Gold rate update: People are on Gold and silver jewellery shopping spree during this wedding season. Meanwhile, if you’re looking to acquire cheap gold and silver, there’s some good goldie news for you.
Along with gold, the price of silver increased in the previous trading week. Gold gained Rs 966 per 10 gram and silver gained Rs 2,605 per kg in the previous trading week. However, gold is still Rs 2,544 per 10 gram cheaper than its all-time high, while silver is Rs 15,546 per kilogramme cheaper.
Gold closed at Rs 53,656 per 10 gram and silver at Rs 64434 per kilogram on Friday, 2 December 2022, the last day of the previous trading week. On the other hand, gold finished at Rs 52660 and silver at Rs 61829 on Friday (26 November 2022), the last day of the preceding trading week.
Gold Price update: After two days, a new rate will be issued today
Actually, the new business week begins today. Today marks the start of the new business week. Previously, the price of gold and silver on the bullion market fell in the previous trading week. In such a case, everyone’s attention will be focused today on how gold and silver move in the Indian bullion market on the opening day of the new business week.
This was the gold and silver price on Friday
Gold (Gold Price) finished at Rs 53,656 per kg on Friday, the fifth and last day of the previous trading week, an increase of Rs 475 per 10 grammes. On the other hand, gold gained by Rs 404 per 10 gramme on Thursday and concluded at Rs 53181 per 10 gramme.
Along with gold, the price of silver increased significantly on Friday. Silver rose 1131 rupees to Rs 64434 per kilogramme. On the other hand, on Thursday’s previous trading day, silver finished at Rs 63203 per kg, a gain of Rs 1303.
14 to 24 carat gold price
As a result, 24-carat gold cost Rs 475 more to Rs 53,181, 23-carat gold cost Rs 473 more to Rs 52,968, 22-carat gold cost Rs 356 more to Rs 48,714, 18-carat gold cost Rs 278 more to Rs 39,886 and 14-carat gold cost Rs. Gold increased in price by Rs 236 and finished at Rs 31111 per 10 gramme.
Gold is down Rs 2,500 and silver is down Rs 15,500 from their all-time highs
Gold is currently cheaper by Rs 2544 per 10 gramme compared to its all-time high. Let us remind you that gold reached an all-time high in August 2020. At the time, gold had reached a price of Rs 56200 per ten kilos. Silver, on the other hand, was falling below its all-time low of Rs 15546 per kilogramme. Silver’s all-time high price is Rs 79980 per kilogram.
Do not put off purchasing gold
According to bullion market specialists, there is still plenty of marriage season left. In such a case, the price of gold and silver will continue to rise in the following days. Furthermore, these experts believe that the price of gold will shortly approach or exceed its all-time high in the new year 2023. In such a case, if you have a wedding here as well and want to acquire gold, do it as soon as feasible. In order for you to profit.
During the wedding season, gold and silver prices continue to fluctuate. Gold and silver prices fluctuate between rising and falling. As a result, during the wedding season, jewellery buyers are at a loss as to when it is appropriate to purchase gold and silver, i.e. when it is cheaper. Meanwhile, the prices of gold and silver have risen this business week.
Give a missed call to find out the current gold price
You can get the retail price of 22 carat and 18 carat gold jewellery by calling 8955664433. Rates will be sent to you through SMS shortly. You can also go to www.ibja.co or ibjarates.com.