to be believed, then the period of increase in the prices of gold and silver may continue.

On Monday, the first day of this trading week, gold (Gold Price Update, 27 December) closed at a level of Rs 54386 per kg with a gain of Rs 20 per 10 grams. Whereas on the last trading day on Friday, gold fell by Rs 333 per 10 grams and closed at Rs 54366 per 10 grams.

On the other hand, on Monday, in contrast to gold, a softening in the price of silver (Gold Price Update) was recorded. Silver declined by Rs 69 to close at Rs 67753 per kg. Whereas on the last trading day on Friday, the silver rate climbed up by Rs 217 per kg and closed at the level of Rs 67822 per kg.

14 to 24 carat Gold Price Update, 27 December:

On Monday, 24-carat gold became costlier by Rs 20 to Rs 54,386, 23-carat gold by Rs 20 to Rs 54,168, 22-carat gold by Rs 19 to Rs 49,818, 18-carat gold by Rs 15 to Rs 40,790 and 14-carat gold by Rs 12. The rupee became costlier and closed at Rs 31816 per 10 grams.

Gold down by Rs1800; silver by Rs 12000 from all-time high

Gold is currently selling cheaper than its all-time high by Rs 1814 per 10 grams. 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. On the other hand, silver was getting cheaper than its highest level at the rate of Rs 12227 per kg. The all-time high level of silver is Rs 79980 per kg.

Do not delay in buying gold

According to the experts of bullion market, after Kharmas, there is still a lot of time left in the wedding season along with Makar Sankranti on January 14. In such a situation, the phase of rise in the price of gold and silver will continue in the coming days. Also, these people say that soon in the new year 2023, the price of gold will reach near or beyond its highest level. In such a situation, if you have a wedding here too and you want to buy gold, then buy it as soon as possible. So that you can get some benefit.

Know Gold Price Update, 27 December 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.

Know the purity of gold like this

If you want to check the purity of gold now, then an app has been made by the government for this. With the BIS Care app, customers can check the purity of gold. Through this app, you can not only check the purity of gold, but can also make any complaint related to it.

First published on: Dec 27, 2022 08:48 AM IST
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